Outstanding Safety Milestone
AGI's manufacturing facility in Saskatoon achieved a significant milestone of 10 years without a lost time safety incident.
Strong Performance in International Commercial Segment
International areas, particularly Brazil, EMEA, and Asia-Pacific, showed robust activity with several new contracts totaling approximately CAD 105 million.
Record Order Book Levels
AGI's order book exited the third quarter at a record level, up 36% year-over-year, with notable strength in the international commercial sector.
Operational Excellence and Margin Stability
Despite challenges, AGI demonstrated a strong margin performance with a full year margin outlook of approximately 19%.
Leverage Ratio Improvement
AGI improved its net debt leverage ratio to 3.1x from 3.2x year-over-year, with plans to achieve a target of 2.5x by 2025.