Ag Growth Overcomes Weather, Currency Issues to Post Solid Earnings

Despite the strong Canadian dollar and incessant rains that delayed, and, in some cases, canceled planting in Western Canada, Ag Growth International Inc. (TSX: AFN) reported earnings on par with highs achieved during the previous year.

The Winnipeg-based manufacturer of portable and stationary grain handling, storage and conditioning equipment reported on August 11 that sales and EBITDA for the 3- and 6-month periods ended June 30 approximated the record levels established in 2009 despite the…

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