Valmont Industries (VMI) Reports In-Line Q4 EPS

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Go back to Valmont Industries (VMI) Reports In-Line Q4 EPS

Valmont Reports Fourth Quarter and Full Year 2022 Results

February 22, 2023 4:16 PM EST

Achieves Record Results and Provides Positive 2023 Full Year Net Sales and EPS Guidance

OMAHA, Neb.--(BUSINESS WIRE)-- Valmont Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Fourth Quarter 2022 Highlights (all metrics compared to Fourth Quarter 2021 unless otherwise noted)

Net Sales of $1.1 billion increased 17.5%, a fourth quarter record Operating Income increased 116.2% to $109.7 million, or 9.7% of net sales (increased 32.9% to... More