Alamo Group Inc. (NYSE:ALG) Q1 2022 Results Conference Call May 5, 2022 4:00 PM ET Company Participants Edward Rizzuti - VP, General Counsel and Secretary Jeff Leonard - President and CEO Richard Wehrle - EVP, CFO and Treasurer Dan Malone - EVP and Chief Sustainability Officer Conference Call Participants Chris Moore - CJS Securities Mike Shlisky - D.A. Davidson Operator Good day, and welcome to the Alamo Group Inc. First Quarter 2022 Conference Call. Today’s conference is being recorded. At this time, I wo ...

Alamo Group Inc. (NYSE:ALG) Q4 2021 Earnings Conference Call February 25, 2022 11:00 AM ET Company Participants Edward Rizzuti - Vice President, General Counsel & Secretary Jeff Leonard - President & Chief Executive Officer Richard Wehrle - Executive Vice President, Chief Financial Officer & Treasurer Dan Malon - Executive Vice President & Chief Sustainability Officer Conference Call Participants Chris Moore - CJS Securities Mike Shlisky - D.A. Davidson Greg Burns - Sidoti & Company Operator Good day, and w ...

Financial Data and Key Metrics Changes - Total company net sales for Q3 2021 were $338 million, up 16% from the prior year [8][14] - Operating income was $30 million, down 3% year-over-year [11][15] - Net income decreased to $17.5 million or $1.49 per diluted share, down 13% from the prior year [12][15] - Adjusted net income was $18.9 million or $1.59 per diluted share, down 8% [12][15] - Adjusted EBITDA remained flat compared to the prior year but was up 7% from full year 2020 [13][15] - Total debt outstanding was reduced by $20.7 million, down 21% from the prior year [8][15] - Backlog increased to $645 million, up 154% year-over-year [8][15] Business Line Data and Key Metrics Changes - Industrial division net sales were $219 million, up 12% from the prior year [8][14] - Agricultural division net sales were $119 million, up 25% from the prior year [8][14] - Supply chain constraints and labor capacity issues limited the ability to ship finished products despite strong demand [9][20] Market Data and Key Metrics Changes - Agricultural market conditions remained favorable, with prices for corn, soybeans, and livestock at historically attractive levels [17] - Demand for governmental products remained strong, with continued investment in equipment [17][18] - Demand for industrial products from sectors like steel, cement, and mining continued to rebound [17] Company Strategy and Development Direction - The company plans to report through two new segments: vegetation management and industrial equipment starting in Q4 2021 [27] - The acquisition of Timberwolf Limited aims to expand distribution outside the U.S. and fill product gaps in the tree care offering [26][30] - The company remains optimistic about future prospects due to a strong backlog and plans for investment in people, products, and facilities [25] Management's Comments on Operating Environment and Future Outlook - The company experienced significant supply chain disruptions, impacting manufacturing processes and productivity [20][21] - Input cost inflation and transportation costs were significant issues during the quarter [23] - There are no clear signs of a change in the external business climate for Q4, but steel prices have begun to stabilize [25] Other Important Information - The effective tax rate for Q3 was 37%, up from 27% in the prior year, primarily due to stock-based compensation provisions [24] Q&A Session Summary Question: Will the Timberwolf acquisition help expand distribution outside the U.S.? - Yes, the acquisition is significant for expanding distribution in the U.K. and Europe, providing access to new markets [30] Question: Are order trends connected to inflation concerns? - Government orders are stable and not speculative, while agricultural orders may be influenced by dealer inventory levels [31][32] Question: What is the breakdown of backlog growth between Ag and industrial? - The agricultural backlog has been growing rapidly, while the industrial side, particularly forestry and tree care, has also seen significant demand [56]

Alamo Group Inc. (NYSE:ALG) Q2 2021 Earnings Conference Call August 5, 2021 3:00 PM ET Company Participants Edward Rizzuti - Vice President, General Counsel and Secretary Jeff Leonard - President and Chief Executive Officer Richard Wehrle - Executive Vice President, Chief Financial Officer and Treasurer Dan Malone - Executive Vice President, Chief Sustainability Officer and Head, Investor Relations Conference Call Participants Chris Moore - CJS Securities Greg Burns - Sidoti & Company Operator Good day, eve ...

Alamo Group, Inc. (NYSE:ALG) Q1 2021 Earnings Conference Call May 6, 2021 11:00 AM ET Company Participants Edward Rizzuti - VP, General Counsel & Secretary Ronald Robinson - President, CEO & Director Dan Malone - EVP & CFO Jeffery Leonard - EVP, Industrial Division Conference Call Participants Michael Shlisky - Colliers Securities Christopher Moore - CJS Securities Gregory Burns - Sidoti & Company Operator Good day, and welcome to the Alamo Group First Quarter 2021 Conference Call. Today's conference is bei ...