Alamo Group (ALG) Tops Q3 EPS by 17c

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Alamo Group Announces Record 2017 Third Quarter Results

October 31, 2017 4:15 PM EDT

SEGUIN, Texas, Oct. 31, 2017 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2017.

Highlights for the Quarter

Record net income for a third quarter of $16.6 million, up 25.4% Record net sales for a third quarter of $240.5 million, up 10.9% Industrial Division net sales of $132.4 million, up 9.2% Agricultural Division net sales of $64.9 million, up 15.0% European Division net sales of $43.1 million, up 10.3% Record net income for the first nine months of $41.1 million, up 26.6%... More