Alamo Group (ALG) Tops Q4 EPS by 11c
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Alamo Group Announces Record Results For 2018 As Sales Top $1 Billion
February 28, 2019 4:16 PM ESTSEGUIN, Texas, Feb. 28, 2019 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2018.
Highlights
Record net sales for full year of $1.0 billion, up 10.6% Record net income for full year of $73.5 million, up 65.8% Margin improvement helped drive income from operations to the 10% level Record net sales for the fourth quarter of $256.0 million, up 5.3% Industrial Division net sales of $160.0 million, up 8.7% Agricultural Division net sales of $55.9 million, down 1.0% European... More