earnings
confidence high
sentiment neutral
materiality 0.75
American Vanguard FY2024 adj. EBITDA $42M; guides 2025 revenue $565-$585M
AMERICAN VANGUARD CORP
- Preliminary Q4 2024 net sales ~$169M vs $172M in Q4 2023; adjusted EBITDA ~$18M vs $22M.
- Full year 2024 net sales ~$550M ($563M excl. Dacthal recall) vs $579M in 2023; adjusted EBITDA ~$42M vs $53M.
- Reduced inventory by $47M in Q4 to ~$178M; debt reduced by $22M to $156M at year-end.
- Incurred ~$118M in non-recurring charges in 2024 for business repositioning.
- 2025 guidance: revenue $565-$585M, adj. EBITDA $45-$52M, capex ~$10M; expects gradual improvement.