American Vanguard Corporation · NYSE:AVD
American Vanguard — Q3 2025 Earnings Presentation
10 slides from American Vanguard's earnings presentation, Nov 10, 2025
Slide 1: Earnings Presentation
EARNINGS PRESENTATION November 2025
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Safe Harbor Statement The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this presentation the matters set forth in this presentation include forward-looking statements. These statements can be identified b
Slide 3: Executive Summary Key Messages
EXECUTIVE SUMMARY KEY MESSAGES American Vanguard’s adjusted EBITDA The company is taking steps to transfer all increased by more 350% to $8.2 million business transformation activities to in-house compared to the year ago period. talent as we take full ownership of these efforts. These efforts will
Slide 4: American Vanguard Third Quarter 2025 versus Third Quarter 2024
AMERICAN VANGUARD THIRD QUARTER 2025 VERSUS THIRD QUARTER 2024 US GAAP NET SALES Adjusted-EBITDA 3Q25 3Q24* 3Q25 3Q24 $119 million $118 million $8.2 million $1.8 million Gross Profit Margin EBITDA Margin 29% 26%1 7% 1% • Improved manufacturing performance and more • The company was able to decrease
Slide 5: Renaming Non-Crop to Specialty
RENAMING NON-CROP TO SPECIALTY • The new Specialty name reflects the Technology, • The business has a resilient base of long-term customers Innovation, and Patents occurring in the Segment and technology is allowing our Specialty products to enter new areas • Important contracts for mosquito control
Slide 6: Q3 2025 Revenue Results
Q3 2025 REVENUE RESULTS • US Crop business performed well, which was In $M 2025 2024 Change Change % offset by weakness in our Non-Crop and International business. U.S. Crop $43,310 $35,533 $7,777 22% • Herbicides and granular soil insecticides were U.S. Non-Crop 19,233 22,454 (3,221) -14% areas of
Slide 7: Improving Gross Profit Margin
IMPROVING GROSS PROFIT MARGIN • Gross margins continue to benefit from initiatives management implemented earlier in the year. 30% Improving manufacturing efficiency and benefits 29% from its updated SIOP process account for a large 29% increased gross profit margin portion of the improvement. from
Slide 8: Simplify, Prioritize and Deliver
SIMPLIFY, PRIORITIZE AND DELIVER • The company cut 14% from its operating expense budget as compared to last year. $38,000 $37,542 • Research, product development and regulatory decreased by $5.5 million versus last year. $36,000 • Transformation expenses, which are not included $34,000 in adjusted
Slide 9: Debt Profile Continues to Improve
DEBT PROFILE CONTINUES TO IMPROVE • Net debt decreased by $2 million • The company brought in significantly less early $168 pay in 2025. While customer demand was high, $167M1 $167 management made the strategic decision to limit the amount of money brought in. The debt decline $167 Decrease by $2 mi
Slide 10: Thank You
THANK YOU Q&A