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Agtira: Another grocery giant in the books - Emergers

With a newly signed LOI for an Agtira Greens with Coop Nord, part of Sweden’s second largest grocery group, Agtira can add another grocery giant to the order book. With multiple deliveries on their way to ICA and a high-value LOI signed with Greenfood earlier this year, the Agtira Farming-as-a-Service business model is starting to unfold and rollout is going according to plan. The stage is now set for further expansion, with details about a long-term financing solution and new deals as the main triggers for a revaluation, and we continue to see support for a fair value of SEK 32-46 per share in 12-24 months.

With a newly signed LOI for an Agtira Greens with Coop Nord, part of Sweden’s second largest grocery group, Agtira can add another grocery giant to the order book. With multiple deliveries on their way to ICA and a high-value LOI signed with Greenfood earlier this year, the Agtira Farming-as-a-Service business model is starting to unfold and rollout is going according to plan. The stage is now set for further expansion, with details about a long-term financing solution and new deals as the main triggers for a revaluation, and we continue to see support for a fair value of SEK 32-46 per share in 12-24 months.
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