Citi Downgrades AgroFresh Solutions (AGFS) to Neutral
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AgroFresh Solutions Reports Results for Third Quarter and First Nine Months of 2016
November 9, 2016 6:00 AM ESTPHILADELPHIA, Nov. 9, 2016 /PRNewswire/ -- AgroFresh Solutions, Inc. ("AgroFresh" or the "Company") (NASDAQ: AGFS), a global leader in produce freshness solutions, announced financial results for the third quarter and nine months ended September 30, 2016. AgroFresh became a stand-alone company upon the closing of a transaction with The Dow Chemical Company ("Dow") on July 31, 2015 (the "Business Combination"). AgroFresh is in the business of preserving and enhancing the quality and freshness of food, reducing food waste and improving productivity.
Jordi Ferre-CEO commented, "Our third-quarter performance was mixed in the face a smaller than forecasted apple... More