Welcome to our dedicated page for American Vanguard news (Ticker: AVD), a resource for investors and traders seeking the latest updates and insights on American Vanguard stock.
American Vanguard Corporation (AVD) specializes in developing agricultural and specialty chemical solutions for crop protection and health applications. This page serves as the definitive source for all official news and press releases related to the company’s operations, financial performance, and market developments.
Investors and stakeholders will find timely updates including earnings reports, product launch announcements, strategic partnerships, and regulatory milestones. Our curated collection ensures access to primary-source information critical for informed decision-making, with content verified for accuracy and relevance.
Regular updates cover AVD’s innovations in chemical formulations, distribution network expansions, and sustainability initiatives within the agrochemical sector. Bookmark this page to monitor the company’s progress in addressing evolving agricultural challenges through science-driven solutions.
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American Vanguard Corporation (AVD) reports a strong financial performance for the fourth quarter and full year 2023, with net sales of $172.2 million and $579 million, respectively. Adjusted EBITDA for Q4 was $21 million, showing a significant increase from $12 million in 2022. The company aims for a transformation target of $15 million additional adjusted EBITDA by 2026 through various business initiatives.
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American Vanguard Corporation (AVD) will report Q4 financial results on March 14, 2024, with a conference call led by CEO Eric Wintemute and CFO David T. Johnson. Interested parties can join via phone or webcast.
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American Vanguard Corporation (AVD) declares a cash dividend of $0.03 per share for shareholders of record as of March 27, 2024. The dividend reflects the company's confidence in its core business, financial strength, and growth initiatives.
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American Vanguard Corporation (AVD) announced the retirement of Mort Erlich from the board of directors and the appointment of Steven Macicek as the new Chair of the Audit Committee. Mr. Erlich, with a background in KPMG LLP, served for 11 years, while Mr. Macicek, from Ernst & Young, brings extensive experience in governance and business advisory to guide the company's next phase of development.
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American Vanguard Corporation (AVD) announced its preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023. The company reported that it ended the quarter and the year broadly in line with its targets for 2023 and is reiterating its 2024 expectations. The company also strengthened its balance sheet with debt reduction fueled by higher sales, inventory reductions, and customer pre-payments. The delivery of the stronger balance sheet has put the company in a strong position to meet its debt-to-EBITDA target of approximately 2.75X. Additionally, the company's business and digital transformation initiatives are underway, which are expected to lead to improved operating leverage and a more efficient platform for growth.
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American Vanguard Corporation (AVD) has announced a conference call to discuss preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023, as well as 2024 Financial Targets and an update on their Transformation Project. The call will be conducted by key executives and will be available for participation via phone or live webcast.
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American Vanguard Corporation (AVD) declared a cash dividend of $0.03 per share for shareholders of record as of December 29, 2023, continuing its practice of providing cash returns to shareholders. The company's Chairman and CEO, Eric W. Wintemute, expressed strong belief in the company's value, future growth, and profitability. AVD's annual cash dividend payments have shown a positive trend, with a consistent increase over the years.
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American Vanguard Corporation (NYSE: AVD) has appointed Don Gualdoni as the Chief Transformation Officer to lead the implementation of a three-pronged plan aimed at improving operating leverage, aligning people and processes, and enhancing profit. The plan includes identifying $15 million in operating profit and interest savings, working on digital transformation with QAD and Kearney, and launching an organizational transformation. Gualdoni's extensive experience in leadership roles and corporate system optimizations makes him ideally suited for this role.
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American Vanguard Company (NYSE: AVD) announced that OHP Inc. has become the master distributor in U.S. non-crop markets of biological technologies developed by Certis Biologicals. This strategic agreement enhances American Vanguard’s GreenSolutions portfolio and is aligned with AMGUARD’s strategy to provide best-in-class technologies and market access. OHP will have exclusive access to Certis’ pipeline of new technologies for non-crop markets, including BotaniGard and Mycotrol products.
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American Vanguard Corporation (NYSE: AVD) announces Q3 sales in line with prior year, transformation plan for future growth, and rebound expected in Q4. CEO Eric Wintemute highlights flat quarterly sales despite global destocking.
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American Vanguard Corp
NYSE:AVD
AVD Rankings
AVD Stock Data
109.39M
25.72M
9.37%
75.84%
3.55%
Agricultural Inputs
Agricultural Chemicals
United States
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