Alamo Group (ALG) Tops Q2 EPS by 29c

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Go back to Alamo Group (ALG) Tops Q2 EPS by 29c

Alamo Group Announces 2020 Second Quarter Results

July 29, 2020 4:30 PM EDT

SEGUIN, Texas, July 29, 2020 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2020.

Highlights for the Quarter

Net sales for the second quarter of $268.6 million, down 5.8% Industrial Division net sales $182.3 million, down 6.2% Agricultural Division net sales $86.4 million, down 5.0%Net income for the second quarter of $13.0 million, down 37.2% Record net sales for the first six months of $583.1 million, up 6.6% Net income for the first six months of $28.5 million, down 20.6% EBITDA... More