Workflow
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 135millionvs.135 million vs. 125 million • Adjusted EBITDA1 of 15.5millionvs.15.5 million vs. 11.5 million • Operating Income of 6.1millionvs.6.1 million vs. 3.3 million • Net income ...