Alamo Group Announces Record 2018 Third Quarter Results
Alamo Group, Inc. (ALG)
Last alamo group, inc. earnings: 2/27 04:15 pm
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US:NYSE Investor Relations:
alamo-group.com/investor-relations
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Source: PR Newswire
SEGUIN, Texas, Oct. 31, 2018 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2018.Highlights for the QuarterRecord net income for a third quarter of $23.5 million, up 41.9% Record net sales for a third quarter of $257.6 million, up 7.1% Industrial Division net sales of $156.7 million, up 18.4% Agricultural Division net sales of $61.5 million, down 5.3% European Division net sales of $39.4 million, down 8.7% Record net income for the first nine months of $56.9 million, up 38.5% Record net sales for the first nine months of $752.8 million, up 12.5% Backlog at $251.2 million, up 38.8% compared to the previous year's third quarter 2018 third quarter and nine months results include a $3.0 million net tax benefit reflecting an adjustment to the charge taken in the fourth quarter of 2017 concerning U.S. tax reformSummary of ResultsAlamo Group's net sales for the third quarter of 2018 were $257.6 million compared to $240.5 million,
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ALG
Earnings
- 2/22/24 - Miss
ALG
Sec Filings
- 4/16/24 - Form 8-K
- 3/29/24 - Form 4
- 3/13/24 - Form DEFA14A
- ALG's page on the SEC website