American Vanguard’s Income, Sales Are Up
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American Vanguard Co., a Newport Beach specialty and agricultural-products company, reported fourth-quarter net income of $2.53 million, or 93 cents a share, up slightly from $2.46 million, or 91 cents a share, a year earlier. Sales rose 12% to $27 million.
Net income for the year totaled $4.3 million, or $1.58 a share, 34% higher than the $3.2 million, or $1.19 a share, posted for 1999. Sales increased 13% to $78 million.
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