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American Vanguard Corporation reports on its specialty agriculture and related product portfolio, including crop protection and management, turf and ornamentals management, public health, animal health and commercial pest control. The company develops, manufactures and markets synthetic, biological and biorational products, with a global registration base built through product and business acquisitions.
Recurring news for American Vanguard includes quarterly and annual earnings, product and margin commentary, manufacturing optimization, North American commercial execution, capital-structure actions and credit-facility updates. Company updates also discuss operating initiatives tied to working capital, debt reduction, manufacturing footprint and the organization of its crop and specialty businesses.
American Vanguard Corporation (NYSE: AVD) will report its fourth-quarter and full-year financial results for the period ended December 31, 2021, on Tuesday, March 8, 2022, after market close. A conference call with key executives, including CEO Eric Wintemute, COO Bob Trogele, and CFO David T. Johnson, will take place at 4:30 PM ET to discuss operating performance and results. Interested participants can join via phone or listen to a live webcast on the company's website.
American Vanguard Corporation (NYSE:AVD) announced a cash dividend of $0.02 per share, payable on January 10, 2022, to shareholders on record as of December 27, 2021. This decision reflects the Board's confidence in the company's operational strength and ongoing growth initiatives, particularly in Green Solutions and SIMPAS/Ultimus technologies. In 2021, the company paid a total of $0.08 in dividends, showing a commitment to returning value to shareholders.
American Vanguard Corporation (NYSE:AVD) reported strong financial results for Q3 and the first nine months of fiscal 2021. Net sales rose 25% to $147 million in Q3 and $398 million for nine months, compared to $117 million and $318 million in 2020, respectively. Net income surged 88% to $5.5 million in Q3 and 87% to $13.7 million year-to-date. Earnings per share increased to $0.18 from $0.10 in Q3 and to $0.45 from $0.25 for nine months. The CEO attributed growth to strong crop commodity prices, favorable weather, and strategic initiatives, with expectations of continued strong performance.
American Vanguard Corporation (NYSE: AVD) will announce its third-quarter financial results for 2021 on November 8, after market close. A conference call led by CEO Eric Wintemute, COO Bob Trogele, and CFO David T. Johnson will follow at 4:30 PM ET. This call will focus on operational performance and financial results. Interested participants can join by calling 201-493-6744. The call will also be webcast live on the company’s website, with an archive available afterward.
American Vanguard Corporation (NYSE: AVD) announced the resignation of Lawrence S. Clark from its board of directors after 15 years, effective December 9, 2021. Marisol Angelini has been appointed to fill the vacancy, bringing over 22 years of experience from The Coca-Cola Company in various leadership roles, including VP Marketing in Brazil and Chief Marketing Officer in Mexico. Angelini's expertise is expected to enhance American Vanguard’s marketing and global commercialization strategies.
American Vanguard Corp. (NYSE:AVD) has declared a $0.02 cash dividend, payable on October 15, 2021, to shareholders on record as of October 1, 2021. This dividend reflects the company's strong operational performance and ongoing commitment to returning value to shareholders. In 2021, the total cash dividend payments will amount to $0.08, up from $0.04 in 2020. The company remains focused on strategic growth areas including biological product development and geographic expansion.
American Vanguard Corporation (NYSE: AVD) announced a share repurchase program to buy back up to 300,000 shares over the next six months. This initiative aims to offset the increase in outstanding shares due to employee equity awards, aligning workforce interests with shareholder value. CEO Eric Wintemute expressed confidence in the company’s strategic growth, particularly in Green Solutions and precision application technologies. The repurchase reflects the Board's commitment to enhancing shareholder value and its belief in the company's long-term success.
American Vanguard Corporation (NYSE:AVD) reported significant financial growth for the second quarter and first half of 2021 compared to 2020. Net sales surged by 29% to $135 million in Q2 2021, and 25% to $251 million for mid-year. Net income climbed 32% to $5.1 million in Q2 and 86% to $8.2 million for the first half. The company successfully integrated its non-crop business and acquired AgNova, boosting Australian sales. A new $275 million Credit Facility was established to support growth. The company expects low double-digit revenue growth for 2021.
American Vanguard Corporation (NYSE: AVD) will report its financial results for Q2 ended June 30, 2021, on August 9, 2021, after market close. A conference call will be held at 4:30 PM ET, featuring Eric Wintemute (Chairman & CEO), Bob Trogele (COO), and David T. Johnson (CFO). Participants can join by calling 201-493-6744, and the call will also be available via live webcast on the company's website. American Vanguard specializes in crop protection, turf management, and public health products, and is listed on Russell 2000, Russell 3000, and S&P Small Cap 600 indexes.
American Vanguard Corp. (NYSE:AVD) reported the results of its Annual Meeting of Stockholders held on June 2, 2021. All measures on the ballot were approved, leading to the re-election of nine directors, including Scott D. Baskin and Lawrence S. Clark, until the next annual meeting. Additionally, BDO USA, LLP was ratified as the company’s independent registered public accounting firm for 2021. The executive compensation policies outlined in the 2021 proxy were also approved, signifying shareholder confidence in current governance.