AgroFresh Results Presentation Deck slide image

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 4 AgroFresh
View entire presentation