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2017年3月6日新闻稿

美国的先锋队公布第四季度及全2016年结果
全年收入增长8%,利润增长94%

纽波特海滩,加利福尼亚 - 2017年3月6日 - 美国先锋公司(NYSE:AVD)今天发布了第四季度及全年截至2016年12月31日的财务业绩。

Fiscal 2016 Fourth Quarter Financial Highlights – versus Fiscal 2015 Fourth Quarter:
• Net sales were $87.5 million in Q4 2016 compared to $83.8 million in Q4 2015.
• Net income was $3.9 million in Q4 2016 compared to $3.0 million in Q4 2015.
•每股摊薄收益为$ 0.13 Q4 2016相比,$ 0.10 2015年第四季度。

Fiscal 2016 Financial Highlights – versus Fiscal 2015:
• Net sales were $312.1 million in FY 2016 compared to $289.4 million in FY 2015.
•净收入为FY在$ 2016亿12.8相比,在2015年财政年度$ 6.6亿。
•每股摊薄收益在2016财年为$ 0.44为$ 0.23 FY 2015年。

注:进一步详情附于本新闻稿所附财务安排可用

埃里克Wintemute,主席和美国先锋公司的首席执行官表示:“我们在2016年改进的性能反映了一个坚实的基础业务和纪律管理尽管行业形势,低作物大宗商品价格持续造成的所有作物投入谨慎的采购,包括作物保护产品。在2016年我们这个行业的收入公布,平均,大约低于上年同期的7%。相反,通过以下的系统降低库存,以满足真实需求,维护品牌价值,并优化我们的成本结构实践,在过去的一年美国的先锋队,已经能够产生94%的盈利增长8%的收入会增加。”

Wintemute先生继续说:“我们继续看到我们的许多产品在国内和国外的需求稳定。在2016年收入增长是由我们的除草剂产品,并通过我们的宝贵的非作物组合主要驱动。此外,我们扩大了我们的是零售计划的国内市场准入,促进了国际区和美国大豆市场的几个新产品。此外,我们的运营团队继续控制制造成本,我们已经超出了我们的库存削减目标为1.21亿$年终水平。完善的销售,营业收入和营运资金管理,使我们在过去的2年产生的现金$ 1.25亿美元。我们改善现金流使我们对我们的债务减少300万$ 41增加了我们的借贷能力,并作为结果,使该公司的产品的收购,我们预计将有可能从本轮行业整合的出现。”

Mr. Wintemute concluded: “Our outlook for 2017 is positive. We anticipate a long planting season this Spring, following relatively temperate winter weather conditions, that often stimulate heavier pest pressure. We expect relative stability in the Midwest corn markets; this should drive sales of our corn soil insecticides and herbicides, given that channel inventory levels are now at close to historically normal levels. An expected 10% increase in U.S. cotton acreage favors our foliar insecticide and harvest aid products. Internationally, we are poised for modest growth driven by the market penetration of several newly acquired products. In our non-crop business, we also expect to experience continued expansion. We will, of course, continue to manage working capital and operational costs closely. However, given the shift to precision agriculture, it is important that we continue to invest in technology innovation, such as SIMPAS, as we did in 2016. Finally, we will continue to expand our international footprint through product acquisitions and strategic alliances such as our Hong Kong joint venture. In short, we will continue to do the things that have enabled us to improve our financial performance and balance sheet, while positioning ourselves for the future.”

电话会议
Eric Wintemute, Chairman & CEO, Bob Trogele, EVP & COO and David T. Johnson, VP & CFO, will conduct a conference call from our manufacturing facility in Axis, Alabama…focusing on the financial results and strategic themes at 9:00 am ET on Tuesday, March 7, 2017. Interested parties may participate in the call by dialing (201) 493-6744. Please call in 10 minutes before the call is scheduled to begin, and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company’s web site at www.www.schewser.com. To listen to the live webcast, go to the web site at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, the conference call will be archived on the Company’s web site.

关于美国先锋
美国先锋公司是一家多元化的特色农产品的公司,开发和销售产品,作物保护和管理,草坪和观赏植物的管理以及公众和动物健康。美国的先锋队,是包含在罗素2000®和罗素3000®指数和标准普尔小型股600指数。要了解更多关于美国的先锋队,请参考本公司于www.www.schewser.com网站。

本公司,不时地,可能会讨论前瞻性信息。除了本新闻稿中的历史信息,所有前瞻性声明由公司管理层估计,可能有可能导致实际结果与管理层当前的预期不同的各种风险和不确定性。这些因素包括天气状况,监管政策的变化,并从时间到时间在公司的SEC报告和文件中详述的其他风险。所有前瞻性声明,如果有的话,在此版本中代表公司的判断截至本新闻稿发布之日的。

联系信息
William A. Kuser, Director of Investor Relations
(949)260-1200
williamk@亚博娱乐官网amvac-chemical.com

股权集团股份有限公司
莉娜卡齐
(212) 836-9611
Lcati@equityny.com