Agtira: Another Greenfood deal to drive growth - Emergers
This is a third party research report and does not necessarily reflect our views or values
In line with its ambitious growth plan, Agtira is now expanding its engagement with grocery producer and distributor Greenfood in a SEK 285m cucumber offtake deal, contingent on Greenfood signing resale deals for 80% of the volume produced in the first five years. With the rising importance of food tech and the company’s strong momentum from 2022 carrying over into 2023, we expect a continued positive news flow and maintain our fair value range at SEK 27-34 per share, in 12-24 months.