AGI Q2 2026 adjusted EBITDA falls 20% as Commercial softness and weaker international results outweigh North American Farm gains, company says
Reuters2026/07/29 22:29- Ag Growth International posted Q2 2026 revenue of CAD 323.18 million, down 7%, citing Commercial softness and weaker International results.
- Adjusted EBITDA fell 20% to CAD 43.28 million; margin slipped to 13.4% from 15.6% as Commercial profitability deteriorated.
- Farm revenue rose 10% to CAD 139.73 million; North America demand improved modestly, while International Farm revenue dropped 39%.
- Commercial revenue declined 17% to CAD 183.45 million; North America volumes fell, while EMEA and Asia Pacific weakened on fewer large projects.
- Order book was CAD 516.01 million at June 30, 2026, down 22%, with the decline concentrated in Commercial as Brazil shifted away from comprehensive projects.
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