Alamo Group (ALG) Tops Q2 EPS by 20c, Revenues Beat

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Alamo Group Announces Record 2018 Second Quarter Results

August 1, 2018 4:15 PM EDT

SEGUIN, Texas, Aug. 1, 2018 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2018.

Highlights for the Quarter

Record net income for a second quarter of $18.8 million, up 52.4% Record net sales for a second quarter of $257.1 million, up 20.6% Industrial Division net sales of $150.0 million, up 27.9% Agricultural Division net sales of $59.1 million, up 8.9% European Division net sales of $48.0 million, up 15.1% Record net income for the first six months of $33.4 million, up 36.2%... More