EXHIBIT 99.1

AMERICAN PACIFIC – News Release

Contact: Dana M. Kelley – (702) 735-2200

E-mail: InvestorRelations@apfc.com

Website: www.apfc.com

AMERICAN PACIFIC REPORTS FISCAL 2013 RESULTS; PROVIDES OUTLOOK FOR FISCAL 2014

LAS VEGAS, NEVADA, December 12, 2013 — American Pacific Corporation (“AMPAC”) (NASDAQ: APFC) today reported financial results for its fiscal year and fourth quarter ended September 30, 2013.

“Fiscal 2013 was a record year for AMPAC in terms of both revenues and Adjusted EBITDA performance. Our Fine Chemicals segment continued its steady growth path, while our Specialty Chemicals segment experienced unique volume in FY13, which resulted in performance well above its expected stable range. Although our profit expectation for Fiscal 2014 is lower in the aggregate, the components provide a robust future for AMPAC. Fine Chemicals segment opportunities are continuing to expand and our Specialty Chemicals segment should return to operating at its pre-Fiscal 2013 stable levels,” said Joe Carleone, AMPAC’s Chairman of the Board and Chief Executive Officer.

We provide non-GAAP measures as a supplement to financial results based on GAAP. A reconciliation of the non-GAAP measures to the most directly comparable GAAP measures is included in the accompanying supplemental data. Revenues and expenses associated with the Aerospace Equipment segment operations are presented as discontinued operations for all periods presented. See further discussion below.

FINANCIAL SUMMARY

Fiscal Year Ended September 30, 2013 Compared to Fiscal Year Ended September 30, 2012

 

   

Revenues increased $29.5 million, or 16%, to $215.1 million from $185.6 million.

 

   

Adjusted operating income increased to $41.1 million compared to $27.1 million.

 

   

Adjusted EBITDA increased to $55.2 million compared to $43.0 million.

 

   

Adjusted income from continuing operations was $24.9 million compared to $10.1 million.

 

   

Adjusted diluted earnings per share from continuing operations was $3.08 compared to $1.32.

Quarter Ended September 30, 2013 Compared to Quarter Ended September 30, 2012

 

   

Revenues increased $9.6 million to $59.2 million from $49.6 million.

 

   

Adjusted operating income increased to $17.5 million compared to $8.6 million.

 

   

Adjusted EBITDA increased to $21.3 million compared to $13.7 million.

 

   

Adjusted income from continuing operations was $10.8 million compared to $4.0 million.

 

   

Adjusted diluted earnings per share from continuing operations was $1.32 compared to $0.52.

Results for Fiscal 2013, Fiscal 2012 and the Fiscal 2012 fourth quarter include other charges, gains and deferred tax valuation adjustments that have been excluded from the computations of adjusted operating income, adjusted income from continuing operations and adjusted diluted earnings per share from continuing operations. The adjusted results have been provided to facilitate comparisons between Fiscal 2013 and Fiscal 2012. See further discussion of the adjusting items below.

– more –

3883 HOWARD HUGHES PARKWAY • SUITE 700  • LAS VEGAS, NV 89169

PHONE (702) 735-2200  • FAX (702) 735-4876

 

Page 1 of Exhibit 99.1


The following information was filed by American Pacific Corp (APFC) on Thursday, December 12, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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