date:May 19, 2016
AgroFresh Solutions Inc. remains heavily reliant on the global apple harvest and its core SmartFresh product, which keeps fruit fresh longer during storage and transportation, and that exposure has hurt the company in recent quarters. Its first-quarter 2016 results were disappointing, but management outlined steps to improve overall performance in the future.
Following a fourth quarter adversely affected by a weaker-than-expected Northern Hemisphere apple harvest, the first quarter was hit by a