American Vanguard Honored as One of Fortune's 100 Fastest Growing Companies
Composite Ranking . . . . . #50
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- American Vanguard Corp. (NYS: AVD) was recently named to the prestigious 2013 Fortune's 100 Fastest Growing Companies list. This evaluation analyzes publicly-traded equities worldwide with a focus on annual growth in revenues, earnings and total shareholder value over the last three calendar years. With annual revenue growth of 24% (Rank 90), annual earnings growth of 72% (Rank 43) and annual total return growth of 45% (Rank 33), American Vanguard posted a composite ranking of #50 among the thousands of domestic and international equities from every sector of the global economy.
Mr. Eric Wintemute, Chairman & CEO of American Vanguard commented: "This extraordinary distinction results from our focused business strategy, steady operational execution and prudent financial discipline. Over the last 2 decades, we have positioned American Vanguard to be an increasingly important component of modern agricultural practices. Our portfolio of proven crop protection products improve harvest yields and complement other technologies to facilitate comprehensive integrated pest management. We have developed advanced equipment systems that allow a safe, efficient, environmentally-friendly approach to data-driven precision farming. Our responsible stewardship activities have earned the respect of our customers and business partners with whom we work to satisfy the food, bio-fuel and fiber demands of a growing global population."
Mr. Wintemute concluded: "Our Company will continue to emphasize technological innovation, international expansion, high profitability and a commitment to shareholder value. We are honored to have earned this distinguished recognition and by remaining dedicated to our mission of enhancing agricultural productivity and safeguarding public health through pest control, American Vanguard intends to remain a premier growth company."
About American Vanguard
American Vanguard Corporation is a diversified 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® & Russell 3000® Indexes and the Standard & Poors 600 Index. To learn more about American Vanguard, please reference the Company's web site at www.american-vanguard.com.
American Vanguard Corporation
William A. Kuser, 949-260-1200
Director of Investor Relations
The Equity Group Inc.
Lena Cati, 212-836-9611
KEYWORDS: United States North America California
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