American Vanguard Corporation · NYSE:AVD
American Vanguard — Gabelli Specialty Chemicals Symposium 2025
12 slides from American Vanguard's conference presentation, March 2025
Slide 1: Gabelli Specialty Chemicals Symposium
The trusted provider of proven agricultural and environmental solutions. Gabelli Specialty Chemicals Symposium March 2025
Slide 2: Safe Harbor Statement
Safe Harbor Statement During this presentation, the Company 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 c
Slide 3: American Vanguard at a Glance
American Vanguard at a Glance Company Overview Financial Snapshot (2) American Vanguard (“AVD”) was founded in 1969 at a single factory site in Los Angeles, California and has grown to six manufacturing facilities with a global sales footprint. The company provides a wide variety of solutions to
Slide 4: Manufacturing Footprint
Manufacturing Footprint With a large North American manufacturing footprint, AVD is well suited for continued reshoring efforts 2 5 1 2 Los Angeles, CA Clackamas, OR: Capabilities: Synthesis of chemical 3 Capabilities: Fermentation using intermediates to produce active 1 microbes to produce liqu
Slide 5: Global Industry Overview
Global Industry Overview Crop Protection Products are used to protect plants from weeds, pests and diseases to maximize farm yields Crop Protection Market Value (US$ Billion) Products are typically broken down into: $120 o Herbicides for the control of weeds $100 o Insecticides for the control o
Slide 6: U.S. Industry Overview
U.S. Industry Overview Farmers continue to prioritize crop protection investments U.S. Spend Categories $200 $40 (US$ Billion) $150 $30 $100 $20 $50 Farmers continue to prioritize crop protection $10 Crop Protection Spend is Resilient Through High and Low investments Farm Income Environments $0 -- 2
Slide 7: High-growth Biologicals Market
High-growth Biologicals Market Accelerating Global Demand From Agriculture Industry for Food and Fuel to be Supported by Expanding Biologicals Use Global Agricultural US$ Billion 2024 – 2031 CAGR: ~11% $30 Biologicals Market Value $30 ~10% $20 ~12% $20 $14 ~10% Expanding $10 Biologicals market growt
Slide 8: FY 2024 Financial Results
FY 2024 Financial Results • Year-over-year Adj. revenue and Adj. EBITDA decline driven primarily by oversupply of a product in 2023. • $118 million of non-recurring charges in 2024 attributable to SIMPAS write off, goodwill impairment, transformation consultant expense and the write-down of slow-mov
Slide 9: Strengthening Balance Sheet – Top Priority
Strengthening Balance Sheet – Top Priority Reduced debt and by $22M in Q4’24 and decreased inventory by $47M in Q4’24 Average inventory turnover was 1.67 at the end of 2024; Continued improvement is expected in 2025 2025 free cash flow will be allocated to further debt reduction $179M $246M $1
Slide 10: FY 2025 Targets
FY 2025 Targets Metric Target Adjusted EBITDA $45 – 52 Million Revenue $565 – 585 Million 10
Slide 11: Key Priorities & Initiatives – 2025 & Beyond
Key Priorities & Initiatives – 2025 & Beyond Goals for 2025 and beyond are straightforward: • Strengthen the balance sheet • Reduce complexity across the company; focus on high-priority tasks • Execute on Transformation Process • Operate manufacturing facilities safely and efficiently • Achieve the
Slide 12: Thank You and Questions
Thank You and Questions AMERICAN VANGUARD CORPORATION - CONFIDENTIAL
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