See "Non-IFRS and Other Financial Measures". Historical or forward-looking non-IFRS financial measure. We look forward to tackling new challenges and enjoying more successes through the year.” Supported by a strong order book, clear strategic priorities, and the organization settling into a more disciplined operating cadence, we have increased our full year guidance for 2023. “With several of our key operational excellence initiatives and growth strategies gaining traction, we are optimistic about the potential to continue our growth trajectory in 2023. “We are pleased to see the momentum from a banner 2022 carryover into a strong start for 2023,” noted Paul Householder, President & CEO of AGI. Order book 3 is up 7% YOY as of March 31, 2023, supporting the prospect of continued growth through 2023 Management is raising full year 2023 adjusted EBITDA guidance to be at least $265 million 1, up from our previous guidance of at least $260 million Net debt leverage ratio 2 of 3.6x at Mavs 3.7x at Decemand 5.2x at March 31, 2022 Sales increased 19% to $347 million on a year-over-year (‘YOY’) basisĪdjusted EBITDA 1 increased 16% to $48 million on a YOY basisĪdjusted EBITDA margin 2 of 13.9% vs 14.2% on a YOY basis Record first quarter results for sales and adjusted EBITDA (TSX: AFN) (“AGI”, the “Company”, “we” or “our”) today announced its financial results for the three-months ended March 31, 2023. WINNIPEG, Manitoba-( BUSINESS WIRE)-Ag Growth International Inc.
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