Alamo Group (ALG) Tops Q2 EPS by 40c

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Go back to Alamo Group (ALG) Tops Q2 EPS by 40c

Alamo Group Announces 2021 Second Quarter Results

August 4, 2021 4:15 PM EDT

SEGUIN, Texas, Aug. 4, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2021.

Highlights for the Quarter

Second quarter sales and net income are up significantly over the COVID-impacted prior year second quarter: Total company net sales of $347.6 million, up 29% Industrial Division net sales of $231.2 million, up 27% Agricultural Division net sales of $116.3 million, up 35% Net income of $26.0 million up 100%, or $2.19 per diluted share, up 99% Adjusted net income of $23.4 million, or $1.97 per diluted share, up 73%... More