American Vanguard Corp. (AVD)

American Vanguard Corporation, through its subsidiaries, engages in the manufacture, development, and marketing of specialty chemical products for agricultural and commercial uses primarily in the United States. The company manufactures and formulates chemicals for crops, human, and animal health protection. These chemicals include insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants in liquid, powder, and granular forms. It also distributes various pharmaceutical and nutritional supplement products. The company was founded in 1969 and is headquartered in Newport Beach, California.

For the nine months ended 30 September 2006, American Vanguard Corp.'s, revenues increased 8% to $138.7M. Net income decreased 10% to $10M. Revenue reflects a growth primarily attributable to higher sales volume across the vast majority of the Company's product line. Net income was offset by a decrease in gross margin due to sales mix of the Company's products, decreased operating income and an increase in interest expense.