Alamo Group (ALG) Reports In-Line Q3 EPS

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Alamo Group Announces Record 2018 Third Quarter Results

October 31, 2018 4:17 PM EDT

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 Quarter

Record 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%... More