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 Aug. 4, 2022 Source: Alamo Group news release SEGUIN, Texas -- 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 2021(1) • Backlog of $894.0 million, up 77.5% compared to prior year second quarter-end To read the entire report click here. Tweet |
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