World Grain - December 2024 - 63

AGI's earnings dip but order book growing
WINNIPEG, MANITOBA, CANADA - AGI saw earnings
and revenues drop in the third quarter ended Sept. 30 but secured
several large and new deals in the quarter that are expected
to boost Commercial results into 2025.
Revenue for the quarter dropped 13% year over year to
C$357 million ($257.7 million). Adjusted EBITDA was down
19% to C$68.5 million. AGI's order book is up 36% year over
year to C$665 million as of Sept. 30, a record level exiting
the third quarter, the company said. It includes several new
contracts in Brazil with a combined value of C$105 million.
" These contracts highlight the broadening of our capabilities
and offerings in Brazil, which includes a full scope of
Symaga supplies malt storage silos in Colombia
BARRANQUILLA, COLOMBIA - Symaga recently completed
construction of malt storage silos for AB InBev's new
brewery plant in Salamina, Colombia. The facility, located in
Barranquilla, Colombia, is in a highly corrosive environment.
To protect the malt quality, special protection was necessary.
The silos feature a lining, double wall cover, and a polyester
powder painting on both sides, providing corrosion protection
and additional insulation. Additionally, the inside has been
engineering, design, equipment supply and installation services, "
AGI said.
Challenging market conditions in the US Farm business
was offset by momentum in the Commercial segment, where
adjusted EBITDA dropped 10% to C$30.8 million. Activity
across international markets remains robust with EMEA and
APAC helping to stabilize overall third-quarter performance,
AGI said.
" We are encouraged to see sustained increases in activity
within our international markets, with meaningful contributions
across all regions and direct support from our product
transfer and emerging market growth initiatives, " AGI said.
designed with a smooth lining that enhances material flow and
ease of cleaning, for optimal storage.
The project is the latest in a long history of collaboration
between Symaga and Meura, a brewing technology provider.
Previously, Symaga had supplied 20 hopper silos for Grupo
Modelo in Apan, Mexico (2013), as well as two hopper silos
for AB InBev in Salamina, Colombia, and another six in Port
Elizabeth, South Africa (2022).
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World Grain - December 2024

Table of Contents for the Digital Edition of World Grain - December 2024

World Grain - December 2024 - Intro
World Grain - December 2024 - 1
World Grain - December 2024 - 2
World Grain - December 2024 - 3
World Grain - December 2024 - 4
World Grain - December 2024 - 5
World Grain - December 2024 - 6
World Grain - December 2024 - 7
World Grain - December 2024 - 8
World Grain - December 2024 - 9
World Grain - December 2024 - 10
World Grain - December 2024 - 11
World Grain - December 2024 - 12
World Grain - December 2024 - 13
World Grain - December 2024 - 14
World Grain - December 2024 - 15
World Grain - December 2024 - 16
World Grain - December 2024 - 17
World Grain - December 2024 - 18
World Grain - December 2024 - 19
World Grain - December 2024 - 20
World Grain - December 2024 - 21
World Grain - December 2024 - 22
World Grain - December 2024 - 23
World Grain - December 2024 - 24
World Grain - December 2024 - 25
World Grain - December 2024 - 26
World Grain - December 2024 - 27
World Grain - December 2024 - 28
World Grain - December 2024 - 29
World Grain - December 2024 - 30
World Grain - December 2024 - 31
World Grain - December 2024 - 32
World Grain - December 2024 - 33
World Grain - December 2024 - 34
World Grain - December 2024 - 35
World Grain - December 2024 - 36
World Grain - December 2024 - 37
World Grain - December 2024 - 38
World Grain - December 2024 - 39
World Grain - December 2024 - 40
World Grain - December 2024 - 41
World Grain - December 2024 - 42
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World Grain - December 2024 - 45
World Grain - December 2024 - 46
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World Grain - December 2024 - 49
World Grain - December 2024 - 50
World Grain - December 2024 - 51
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World Grain - December 2024 - 55
World Grain - December 2024 - 56
World Grain - December 2024 - 57
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World Grain - December 2024 - 60
World Grain - December 2024 - 61
World Grain - December 2024 - 62
World Grain - December 2024 - 63
World Grain - December 2024 - 64
World Grain - December 2024 - 65
World Grain - December 2024 - 66
World Grain - December 2024 - 67
World Grain - December 2024 - 68
https://digital.world-grain.com/sosland/wg/world-grain-january-2025
https://digital.world-grain.com/sosland/wg/world-grain-december-2024
https://digital.world-grain.com/sosland/wg/world-grain-november-2024
https://digital.world-grain.com/sosland/wg/world-grain-october-2024
https://digital.world-grain.com/sosland/wg/world-grain-september-2024
https://digital.world-grain.com/sosland/wg/world-grain-august-2024
https://digital.world-grain.com/sosland/wg/world-grain-july-2024
https://digital.world-grain.com/sosland/wg/world-grain-june-2024
https://digital.world-grain.com/sosland/wg/world-grain-may-2024
https://digital.world-grain.com/sosland/wg/world-grain-april-2024
https://digital.world-grain.com/sosland/wg/world-grain-march-2024
https://digital.world-grain.com/sosland/wg/world-grain-february-2024
https://digital.world-grain.com/sosland/wg/world-grain-january-2024
https://digital.world-grain.com/sosland/wg/world-grain-december-2023
https://digital.world-grain.com/sosland/wg/world-grain-november-2023
https://digital.world-grain.com/sosland/wg/world-grain-october-2023
https://digital.world-grain.com/sosland/wg/world-grain-september-2023
https://digital.world-grain.com/sosland/wg/world-grain-august-2023
https://digital.world-grain.com/sosland/wg/world-grain-july-2023
https://digital.world-grain.com/sosland/wg/world-grain-june-2023
https://digital.world-grain.com/sosland/wg/world-grain-may-2023
https://digital.world-grain.com/sosland/wg/world-grain-april-2023
https://digital.world-grain.com/sosland/wg/world-grain-march-2023
https://digital.world-grain.com/sosland/wg/world-grain-february-2023
https://digital.world-grain.com/sosland/wg/world-grain-january-2023
https://digital.world-grain.com/sosland/wg/world-grain-december-2022
https://digital.world-grain.com/sosland/wg/world-grain-november-2022
https://digital.world-grain.com/sosland/wg/world-grain-october-2022
https://digital.world-grain.com/sosland/wg/world-grain-september-2022
https://digital.world-grain.com/sosland/wg/world-grain-august-2022
https://digital.world-grain.com/sosland/wg/world-grain-july-2022
https://digital.world-grain.com/sosland/wg/world-grain-june-2022
https://digital.world-grain.com/sosland/wg/world-grain-may-2022
https://digital.world-grain.com/sosland/wg/world-grain-april-2022
https://digital.world-grain.com/sosland/wg/world-grain-march-2022
https://digital.world-grain.com/sosland/wg/world-grain-february-2022
https://digital.world-grain.com/sosland/wg/world-grain-january-2022
https://digital.world-grain.com/sosland/wg/world-grain-december-2021
https://digital.world-grain.com/sosland/wg/-world-grain-november-2021
https://digital.world-grain.com/sosland/wg/world-grain-october-2021
https://digital.world-grain.com/sosland/wg/world-grain-september-2021
https://digital.world-grain.com/sosland/wg/world-grain-august-2021
https://digital.world-grain.com/sosland/wg/world-grain-july-2021
https://digital.world-grain.com/sosland/wg/world-grain-june-2021
https://digital.world-grain.com/sosland/wg/world-grain-may-2021
https://digital.world-grain.com/sosland/wg/world-grain-april-2021
https://digital.world-grain.com/sosland/wg/world-grain-march-2021
https://digital.world-grain.com/sosland/wg/world-grain-february-2021
https://digital.world-grain.com/sosland/wg/2021_01_01
https://digital.world-grain.com/sosland/wg/2020_12_01
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http://digital.world-grain.com/sosland/wg/2015_08_01
http://digital.world-grain.com/sosland/wg/2015_07_01
http://digital.world-grain.com/sosland/wg/2015_06_01
http://digital.world-grain.com/sosland/wg/2015_05_01
https://www.nxtbook.com/sosland/wg/2015_04_01
https://www.nxtbook.com/sosland/wg/2015_03_01
https://www.nxtbook.com/sosland/wg/2015_02_01
http://digital.world-grain.com/sosland/wg/2015_01_01
http://digital.world-grain.com/sosland/wg/2014_12_15
https://www.nxtbook.com/sosland/wg/2014_12_01
https://www.nxtbook.com/sosland/wg/2014_11_01
https://www.nxtbook.com/sosland/wg/2014_10_01
https://www.nxtbook.com/sosland/wg/2014_09_01
https://www.nxtbook.com/sosland/wg/2014_08_01
https://www.nxtbook.com/sosland/wg/2014_07_01
https://www.nxtbook.com/sosland/wg/2014_06_01
https://www.nxtbook.com/sosland/wg/2014_05_01
https://www.nxtbook.com/sosland/wg/2014_04_01
https://www.nxtbook.com/sosland/wg/2014_03_01
https://www.nxtbook.com/sosland/wg/2014_02_01
https://www.nxtbook.com/sosland/wg/2014_01_01
https://www.nxtbook.com/sosland/wg/2013_12_01
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