Alamo Group (ALG) Tops Q4 EPS by 2c

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Go back to Alamo Group (ALG) Tops Q4 EPS by 2c

ALAMO GROUP ANNOUNCES RECORD 2021 FOURTH QUARTER AND YEAR END RESULTS

February 24, 2022 4:15 PM EST

SEGUIN, Texas, Feb. 24, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2021. 

Highlights

Fourth quarter net sales of $337.2 million, up 16.8% Vegetation Management net sales up 27.4% Industrial Equipment net sales up 3.6%Record fourth quarter diluted EPS of $1.62, up 107.7% Record net sales for the full year of $1.3 billion, up 14.7% Record EBITDA for the full year 2021 of $162.1 million, up 16.4%(1) Record full year diluted EPS of $6.75; up 38.3% year-over-year... More