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Alamo Group Announces 2015 Third Quarter Results

November 4, 2015 5:30 PM EST

SEGUIN, Texas, Nov. 4, 2015 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2015.

Highlights for the Quarter

Record net income of $14.8 million Record net earnings per diluted share of $1.28 Operating profit margins over 10% for the quarter Net sales down 1.4% due to currency translation Agricultural and Industrial sales up despite market headwinds European sales down due to exchange rates Record nine month sales of $655.1 million Record nine... More