Alamo (ALG)

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Alamo (ALG) - 2024 Q1 - Quarterly Report
2024-05-02 20:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ____ TO ____ Commission file number 0-21220 ALAMO GROUP INC. (Exact name of registrant as specified in its charter) Delaware 74-1621248 (State or other jurisdiction of i ...
Alamo (ALG) - 2024 Q1 - Quarterly Results
2024-05-02 20:43
For: Alamo Group Inc. Contact: Agnes Kamps Executive Vice President & CFO 830-372-9615 Financial Relations Board Joe Calabrese 212-827-3772 ALAMO GROUP ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024 SEGUIN, Texas, May 2, 2024 -- Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2024. Highlights for the Quarter • Record net sales of $425.6 million, up 3.4% ◦ Industrial Equipment net sales of $201.8 million, up 29.9% ◦ Vegetation Management net sales of $223. ...
ALAMO GROUP INC. RECEIVES NOTIFICATION OF STRIKE AT GRADALL INDUSTRIES LLC
Prnewswire· 2024-04-16 20:15
Group 1 - Alamo Group Inc. subsidiary Gradall Industries LLC's unionized workers have elected to strike due to failed labor agreement negotiations, involving approximately 200 workers from the International Association of Machinists and Aerospace Workers [1] - The company is committed to negotiating in good faith with union leaders to reach a new labor agreement and restore normal operations [1] Group 2 - Alamo Group is a leader in the design, manufacture, distribution, and service of high-quality equipment for infrastructure maintenance, agriculture, and other applications [2] - The company was founded in 1969 and has approximately 4,350 employees, operating 29 plants across North America, Europe, Australia, and Brazil as of December 31, 2023 [2]
ALAMO GROUP INC. DECLARES REGULAR QUARTERLY DIVIDEND
Prnewswire· 2024-04-01 20:15
SEGUIN, Texas, April 1, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today that its Board of Directors has declared its quarterly dividend of $0.26 per share. Payment will be made on April 29, 2024, to shareholders of record at the close of business on April 16, 2024. About Alamo GroupAlamo Group is a leader in the design, manufacture, distribution, and service of high-quality equipment for vegetation management, infrastructure maintenance and other applications. Our products include truck an ...
ALAMO GROUP INC. ANNOUNCES RICHARD J. WEHRLE PLANS TO RETIRE AS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND TREASURER; AGNES KAMPS APPOINTED AS SUCCESSOR
Prnewswire· 2024-03-06 21:15
SEGUIN, Texas, March 6, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that Richard J. Wehrle, Executive Vice President, Chief Financial Officer and Treasurer, will retire from the Company on May 3, 2024. Ms. Agnes Kamps joined the Company as Executive Vice-President on March 6, 2024, and will take on the duties of Company Treasurer immediately. Upon Mr. Wehrle's retirement, Ms. Kamps will succeed Mr. Wehrle as the Company's Chief Financial Officer. Ms. Kamps joins the Company from Ame ...
Alamo (ALG) - 2023 Q4 - Earnings Call Transcript
2024-02-23 16:59
Alamo Group Inc. (NYSE:ALG) Q4 2023 Earnings Conference Call February 23, 2024 10:00 AM ET Company Participants Edward Rizzuti - Executive Vice President, General Counsel & Secretary Jeff Leonard - President & Chief Executive Officer Richard Wehrle - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants Mig Dobre - Baird Chris Moore - CJS Securities Mike Shlisky - D.A. Davidson Tim Moore - EF Hutton Edward Rizzuti Jeff Leonard, President and Chief Executive Officer; and ...
ALAMO GROUP INC. ANNOUNCES RETIREMENT OF BOARD MEMBER, APPOINTMENT OF NEW BOARD CHAIR AND APPOINTMENT OF NEW DIRECTOR
Prnewswire· 2024-02-22 21:16
SEGUIN, Texas, Feb. 22, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that Roderick ("Rock") R. Baty will retire from the Board of Directors effective April 30, 2024. Mr. Baty joined the Board in August 2011 and has served in various capacities during his tenure. Mr. Baty was appointed Independent Board Chair on May 3, 2018. Upon Mr. Baty's retirement from the Board, current Board member, Richard ("Rick") W. Parod, will be appointed the new Independent Board Chair effective April 30, 202 ...
Alamo (ALG) - 2023 Q4 - Annual Report
2024-02-21 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE YEAR ENDED DECEMBER 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-21220 ALAMO GROUP INC. (Exact name of registrant as specified in its charter) Delaware 74-1621248 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identificati ...
Alamo (ALG) - 2023 Q4 - Annual Results
2024-02-21 16:00
For: Alamo Group Inc. Contact: Richard Wehrle Executive Vice President & CFO 830-372-9615 Financial Relations Board Joe Calabrese 212-827-3772 ALAMO GROUP ANNOUNCES RECORD 2023 FOURTH QUARTER AND YEAR END RESULTS SEGUIN, Texas, February 22, 2024 -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2023. Highlights • Ninth consecutive quarterly record for sales and earnings • Fourth quarter net sales of $417.5 million, up 8% • Fourth quarter operating inco ...
4 Farm Equipment Stocks to Watch Amid Industry Challenges
Zacks Investment Research· 2024-01-30 16:55
Despite weak commodity prices and high costs marring the near-term outlook of the Zacks Manufacturing - Farm Equipment industry, it will gain from sustained demand for agricultural equipment required to feed a growing population.Major players like Deere (DE) , Kubota (KUBTY) , Alamo Group (ALG) and Lindsay (LNN) are well-poised to benefit from this demand by expanding their product offerings. The industry’s emphasis on revolutionizing agriculture with technology to make farming automated and more precise is ...