Ag Growth International Inc (OTCPK:AGGZF)
$ 35.49 -0.99 (-2.71%) Market Cap: 672.62 Mil Enterprise Value: 1.30 Bil PE Ratio: 17.59 PB Ratio: 2.80 GF Score: 86/100

Q2 2022 Ag Growth International Inc Earnings Call Transcript

Aug 11, 2022 / 12:00PM GMT
Release Date Price: $29.81 (+14.64%)
Operator

Thank you for standing by. This is the conference operator. Welcome to the AGI Second Quarter 2022 Results Conference Call. The conference is being recorded. (Operator Instructions) I would now like to turn the conference over to Tim Close, President and CEO of AGI. Please go ahead, sir.

Tim Close
Ag Growth International Inc. - President, CEO & Director

Good morning. Thank you for joining Jim Rudyk and I to review our second quarter results and outlook for the remainder of the year. Our diversified business model and the robust demand we are seeing across all segments continues to produce strong results, with double-digit sales growth and expanding margins leading to a record second quarter. Despite regional disruptions and persistent supply chain issues, we have now announced 3 straight record quarters in a row. AGI is uniquely positioned as a supplier of critical food infrastructure globally.

Increasing population, rising food and feed consumption and expanding crop volumes underpinned the fundamental demand for AGI products through geopolitical

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