National Agri-Marketing Association
NAMA Website
Upcoming Events
Chapters
Agri-Marketing Conf
Best of NAMA 2020












1ST QUARTER: ALAMO GROUP'S SALES UP 16%, NET INCOME UP 6%: $18.5 MILLION
Source: Alamo Group news release

SEGUIN, Texas -- Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2022.

Highlights for the Quarter:

Net sales of $362.0 million, up 16.3%

◦ Vegetation Management net sales of $221.0 million, up 20.2%

◦ Industrial Equipment net sales of $141.0 million, up 10.8%

Income from operations of $29.1 million, up 14.5%

Net income of $18.5 million, or $1.55 per diluted share, up 5.8%

◦ Adjusted net income of $19.4 million, or $1.63 per diluted share, up 11.4% (1)

Trailing twelve-month EBITDA of $165.7 million, up 2.2% from full year 2021(1)

Backlog of $917.8 million, up 102.8% compared to prior year first quarter-end

To read the entire report click here.


Search News & Articles














Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © 2022, Henderson Communications LLC. | User Agreement