American Vanguard reports preliminary Q4 revenue $169M vs. $172M last year

Reports preliminary Q4 adjusted EBITDA $18M vs. $22M last year. “While we are pleased to have achieved our 2024 EBITDA target, in my opinion this result is just the starting point for what is possible at this company,” said CEO Douglas Kaye III. “With an adjusted EBITDA margin of 7.5%, we would view this level of profitability as being about half of what our full cycle earnings power can be. On a percentage basis, we believe that we can achieve double digit EBITDA growth over each of the next 3 – 4 years.”

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