Ag Growth International Inc (TSX:AFN)
C$ 52.63 -0.37 (-0.7%) Market Cap: 1.00 Bil Enterprise Value: 1.80 Bil PE Ratio: 44.23 PB Ratio: 3.12 GF Score: 86/100
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Q2 2023 Ag Growth International Inc Earnings Call Transcript

Aug 11, 2023 / 12:00PM GMT
Release Date Price: C$59.15 (+12.50%)
Operator

Thank you for standing by. This is the conference operator. Welcome to the AGI Second Quarter 2023 Results Conference Call. (Operator Instructions) And the conference is being recorded. (Operator Instructions) I would now like to turn the conference over to Paul Householder, President and CEO of AGI. Please go ahead, sir.

Paul David Householder
Ag Growth International Inc. - CEO, President & Director

Thank you, Operator. Good morning, and welcome to AGI's Second Quarter 2023 Results Call. As usual, I'm joined by our CFO, Jim Rudyk. I'll start the call with a review of our results as well as an update on outlook for the remainder of the year, then turn the call to Jim for additional commentary on the quarter. Following our prepared remarks, we'll open the call for questions.

The second quarter was again a record for AGI, making it 7 record quarterly performances in a row. The strong second quarter results were marked by an exceptional gross margin performance. Many of the operational excellence initiatives set in motion late in 2022 and early 2023

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