Alamo Group (ALG) Tops Q3 EPS by 30c

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Go back to Alamo Group (ALG) Tops Q3 EPS by 30c

Alamo Group Announces 2020 Third Quarter Results

October 28, 2020 5:00 PM EDT

SEGUIN, Texas, Oct. 28, 2020 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2020.

Highlights for the Quarter

Record net sales for a third quarter of $291.8 million, up 7.3% Industrial Division net sales $196.2 million, up 10.1% Agricultural Division net sales $95.5 million, up 2.0% Net income for the third quarter of $20.0 million, up 15.0% Record net sales for a first nine months of $874.8 million, up 6.8% Net income for the first nine months of $48.6 million, down 9.0%... More