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2019年5月7日AVD新闻稿


American Vanguard Reports First Quarter 2019 Results
纽波特海滩,加利福尼亚 - 2019年5月7日 - 美国先锋公司(NYSE:AVD),今天公布了截至2019年3月31日的第一季度财务业绩。

财经要闻财政2019第一季度 - 对财政2018第一季度:

  • Net sales of $99.7 million in 2019, compared with $104.1 million in 2018
  • Net income of $3.9 million in 2019, compared with $4.7 million in 2018
  • 在2019年每$ 0.13稀释每股收益,以$ 0.16相比2018
  • 在2019 $ 12.6亿美元,与2018年13.3 $美元相比EBITDA

  • Note: Further details are available in the financial schedules attached to this press release

    埃里克Wintemute,主席和美国先锋公司的首席执行官说:“感谢国际多样化,我们今年的第一季度整体顶线表现是,去年第一季度,尽管在北美地区广泛不利天气的中等以下。虽然雨水和寒冷在国内许多地区放缓采购活动,我们的国际业务增长了9%,比去年同期。此外,通过强大的生产性能和最佳的产品组合推动下,我们的整体毛利率从39%相比,2018年的第一季度在一年中增长了42%,我们预计恢复国内大部分销售额是的该季度亏损。事实上,我们预计整体净销售额为2019年是510亿$ $和器530万,这是高于我们先前的预测范围之间“。

    Mr. Wintemute continued, “Over the coming quarters, we will focus on strengthening our balance sheet by reducing inventory to a target of $145 million, generating cash from increased sales, managing operating expenses, maintaining factory efficiency and reducing debt to $100 million or less. We look forward to giving greater detail on our quarterly performance during the earnings call. Further, we will be reporting on our five-year outlook and the expected financial performance of our SIMPAS technology during the annual shareholders’ meeting this June.”

    Conference Call
    埃里克Wintemute,董事长兼首席执行官鲍勃Trogele执行副总裁兼首席运营官和David T.约翰逊,副总裁兼财务总监,将在下午4:10 ET /下午1:10 PT进行电话会议侧重于财务业绩上周二,5月7日,2019年,有意者可拨打电话(201)493-6744参与呼叫 - 请在10分钟内拨打电话预定开始之前,并要求美国先锋呼叫。此次电话会议还将进行网络直播通过在公司网站的新闻和媒体节现场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.

    About American Vanguard
    美国先锋集团是一个多元化的specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. American Vanguard is included on the Russell 2000®and Russell 3000®Indexes and the Standard & Poor’s Small Cap 600 Index. To learn more about American Vanguard, please reference the Company’s web site at www.www.schewser.com.

    The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company’s management and are subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed from time-to-time in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release.

    Contact Information
    威廉·A·K用户,投资者关系总监
    (949) 260-1200
    williamk@amvac-chemical.com

    The Equity Group Inc.
    Lena Cati
    (212)836-9611
    Lcati@equityny.com