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Stock impact report

Valmont Reports Third Quarter 2024 Results

Valmont Industries, Inc. (VMI) 
Last valmont industries, inc. earnings: 4/22 05:33 pm Check Earnings Report
US:NYSE Investor Relations: valmont.com/financial-information
Company Research Source: Business Wire
Net Sales and Operating Income Aligned with ExpectationsGenerated Strong Operating Cash Flows of $225 Million 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 third quarter ended September 28, 2024.President and Chief Executive Officer Avner M. Applbaum commented, “Our team delivered another solid quarter, expanding operating margins and generating strong operating cash flows despite lower sales. The Infrastructure segment benefited from strong utility market demand and an improving telecommunications market in North America. Pricing discipline, a more favorable product mix, and a leaner cost structure contributed to margin improvement. In Agriculture, while North American and Brazilian markets remain muted, I’m proud of our swift response in supplying replacement equipment to support our Show less Read more
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