Ag Growth International Inc. · TSX:AFN
Ag Growth International — Shareholder Meeting (May 2020)
31 slides from Ag Growth International's shareholder meeting presentation, May 19, 2020
Slide 1: Annual General Meeting of Shareholders
ANNUAL GENERAL MEETING OF SHAREHOLDERS May 19, 2020 Bill Lambert – Chair, AGI Board of Directors
Slide 2: Annual General Meeting of Shareholders
ANNUAL GENERAL MEETING OF SHAREHOLDERS May 19, 2020 Tim Close, President & CEO, AGI
Slide 3: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation contains forward-looking statements and information (collectively, "forward-looking information") within the meaning of applicable securities laws that reflect our expectations regarding the future growth, results of operations, performance, business prospects
Slide 4: Slide 4
Slide 5: See
——— ft See
Slide 6: What Defined AGI 1.0
WHAT DEFINED AGI 1.0 THE TRANSFORMATION OF AGI WAS DRIVEN BY AN URGENCY TO GAIN SCALE & DIVERSIFICATION AND DELIVER MARKET LEADING CUSTOMER-FOCUSED SOLUTIONS.
Slide 7: Strategy 1.0 2018: Platforms, Continents, Components
1.0 2018 5 PLATFORMS 5-6-7 STRATEGY 6 CONTINENTS 7 COMPONENTS
Slide 8: Technology Platform Manufacturing
1.0 2019 TECHNOLOGY PLATFORM MANUFACTURING AUTOMATION MARKET EXPANSION CORPORATE TECHNOLOGY TEAM CORPORATE WEBSITE
Slide 9: Milltec India
1.0 2019 MILLTEC INDIA
Slide 10: Brazil
1.0 2019 BRAZIL
Slide 11: Italy
1.0 2019 ITALY
Slide 12: YY V/s
YY V/s eA/idtdladth = ig ane AGIE MES.
Slide 13: Intellifarms
INTELLIFARMS" (© compass cy FARMOBILE’ 146 Taig one para
Slide 14: 2019 Headwinds
2019 HEADWINDS 2019 FLOODING EARLY WINTER TRADE TENSION
Slide 15: Resilience. Our Results: 2019
RESILIENCE. OUR RESULTS: 2019 TRADE SALES ADJUSTED EBITDA ($MM) ($MM) $999.9 $934.1 $148.2 $144.3 $750.3 $121.8 $546.6 $100.3 $438.9 $73.3 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
Slide 16: Resilience. Our Results: 2019
RESILIENCE. OUR RESULTS: 2019 TRADE SALES $999.9 ($MM) $934.1 $750.3 34.0% 34.7% $546.6 31.6% 31.2% 31.1% $438.9 Gross Margin % 18.3% 2015 2016 2017 2018 2019 16.7% 16.2% 15.9% 14.4% ADJUSTED EBITDA $148.2 $144.3 ($MM) Adj. EBITDA Margin % $121.8 $100.3 $73.3 2015 2016 2017 2018 2019 2015 2016 2017
Slide 17: Strategic Projects 2020
STRATEGIC PROJECTS 2020 MARKETING & ENGINEERING AGGROWTH.COM MANAGE TOOLS EXPANSION SUBSCRIPTION MODEL DEALER PORTAL C1
Slide 18: Preparation with Progress
PREPARATION 1 2020 WITH PROGRESS “Prepare for the worst. Focus on strategic projects” COVID-19
Slide 19: Essential Services
2020 ESSENTIAL SERVICES 2 COVID-19 “Policies and procedures focused on the safety of our team. Deliver the actions to create confidence.”
Slide 20: Liquidity & Banking
2020 COVID-19 LIQUIDITY & BANKING 3 “Capex, expenses, credit management & dividend reduction”
Slide 21: Fundamentals
FUNDAMENTALS Overall backlog up 9% year-over-year FARM COMMERCIAL COMMERCIAL TECHNOLOGY NORTH AMERICA INTERNATIONAL • Expect robust • Backlogs remain • Global trade disputes • AGI SureTrack sales up demand for Farm stable YOY and COVID impacting 80%+ YOY, version 2.0 products in 2020 project timing
Slide 22: Resilience. Our Results: Q1 2020
RESILIENCE. OUR RESULTS: Q1 2020 TRADE SALES $228.9 ADJUSTED EBITDA ($MM) $214.1 $216.2 ($MM) $30.7 $30.6 $154.7 $25.7 $25.7 $113.7 $19.8 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020
Slide 23: Resilience. Our Results: Q1 2020
RESILIENCE. OUR RESULTS: $216.2 $228.9 Q1 2020 TRADE SALES $214.1 ($MM) 36.8% $154.7 35.0% $113.7 32.5% 31.2% 31.3% Gross Margin % 17.4% 16.6% 2016 2017 2018 2019 2020 14.3% 14.2% ADJUSTED EBITDA 11.2% ($MM) $30.7 $30.6 $25.7 $25.7 Adj. EBITDA Margin % $19.8 2016 2017 2018 2019 2020 2016 2017 2018 2
Slide 24: Slide 24
Slide 25: Enhanced Customer Experience
2020 DEEP INTEGRATION OF: PRODUCT MANAGEMENT DESIGN & ENGINEERING SERVICES ENHANCED 2.0 CUSTOMER DATA EXPERIENCE MANAGEMENT AUTOMATION SALES & CONFIGURATION TOOLS THE NEXT PHASE OF OUR PROGRESS
Slide 26: Lane #2 Future
Exeeuccere? LANE #2 "FUTURE" 106"
Slide 27: Complete Food Infrastructure Perspective
COMPLETE FOOD INFRASTRUCTURE 2020 PERSPECTIVE 2.0 2.0 CUSTOMERS
Slide 28: AGI SureTrackFarm & Traceability
jelds Dashboard | Duncan Fe + @ beta.suretrackfarm.com/platform/a AGI™ SURETRACKFARM & TRACEABILITY 2020| Corn -AGRIGOLO #147 CONV ime77 ‘app evenr PRACTICE Tranetona! TILL: Convention" SEED seLecrion eld ictory (tats) iets File Activity Plan ‘EVENT PLANS CROP PLANS commodity Corn Claes Conventional
Slide 29: AGI Dealer, Ag Retailer, Grain Buyer, Food Processing, Grower
AGI DEALER AG RETAILER GRAIN BUYER FOOD PROCESSING GROWER 29
Slide 30: Resilience. Performance. Our AGI Team.
RESILIANCE. PERFORMANCE. OUR AGI TEAM.
Slide 31: Thank You
THANK YOU a
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