Alamo Group (ALG) Reports Q4 EPS of $1.10

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Go back to Alamo Group (ALG) Reports Q4 EPS of $1.10

Alamo Group Announces 2020 Fourth Quarter And Year End Results

February 25, 2021 4:45 PM EST

SEGUIN, Texas, Feb. 25, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2020. 

Highlights

Fourth quarter net sales of $288.6 million, down 3.8% Industrial Division net sales of $202.7 million, down 8.9% Agricultural Division net sales of $85.9 million, up 10.5%Net income for the fourth quarter of $8.1 million, down 15.5% Adjusted net income for the fourth quarter of $13.0 million(1)Record net sales for the full year of $1.16 billion, up 4.0%... More