Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Amvac sales up 2% in Q2 despite weather impact

Strong sales of herbicides and fungicides boosted American Vanguard's sales by 2.3% to $86.8 million in the second quarter of 2013.  A doubling of sales of the company's post-emergence maize herbicide, Impact (BASF's topramezone), contributed to a near tripling of herbicide sales during the quarter. However, overall revenue growth was held back by adverse US weather conditions, which delayed planting and caused some growers to switch from maize and cotton to soybeans. Sales were also restricted by conservative buying patterns towards the end of the quarter due to increasing inventory levels, Amvac notes. The company warned in June that second-quarter sales would be lower than forecast (Agrow No 667, p 4).

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG000172

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel