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Valmont Industries, Inc. - VMI STOCK NEWS

Welcome to our dedicated page for Valmont Industries news (Ticker: VMI), a resource for investors and traders seeking the latest updates and insights on Valmont Industries stock.

Valmont Industries, Inc. (VMI) is a globally recognized leader in the design and manufacturing of poles, towers, and structures for a variety of markets, including lighting, traffic, wireless communication, and utilities. The company also excels in providing protective coating services to preserve metal products. Beyond infrastructure, Valmont is a pioneer in mechanized irrigation equipment, which plays a crucial role in enhancing agricultural productivity while conserving natural water resources. Additionally, Valmont produces a wide range of tubing for commercial and industrial applications.

Operating through two primary segments, Infrastructure and Agriculture, Valmont generates the majority of its revenue from its Infrastructure segment. This segment focuses on creating and distributing products and solutions that cater to utility, renewable energy, lighting, transportation, telecommunications, and coatings services. Geographically, the company derives most of its revenue from North America, underlining its strong presence in the region.

Valmont Industries is not just about producing high-quality products; it also emphasizes sustainability and innovation. Through its advanced irrigation solutions, the company supports sustainable agriculture by optimizing water use and increasing crop yields. These initiatives are vital for addressing global food security challenges.

Recently, Valmont has made significant strides in expanding its operations and forming strategic partnerships, further solidifying its position as a market leader. The company continually invests in research and development to stay ahead of industry trends and meet the evolving needs of its customers.

Financially, Valmont Industries remains robust, with consistent revenue growth and a stable market position. The company's commitment to innovation, sustainability, and quality makes it a reliable choice for investors looking to diversify their portfolios with a company that has a strong track record and promising future prospects.

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Valmont Industries (NYSE: VMI), a global leader in infrastructure and agricultural technology, will host its second quarter 2024 earnings call on July 25, 2024, at 8:00 a.m. CT. The earnings release will be issued on July 24, 2024, after market close. The call will feature President and CEO Avner M. Applbaum and Interim CFO Timothy P. Francis. Investors can access the live call via phone or webcast, with a slide presentation available for download. A replay will be accessible three hours post-call and remain available until August 1, 2024, at 10:59 p.m. CT.

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Valmont Industries has published its 2024 Sustainability Report, the ninth since 2015. Highlighting significant advancements in infrastructure and agricultural productivity, the report outlines the company's progress towards its 2025 environmental goals using a 2018 baseline. Notable achievements include a reduction in carbon intensity from 78.13 CO2 MT/$M to 43.96 MT/$M and a 46% decrease in normalized electricity usage. The company also reported a 13.5% reduction in Total Recordable Incident Rate (TRIR) for safety metrics. Valmont's commitment to sustainability is integrated into its business model, driving operational efficiencies, reducing costs, and creating competitive advantages.

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Valmont Industries (NYSE: VMI) announced its participation in two key investor conferences in June 2024. Timothy P. Francis, Interim CFO, and Renee Campbell, SVP Investor Relations and Treasurer, will represent the company at the Stifel 2024 Cross Sector Insight Conference on June 4, 2024, including a fireside chat at 2:00 PM CT. Additionally, Avner M. Applbaum, CEO, and Timothy P. Francis will present at the William Blair & Company 44th Annual Growth Stock Conference on June 5, 2024, at 4:00 PM CT. Both events will feature live audio webcasts accessible through Valmont's investor relations website. Replays will be available for 90 days post-event.

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Valmont Industries, a global leader in vital infrastructure and agricultural productivity, declared a quarterly dividend of $0.60 per share, with an annual rate of $2.40 per share.

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Valmont Industries, Inc. reported strong Q1 2024 financial results, with reduced sales but expanded margins. Infrastructure segment saw continued utility market demand, while Agriculture faced lower sales due to normalized backlog levels. Operating income increased by 11%, diluted EPS grew by 24.5%, and the company repurchased 96,200 shares.

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Valmont Industries, Inc. (NYSE: VMI) will host its first quarter 2024 earnings conference call on May 2, 2024, with Avner M. Applbaum, President, and CEO, and Timothy P. Francis, Interim CFO. The call will discuss first quarter results, accessible via telephone or webcast. A slide presentation will be available for download on valmont.com.
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Valmont Industries, Inc. (NYSE: VMI) declares a quarterly dividend of $0.60 per share, showcasing an annual rate of $2.40 per share, to be paid on April 15, 2024, to shareholders of record on March 29, 2024.
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Valmont Industries, Inc. (VMI) reports solid financial results for Q4 2023 and FY 2023, highlighting successful pricing strategies, operational efficiencies, and strong cash flows. President Applbaum discusses lower sales volumes, but increased gross profit margins. The company sets 2024 financial outlook and long-term financial targets, focusing on sustainability, profitability, and shareholder value enhancement.
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Valmont Industries, Inc. (VMI) will host its fourth quarter and full year 2023 earnings conference call on February 22, 2024. The live audio discussion with the President and CEO, Avner M. Applbaum, and Interim CFO, Timothy P. Francis, will be accessible by telephone or webcast. The news release outlining the results will be distributed on February 21, 2024, after market close. A slide presentation will be available for download on the Investors page of valmont.com. A replay of the event will also be accessible for a limited time.
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Valmont Industries, a global leader in vital infrastructure and agricultural productivity (NYSE: VMI), announced its participation in the CJS Securities New Ideas for the New Year Conference. President and CEO Avner M. Applbaum and Interim CFO Timothy P. Francis will host virtual investor meetings on January 10, 2024, including a fireside chat at 3:05 PM EST. A live webcast and replay will be available on the Valmont Investors page.
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FAQ

What does Valmont Industries, Inc. do?

Valmont Industries, Inc. designs and manufactures poles, towers, and structures for lighting, traffic, wireless communication, and utility markets. They also provide protective coating services and lead in mechanized irrigation equipment for agriculture.

What are the main business segments of Valmont Industries?

Valmont operates through two main segments: Infrastructure and Agriculture. The Infrastructure segment generates the majority of the company's revenue.

Where does Valmont Industries generate most of its revenue?

Valmont Industries derives most of its revenue from North America.

What kind of products does Valmont's Infrastructure segment offer?

The Infrastructure segment offers products and solutions for utility, renewable energy, lighting, transportation, and telecommunications markets. It also provides coatings services to preserve metal products.

How does Valmont contribute to sustainable agriculture?

Valmont contributes to sustainable agriculture through its mechanized irrigation equipment, which enhances food production while conserving natural water resources.

Is Valmont Industries involved in any recent projects or partnerships?

Yes, Valmont has made significant strides in expanding its operations and forming strategic partnerships, solidifying its market leader position.

How does Valmont Industries ensure product quality?

Valmont invests in research and development to stay ahead of industry trends and meet the evolving needs of its customers, ensuring high-quality products.

What makes Valmont Industries a good investment?

Valmont's commitment to innovation, sustainability, and quality, along with consistent revenue growth and a stable market position, makes it a reliable investment choice.

What industries does Valmont's tubing products serve?

Valmont's tubing products serve a variety of commercial and industrial applications.

How does Valmont Industries support renewable energy?

Valmont's Infrastructure segment includes products and solutions for the renewable energy market, supporting the shift towards sustainable energy sources.

Valmont Industries, Inc.

NYSE:VMI

VMI Rankings

VMI Stock Data

5.58B
20.19M
1.94%
92.45%
2.57%
Fabricated Structural Metal Manufacturing
Manufacturing
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United States of America
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