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American Vanguard (AVD) - 2024 Q1 - Quarterly Results
AVDAmerican Vanguard (AVD)2024-05-10 20:07

Exhibit 99.1 FOR IMMEDIATE RELEASE AMERICAN VANGUARD REPORTS Q1 2024 RESULTS ADJUSTED EBITDA UP 35%, OPERATING INCOME UP 87% Newport Beach, CA – May 9, 2024 – American Vanguard Corporation (NYSE: AVD) today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights – versus First Quarter 2023: • Net sales of $135 million vs. $125 million • Adjusted EBITDA1 of $15.5 million vs. $11.5 million • Operating Income of $6.1 million vs. $3.3 million • Net income ...