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05 May 2011 ~ Comments Off

American Vanguard Reports First Quarter 2011 Results

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NEWPORT BEACH, Calif.–(BUSINESS WIRE)–American Vanguard Corporation (NYSE:AVD), today announced financial results for the first quarter ended March 31, 2011. Fiscal 2011 First Quarter Financial Highlights – versus Fiscal 2010 First Quarter Net sales of $67.4 million, an increase of 44%. Net income of $5.0 million, compared to $1.8 million generated in 1Q2010. Earnings per diluted share were $0.18, compared with $0.07 in the prior year period. Eric Wintemute, President and CEO of American Vangu

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