ALAMO GROUP ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR END 2024
Alamo Group, Inc. (ALG)
Last alamo group, inc. earnings: 2/27 04:15 pm
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US:NYSE Investor Relations:
alamo-group.com/investor-relations
Company Research
Source: PR Newswire
SEGUIN, Texas, Feb. 27, 2025 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and fiscal year ended December 31, 2024.Highlights:Fourth Quarter Results:Net Sales of $385.3 million, down 7.7% versus prior yearIndustrial Equipment Division net sales of $225.5 million, up 11.0%Vegetation Management Division net sales of $159.8 million, down 25.5%Income from operations of $34.4 million, 8.9% of net salesFourth quarter results include approximately $1.0 million in separation costsNet income of $28.1 millionFully diluted EPS of $2.33 per share; fully diluted EPS of $2.39, excluding fourth quarter separation costs(1)Full Year Results:Net Sales of $1.629 billion, down 3.6% versus prior yearIndustrial Equipment Division net sales of $843.3 million, up 18.7%Vegetation Management Division net sales of $785.2 million, down 19.8%Income from operations of $164.8 million, 10.1% of net sales, double-digit profitability, despite market headwindsTotal impact fr
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News
- Alamo Group (NYSE:ALG) was upgraded by analysts at CJS Securities to a "strong-buy" rating.MarketBeat
- D.A. Davidson Acts as Exclusive Financial Advisor to Alamo Group on its Purchase of Petersen Industries [Yahoo! Finance]Yahoo! Finance
- ALAMO GROUP INC. TO ACQUIRE PETERSEN INDUSTRIES, EXPANDING ITS INDUSTRIAL EQUIPMENT PRODUCT OFFERING [Yahoo! Finance]Yahoo! Finance
- ALAMO GROUP INC. TO ACQUIRE PETERSEN INDUSTRIES, EXPANDING ITS INDUSTRIAL EQUIPMENT PRODUCT OFFERINGPR Newswire
- Alamo Group: Appealing Territory [Seeking Alpha]Seeking Alpha
ALG
Earnings
- 11/6/25 - Miss
ALG
Sec Filings
- 12/10/25 - Form 8-K
- 12/1/25 - Form 4
- 11/17/25 - Form 4
- ALG's page on the SEC website