American Vanguard Corporation (AVD) Q2 2023 Earnings Call Transcript

American Vanguard Corporation (NYSE:AVD) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET

Company Participants

William Kuser – Director of IR & Corporate Communications

Eric Wintemute – Chairman & CEO

David Johnson – VP, CFO & Treasurer

James Thompson – Director of Business Development

Conference Call Participants

Chris Kapsch – Loop Capital

Brandon Rogers – ROTH Capital

John Roberts – Credit Suisse


Welcome to the American Vanguard Corporation Second Quarter and year-to-date 2023 Earnings Call.

I will now turn the call over to Bill Kuser, Director of Investor Relations. You may begin.

William Kuser

Well, thank you very much, Misty, and welcome, everyone, to American Vanguard’s second quarter and mid-year earnings review. Our speakers today will be Mr. Eric Wintemute, the Chairman and CEO of American Vanguard; Mr. David Johnson, the company’s Chief Financial Officer; and also to assist in answering your questions today, we have Mr. Shayne Wetherall, the CEO of AMGUARD Environmental Technologies, which we refer to in our filings as the non-crop business; and also Mr. Jim Thompson, Director of Portfolio Strategy and Business Development, who is the leader of our Green Solutions initiative.

Before beginning, let’s take a moment for our usual cautionary reminder. In today’s call, the company may discuss forward-looking information. Such information and statements are based on estimates and assumptions by the company’s management and are subject to various risks and uncertainties that may cause actual results to differ from management’s current expectations.

Such factors can include weather conditions, changes in regulatory policy, competitive pressures and various other risks as detailed in the company’s SEC reports and filings. All forward-looking statements represent the company’s best judgment as of the date of this call, and such information will not necessarily be updated by the company.

With that said, we turn the call

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