American Vanguard Corp. (N:AVD)

Sector:  Basic Materials Industry:  Agricultural Chemicals
 
See Regulatory Filings on SEC
Company Contact
Address: 4695 Macarthur Ct
NEWPORT BEACH CA 92660-1882
Tel: 1-949-2601200
Website: https://www.american-vanguard.com
IR: See website
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Key People
Eric G. Wintemute
Chairman of the Board, Chief Executive Officer
David T. Johnson
Chief Financial Officer, Vice President, Treasurer
Ulrich G. Trogele
Executive Vice President, Chief Operating Officer of AMVAC Chemical Corporation
Anthony S. Hendrix
Senior Vice President - Crop Sales, U.S. and Canada
Shirin Khosravi
Senior Vice President of Human Resources
Timothy J. Donnelly
Chief Administrative Officer, General Counsel, Secretary
Peter E. Eilers
Managing Director of AMVAC Netherlands BV
Don Gualdoni
Chief Transformation Officer
 
Business Overview
American Vanguard Corporation is a diversified specialty and agricultural products company. The Company develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. The Company conducts its business through its operating subsidiaries, including AMVAC Chemical Corporation (AMVAC) for its domestic business and AMVAC Netherlands BV (AMVAC BV) for its international business. AMVAC manufactures chemical, biological and biorational products that develop and markets solutions for agricultural, commercial and consumer uses. Its products include insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals, and are marketed in liquid, powder, and granular forms. AMVAC BV sells products both directly and through its network of subsidiaries in various international territories. It also manufactures microbial cleaning products, BioMop-Plus and DrainGel.
Financial Overview
For the fiscal year ended 31 December 2023, American Vanguard Corp. revenues decreased 5% to $579.4M. Net income decreased 73% to $7.5M. Revenues reflect United States segment decrease of 6% to $344.5M, International segment decrease of 4% to $234.9M. Net income also reflects Interest Expense, net - Balancing value increase from $4.3M to $13.2M (expense), Research, product development increase of 20% to $38M (expense).
Employees: 845 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $462.95M as of Dec 31, 2023
Annual revenue (TTM): $579.37M as of Dec 31, 2023
EBITDA (TTM): $46.03M as of Dec 31, 2023
Net annual income (TTM): $7.52M as of Dec 31, 2023
Free cash flow (TTM): -$74.20M as of Dec 31, 2023
Net Debt Last Fiscal Year: $127.48M as of Dec 31, 2023
Shares outstanding: 28,795,082 as of Mar 5, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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