AgroFresh Results Presentation Deck
Second Quarter &
First Half 2022
Net sales
$m
$22
2Q21
$m
Adjusted EBITDA¹
+17.5%
$26
2Q22
2Q21
NM
$2
2Q22
$61
1H21
$15
1H21
+7.8%
$66
1H22
+15.2%
$17
1H22
Three and six months ended June 30, 2021 and 2022
(1) See GAAP to Non-GAAP schedule in appendix of this presentation for a reconciliation of
Adjusted EBITDA and constant currency net sales to their most comparable GAAP measures.
Solid Finish to the Southern
Hemisphere Season
2Q22 net sales increased 17.5%
(or 23.9% (1) on a constant currency
basis) compared to 2Q21 primarily
driven by leveraging our portfolio
of diverse solutions
1H22 net sales increased 7.8% (or
12.1% (1) on a constant currency
basis) compared to 1H21 primarily
driven by leveraging our portfolio
of diverse solutions
Strong First Half Performance
Driven by Diversification
Achieved 21%
diversification
growth in 1H22 (vs.
1H21)
All Diversification
categories generated
growth, led by
Antimicrobials and
Coatings market
penetration and
expansion in EMEA
2Q22 adjusted EBITDA increased
by $1.4 million, as compared to
$1.0 million in 2Q21 primarily due
to higher sales
Growth partially
offset by
SmartFresh for
Apple declines in
certain countries in
Latin America due
to unfavorable
weather events
Adjusted EBITDA Growth Exceeding
Sales Growth
1H22 adjusted EBITDA increased
by $2.3 million or 15.2% compared
to 1H21 due to higher sales and
lower operating expenses
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