BRIEF-AGT Food and Ingredients announces Q4 results, expansions at Minot Ingredient facility

Mon Mar 21, 2016 5:43pm EDT
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March 21 (Reuters) - AGT Food And Ingredients Inc :

* AGT Food and Ingredients Inc. announces fourth quarter and full year 2015 results, dividend and expansions at Minot Ingredient facility

* Addition of production capacity at Minot for increased fibre processing,granulated pulse flour production, to commence installation in June 2016

* Addition of production line four to increase overall production capacity, planned to commence installation in Q3 2016

* Examining feasibility of adding pulse flour and fibre processing capacity in Turkey

* Adjusted EBITDA was $32.9 million for unaudited 3 months ended Dec 31, 2015 , an increase of 34.8% over $24.4 million

* Both production lines at Minot Ingredient facility are expected to be commissioned by Q1 of 2017 Source text for Eikon: Further company coverage: