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AgroFresh Solutions, Inc. (Nasdaq: AGFS) announced participation in the H. C. Wainwright 23rd Annual Global Investment Conference. CEO Clint Lewis and CFO Graham Miao will present virtually on September 13, 2021, at 7:00 a.m. ET. The presentation will be accessible via an on-demand audio webcast on AgroFresh’s investor relations website, with an archived replay available for at least 90 days. AgroFresh, a leader in AgTech, aims to reduce food waste and improve produce freshness through innovative solutions, supported by over 40 years of post-harvest experience.
AgroFresh Solutions (Nasdaq: AGFS) has won the Overall Food Quality Solution of the Year Award at the AgTech Breakthrough Awards, recognizing its comprehensive agricultural solutions that enhance food freshness and reduce waste. The awards program, which received over 1,500 nominations globally, highlights AgroFresh's commitment to sustainability and innovation in the produce industry. CEO Clint Lewis emphasized the importance of proven technologies for maintaining quality throughout the supply chain, aiming to improve availability and reduce food loss.
AgroFresh Solutions reported a 9.7% increase in net sales to $21.9 million for Q2 2021, driven by diversification efforts, particularly in 1-MCP solutions. However, the company also faced a net loss of $17.3 million in the quarter, slightly higher than the $16.8 million loss in Q2 2020. First half results showed a 14.9% sales increase, with adjusted EBITDA rising 32.2% to $15.1 million. New leadership appointments aim to enhance diversification strategies and growth moving forward.
AgroFresh Solutions announces key leadership appointments aimed at enhancing its growth strategy. The new hires include Mike Hamby as Chief Commercial Officer, Duncan Aust as Chief Technology Officer, Amy Tranzillo as Global Head of Marketing, and Bob Barclay as Head of Strategy and Business Development. These leaders will focus on commercial excellence, R&D, and diversification strategies to drive consistent and profitable growth. The company aims to strengthen its market position and increase shareholder value through these strategic changes.
AgroFresh Solutions (Nasdaq: AGFS) announced CEO Clint Lewis and CFO Graham Miao will participate virtually in the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021, at 1:00 PM ET. The presentation will be accessible via live audio webcast through the investor relations section of AgroFresh’s website. With a mission to prevent food loss and waste, AgroFresh delivers science-based solutions that enhance produce quality and extend shelf life. The company boasts over 40 years of experience in the post-harvest sector.
AgroFresh Solutions, Inc. (Nasdaq: AGFS) will release its second quarter results on August 10, 2021, after market close. A conference call will follow at 4:30 p.m. ET, where the management team will discuss performance and provide insights. The conference call will be accessible through the company’s website, with a replay available from 7:30 p.m. ET on the same day until August 24, 2021. AgroFresh, a leader in produce freshness solutions, aims to combat food waste and enhance supply chain quality through innovative technologies and scientific solutions.
AgroFresh Solutions has entered a global licensing agreement with Know Hub Chile to explore patent-pending technology aimed at controlling superficial scald in apples and pears. The initiative focuses on a natural lipid solution, presenting a potential alternative to chemical treatments that are restricted in the EU. AgroFresh plans to start customer trials in the 2021-2022 Northern Hemisphere growing season, reinforcing its commitment to reducing food loss and waste. This collaboration highlights AgroFresh's strategy to enhance its innovation pipeline with plant-based solutions.
AgroFresh Solutions (Nasdaq: AGFS), a leader in produce freshness solutions, announced participation in the BMO Capital Markets 16th Annual Farm to Market Virtual Conference. CEOs Clint Lewis and CFO Graham Miao will host a fireside chat on May 20, 2021, at 10:40 AM ET. Interested parties can access the presentation via a live audio webcast on AgroFresh’s website. The company focuses on reducing food loss and waste through innovative, science-based solutions to enhance the quality and extend the shelf life of fresh produce.
AgroFresh Solutions (AGFS) reported significant financial improvement in Q1 2021, with net sales rising 18.1% to $39.0 million and net income of $8.2 million, a turnaround from a loss of $3.8 million in Q1 2020. Adjusted EBITDA grew by 26.3% to $14.2 million, reflecting a margin increase to 36.3%. The company reduced debt by $9.1 million and redeemed $5.3 million of preferred equity, enhancing financial stability. Growth was also driven by strong performance in the Southern Hemisphere season and increased revenue from diversified product offerings.
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