Alamo Group (ALG) Reports Q4 EPS of 81c

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Go back to Alamo Group (ALG) Reports Q4 EPS of 81c

Alamo Group Announces 2019 Fourth Quarter And Year End Results

February 27, 2020 4:15 PM EST

SEGUIN, Texas, Feb. 27, 2020 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2019.  As previously announced, beginning with this release the Company will report its results on the basis of two divisions, Industrial and Agricultural, which includes their respective parts of the former European Division.

Highlights

Record net sales for full year 2019 of $1.1 billion, up 10.9% Net Income for the full year of $62.9 million Adjusted net income for full year of $69.8 million, down less than 1%(1) Record net... More