AGI Reports Record Financial Growth in 2023
Company Announcements

AGI Reports Record Financial Growth in 2023

Ag Growth International (TSE:AFN) has released an update.

Ag Growth International Inc. has reported record financial results for the fourth quarter and full year of 2023, with notable increases in revenue and a significant 25% year-over-year rise in adjusted EBITDA to $294 million. The company’s strong performance is highlighted by a record order book and a reduction in net debt leverage ratio, forecasting a promising 2024 with a guidance of at least $310 million in adjusted EBITDA. Investors can look forward to AGI’s continued growth momentum and strategic focus on balance sheet strength.

For further insights into TSE:AFN stock, check out TipRanks’ Stock Analysis page.

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