News & Videos - ARGAN - English

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors (the “Board”) approved an increase to the Company’s existing share repurchase program from $125 million to $150 million and declared a regular quarterly cash dividend in the amount of $0.375 per common share, payable on April 30, 2025 to stockholders of record at the close of business on April 22, 2025. "Expanding our share repurchase program reflects the Board’s confidence in Argan’s...

Press release – Neuilly-sur-Seine, Thursday, April 10, 2025 – 5.45 pm ARGAN signed a new lease to develop its 15 th Aut0nom® warehouse A few days after inaugurating a new Aut0nom® warehouse in the European metropolitan area of Metz, ARGAN just signed a new lease in future state of completion for the development of a new Aut0nom® asset of 18,300 sq.m in the city of Louailles (72), between Le Mans and Angers, along the A11 French highway. Works for this new project will start at the end of...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announced today the appointment of Lisa Larroque Alexander to its Board of Directors. Ms. Alexander serves as Senior Vice President at Sempra (NYSE: SRE), a leading energy infrastructure company with a $43 billion market capitalization and a workforce of 22,000. She leads global corporate affairs and enterprise human resources, overseeing public policy, stakeholder engagement, talent development, pensions and trusts, and corporate...

Press release – Neuilly-sur-Seine, Tuesday, April 8, 2025 – 5.45 pm 2025 ESG Report: CO 2 emissions linked to energy consumption in our warehouses decreased by -25% over 2 years ARGAN, the only listed French real estate company specializing in the DEVELOPMENT and RENTAL of PREMIUM WAREHOUSES, published its 2025 ESG report including solid achievements for the second year of its 2023-2030 roadmap, on all 3 pillars. Accelerating on achievements ARGAN continued to deploy its extra-financial...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its wholly owned subsidiary, Gemma Power Systems (“Gemma”), received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) of Rockdale, Texas, for a 1.2 GW ultra-efficient natural gas-fired plant in Lee County, Texas. This project has now been added to the Company’s project backlog and...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its fourth quarter and fiscal year ended January 31, 2025. The Company will host an investor conference call today, March 27, 2025, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data) January 31, For the Quarter Ended: 2025 2024 Change Revenues $ 232,474 $ 164,554 $ 67,920 Gross profit 47,613 23,633 23,980 Gross margin % 20.5 % 14.4 % 6.1 % Net income $ 31,369 $...

Press release – Neuilly-sur-Seine, Tuesday, March 18, 2025 - 5.45 pm Full speed towards portfolio decarbonization : AN AMBITION WITH ACTUAL RESULTS In 2023, ARGAN published an ambitious decarbonization strategy on all three scopes of its carbon footprint with a priority effort on CO 2 emissions linked to the use of its warehouses. Our target: reduce our emissions by 50% from 25,000 T in 2022 down to 12,500 T in 2030. An ambitious path with already actual results two years after the start of...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its fourth quarter and fiscal year-end 2025 financial results after the market closes on Thursday, March 27, 2025. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, March 27, 2025 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link . To access the call by phone, participants can use the following dial-in...

Press release – Neuilly-sur-Seine, Wednesday, March 12, 2025 – 5.45pm 2024 Universal Registration Document made available in English ARGAN informs the public that the 2024 Universal Registration Document, previously filed in French on Friday, February 21 st , with the French financial markets authority (AMF) under number D.25-0054, is now available in its English translation. This English version of the Universal Registration Document is thus available on the company's website (www.argan.fr)...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that it has moved its corporate headquarters to Arlington, Virginia. The new location at Two Liberty Center, 4075 Wilson Boulevard, Suite 440, is just minutes from the nation’s capital, and provides convenient access for customers, investors and employees, as well as proximity to a variety of restaurants, hotels and other amenities, most within walking distance from the new office. Argan’s new corporate headquarters...

Press release – Neuilly-sur-Seine, Tuesday, February 25, 2025 – 5.45pm Information regarding the total number of voting rights and shares composing the share capital on February 10, 2025 On February 10, 2025, the day we released our notice of meeting ahead of our Combined General Meeting of Shareholders – to be held on March 20, 2025 – the total number of voting rights and shares composing ARGAN’s share capital was as follows: February 10, 2025 Total number of shares in the share...

Documents made available – Neuilly-sur-Seine, Monday, February 24, 2025 – 5.45pm ARGAN's 2024 Universal Registration Document made available Argan informs the public that the 2024 Universal Registration Document was filed on Friday, February 21, with the French financial markets authority (AMF) under number D.25-0054. The French version of the Universal Registration Document is thus available on the company's website (www.argan.fr) under the heading Investor Relations / Regulated Information...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) is pleased to announce the appointment of Brian Orlandi as the Chief Executive Officer of its subsidiary, SMC Infrastructure Solutions (“SMCiS”). Brian Orlandi brings a wealth of experience and a proven track record in the infrastructure and construction sectors, making him the ideal leader to guide SMCiS into its next phase of growth and innovation. With over 25 years of industry experience, Mr. Orlandi has demonstrated exceptional...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its wholly owned subsidiary, Gemma Power Systems (“Gemma”), entered into an engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) of Rockdale, Texas, for a 1.2 GW ultra-efficient natural gas-fired plant in Lee County, Texas. The plant will be developed and owned by a SLEC subsidiary and will be capable of supplying power to 800,000 homes within...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.375 per common share. The dividend will be payable on January 31, 2025 to stockholders of record at the close of business on January 23, 2025. David Watson, President and Chief Executive Officer of Argan, commented, “We are pleased to declare a regular quarterly cash dividend of $0.375 per common share. We remain confident in our...

Press release – Neuilly-sur-Seine, Wednesday, December 11, 2024 – 5.45 pm Mr. Éric Donnet is appointed at the Supervisory Board of ARGAN Upon proposal of the Nominations and Remuneration Committee, ARGAN’s Supervisory Board, which met on December 10, 2024, has unanimously decided to appoint Mr. Éric DONNET as an independent member of the Supervisory Board, upon this day. Mr. Éric DONNET graduated from the ICN ( Institut Commercial de Nancy ) and holds a DESCF (French master’s degree...

Press release – Neuilly-sur-Seine, Tuesday, December 10, 2024 – 5.45 pm Full speed towards debt reduction! LTV below the 40% threshold by the end of 2025 (vs. 50% end of 2023) Net debt to EBITDA of 8X by the end of 2025 (vs. 11X end of 2023) As early as 2023, ARGAN presented a roadmap to combine growth and debt reduction. Today, ARGAN confirmed this commitment. This strategy is built around three pillars : a strongly cash generating growth thanks to a solid business model , the repayment of...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces financial results for its third quarter of fiscal year 2025 ended October 31, 2024. The Company will host an investor conference call today, December 5, 2024, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data) October 31, For the Quarter Ended: 2024 2023 Change Revenues $ 257,008 $ 163,755 $ 93,253 Gross profit 44,327 19,235 25,092 Gross margin % 17.2 % 11.7 % 5.5 % Net income $...

Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its third quarter fiscal 2025 financial results after the market closes on Thursday, December 5, 2024. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, December 5, 2024 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link . To access the call by phone, participants can use the following dial-in information:...

Press release – Neuilly-sur-Seine, Tuesday, October 29, 2024 – 7.45 am ARGAN completed its Bolbec logistics parc (Normandy), close to Le Havre, by delivering a second platform of 15,200 sq.m for a total built area of 30,000 sq.m ARGAN pursued its strong development momentum in the Normandy region with the delivery of a new site of 15,200 sq.m in Bolbec. This is the second building developed by ARGAN in the business area ( zone d’activité ) of Bolbec St Jean, two years after it delivered a...