Ag Growth International Inc. · TSX:AFN
Ag Growth International — Investor Presentation (May 2019)
32 slides from Ag Growth International's investor presentation, May 2019
Slide 1: Investor Presentation May 2019: Growth, By Design
INVESTOR PRESENTATION MAY 2019 1 GROWTH, BY DESIGN.
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT Certain statements contained herein constitute forward-looking statements that reflect our expectations regarding the future growth, results of operations, performance, business prospects, and opportunities of the Company. Forward- looking statements may contain such words as
Slide 3: We Supply the World's Food Infrastructure
WE SUPPLY THE WORLD’S FOOD INFRASTRUCTURE 3
Slide 4: AGI Overview
AGI OVERVIEW $ THE AGI LEADING BRANDS FINANCIAL OUR GROWTH INNOVATION ADVANTAGE & OPERATIONS STRENGTH STRATEGY & FUTURE ▪ System Solutions ▪ Market leading ▪ $1.0 billion ▪ 5-6-7 Strategy ▪ Positive market ▪ Platform perspective brands market cap ▪ Diversification via outlook ▪ Farm + Commercial ▪ 3
Slide 5: Strategy
AGI 325, STRUCTURES, HANDLING. PROCESS CONTROLS ENGINEERING
Slide 6: Strategic Growth
STRATEGIC GROWTH 2019 2018 2017 2016 2015 2014 2011 2010 2007 2006 2005 2004 2000 1998 1997 1996 IMPROTECH | INTELLIFARMS | MILLTEC CMc | JUNGE CONTROL | DANMARE | SABE MFS | YORK | STORMOR | BROWNIE | HUTCHINSON | MAYRATH | NECO | SENTINEL AGI BRASIL | NUVISION | MIMS | YARGUS WESTEEL | PTM | FRAME
Slide 7: Global Presence
GLOBAL PRESENCE AGI RUSSIA AGLUKRAINE ~ id SLA ‘y mired ; ; ‘ <—) AGI SEA EB 2019 Acquisitions ; é Ph 2018 Acquisitions \ ag eRasiLe . (BB 2017 Acquisitions 1 ae AGI AFRICA $ AGI AUSTRALIA | 2016 Acquisitions / \ _ Hi Manufacturing Facility { e Warehouse/Sales
Slide 8: Our Solutions Are Not 'On the Field'
OUR SOLUTIONS ARE 8 NOT ‘ON THE FIELD’.
Slide 9: We Connect the World to the Field
p Do \ ie Nive / : * = r At = a ( ¥ 4 <= . i 4 A Se hyde ia a Shite | * tei S ; Re bit feb ‘SE 2 eS (| | ean a WE CONNECT THE WORLD 10 ‘HE FIELD.
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Slide 14: 1m a= anrwwat® Tm
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Slide 19: Not What We're Not: Corn Year Pricing Trend
WHAT WE’RE NOT CORN 10 YEAR PRICING TREND USD 19
Slide 20: Consumption
CONSUMPTION 20
Slide 21: Consumption
CONSUMPTION 8 BILLION 1 BILLION 27 BILLION 50 BILLION TONNES 21
Slide 22: Feed Consumption to Protein
CONSUMPTION 5 TO 12 1 POUNDS POUND FEED PROTEIN 22
Slide 23: Communication: Digital Tools Driving Excellent Customer Experiences
COMMUNICATION DIGITAL TOOLS DRIVING EXCELLENT CUSTOMER EXPERIENCES 23
Slide 24: Recent Acquisitions: Milltec Machinery
RECENT ACQUISITIONS Milltec Machinery ▪ Headquartered in Bangalore, India, with three manufacturing facilities in Bangalore, and one in Chennai ▪ Manufacture a full line of rice milling and processing equipment with turnkey solutions ▪ Strong focus on engineering, design, and R&D ▪ Existing manageme
Slide 25: Milltec Rice Processing Equipment
Paddy Pre Cleaner Par Boiler Classifier De Stoner Pneumatic Sheller Length Grader Silky Polisher Rice Whitener Thickness Grader Tray Separator 25 Color Sorter Packaging
Slide 26: Recent Acquisitions: IntelliFarms
RECENT ACQUISITIONS IntelliFarms ▪ Headquartered in Archie, Missouri ▪ Provider of hardware and software solutions that benefit grain growers and processors ▪ BinManager product is a leading grain storage management solution using advanced sensors, cables, and controls to maintain stored grain in id
Slide 27: CashBidManager Dashboard
Bang aM My Dashboard Ag Growth international (12233) CashBidManager on 00 Com §CASHBIDMANAGER SEMEN Optimizing - Farm Location CONNECTIONS Trusted Advisers Connect seep ae é i Corn - $3.50 / Bushel MechineManager oil } Best Closest Highest Price oo ay $3.50@Agrex $3.31 @Central_ $3.50 @ Agrex sion a
Slide 28: Annual Trade Sales and Adjusted EBITDA
ANNUAL TRADE SALES AND ADJUSTED EBITDA $934 $750 $547 $410 $439 $358 2013 2014 2015 2016 2017 2018 $148 $122 $100 $78.2 $73 $64.3 18% 19% 17% 18% 16% 16% 2013 2014 2015 2016 2017 2018 28
Slide 29: Q1 2019: Building on the Momentum
Q1 2019: BUILDING ON THE MOMENTUM $214 $216 $155 $114 $87 $216 MILLION Q1 2015 Q1 2016 Q1 2017 Q1 2018 Q1 2019 $31 $31 $26 $20 $17 $31 MILLION $19 MILLION Q1 2015 Q1 2016 Q1 2017 Q1 2018 Q1 2019 29
Slide 30: Payout Ratio and Leverage
PAYOUT RATIO AND LEVERAGE Payout Ratio TOTAL x 50% 44% SENIOR x LTM Mar 31 2018 LTM Mar 31 2019 Note: Leverage ratios are adjusted for the redemption of the $52M 30 debenture in April 2019 and the pro forma contribution of Milltec
Slide 31: 2019 Outlook
2019 OUTLOOK Canadian Farm Market U.S. Farm Market Crop Volumes North American International Commercial Business Commercial Business 31
Slide 32: AGI aggrowth.com
AGI AGGROWTH.COM @AgGrowthIntl
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