Alamo Group Inc Stock Price, News & Analysis

Alamo Group (NYSE: ALG) reported strong Q2 2025 results with net sales of $419.1 million, up 0.7% year-over-year. The company's Industrial Equipment Division showed impressive organic growth of 17.6% with sales of $240.7 million, while the Vegetation Management Division saw a 15.7% decline but improved 8.8% sequentially.

Net income reached $31.1 million ($2.57 per diluted share), up 9.8% from Q2 2024. Operating margin improved to 11.2%, an 83 basis point increase. The company maintains a strong backlog of $687.2 million and significantly reduced its net debt to just $11.3 million. During the quarter, ALG acquired Ring-O-Matic, expanding its vacuum excavation equipment portfolio.

The company expects continued operational improvements and growth through 2025, driven by strong Industrial Equipment Division performance and anticipated recovery in Vegetation Management.

Alamo Group (NYSE:ALG) has scheduled its second quarter 2025 earnings conference call for Thursday, August 7, 2025, at 8:30 a.m. ET. The company will release its financial results after market close on Wednesday, August 6, 2025.

Senior management will host the call, which investors can access by dialing 1-833-816-1163 (domestic) or 1-412-317-1898 (international). A replay will be available until August 14, 2025. The call will also be broadcast live on the company's website and archived for 60 days.

Alamo Group (NYSE: ALG) announced that its Board of Directors has declared a quarterly dividend of $0.30 per share. The dividend will be paid on July 29, 2025, to shareholders of record as of the close of business on July 16, 2025.

Alamo Group Inc. (NYSE: ALG) has completed the acquisition of Ring-O-Matic, Inc., a leading industrial vacuum excavation equipment manufacturer based in Pella, Iowa. The acquisition was funded using existing cash reserves and is subject to standard net working capital closing adjustments.

Ring-O-Matic, established in 1960, specializes in manufacturing trailer-mounted and custom truck-mounted excavation and vacuum units for applications including hydro excavation, utility infrastructure digging, trenching, sewer jetting, and storm drain cleaning. The company reported annual revenue of approximately $25 million in 2024.

The strategic acquisition aligns with Alamo Group's market share expansion strategy through successful business acquisitions that complement their current product offerings. The company expects to achieve both cost and revenue synergies through effective integration of Ring-O-Matic's product portfolio into their existing lineup.

Alamo Group (NYSE: ALG) reported Q1 2025 financial results with net sales of $391.0 million, down 8.1% year-over-year but up 1.5% from Q4 2024. The Industrial Equipment Division showed strong performance with sales up 12.5% to $227.1 million, while Vegetation Management Division sales declined 26.8% to $163.9 million. Net income was $31.8 million with EPS of $2.64. Operating margin improved to 11.4%, and total debt net of cash was reduced by 91.7% to $16.5 million. The company's backlog remained healthy at $702.7 million, up 5.1% from year-end 2024. Management expressed cautious optimism for future quarters, citing rising backlog, stable to rising markets, and improved cost structure following 2024's consolidation efforts.

Alamo Group (NYSE: ALG) has scheduled its first quarter 2025 earnings conference call for Friday, May 9, 2025, at 10:00 a.m. ET. The company will release its Q1 2025 financial results after market close on Thursday, May 8, 2025. Senior management will host the call, which will be accessible via phone by dialing 1-833-816-1163 (domestic) or 1-412-317-1898 (international).

A replay will be available until May 16, 2025, through domestic (1-877-344-7529) and international (1-412-317-0088) numbers using passcode 3570057. The live broadcast and 60-day replay will also be available on the company's website under the Investor Relations section.

Alamo Group (NYSE: ALG) has announced its quarterly dividend declaration. The Board of Directors has approved a dividend payment of $0.30 per share. The dividend will be paid on April 29, 2025, to shareholders who are recorded in the company's books at the close of business on April 16, 2025.

Alamo Group (NYSE: ALG) reported Q4 2024 results with net sales of $385.3 million, down 7.7% year-over-year. The Industrial Equipment Division saw 11% growth with sales of $225.5 million, while Vegetation Management Division declined 25.5% to $159.8 million.

Full-year 2024 performance showed net sales of $1.629 billion, a 3.6% decrease from 2023. Net income was $115.9 million with EPS of $9.63. The company achieved strong cash flow of $209.8 million through disciplined inventory management, reducing total debt net of cash by 87.3% to $23.2 million.

Notable developments include:

• Implementation of cost reduction initiatives expected to deliver $25-30 million in annual savings
• 15% increase in quarterly dividend from $0.26 to $0.30 per share
• Year-end backlog of $668.6 million
• 14% reduction in staffing levels compared to 2023

Alamo Group (NYSE: ALG) has announced its upcoming fourth quarter and year-end 2024 financial results release, scheduled for Thursday, February 27, 2025, after market close. The company will host a conference call to discuss these results on Friday, February 28, 2025, at 10:00 a.m. ET, featuring senior management.

Participants can join the call using the following dial-in numbers: 1-833-816-1163 (domestic) or 1-412-317-1898 (international). A replay will be available until March 7, 2025, accessible at 1-877-344-7529 (domestic) or 1-412-317-0088 (international) using passcode 8958542. The live broadcast will also be available online at the company's website, with a 60-day archive period.