Alamo Group (ALG) Tops Q2 EPS by 43c

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Go back to Alamo Group (ALG) Tops Q2 EPS by 43c

ALAMO GROUP ANNOUNCES RECORD 2022 SECOND QUARTER SALES AND EARNINGS

August 3, 2022 4:05 PM EDT

SEGUIN, Texas, Aug. 3, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2022.

Highlights for the Quarter

Net sales of $396.2 million, up 14.0%Vegetation Management net sales of $255.0 million, up 18.8%Industrial Equipment net sales of $141.2 million, up 6.3%Income from operations of $40.9 million, up 21.8%Net income of $28.5 million, or $2.39 per diluted share, up 9.4%Trailing twelve-month EBITDA of $172.9 million, up 6.7% from full year... More