Valmont Earnings Reports

Valmont Industries reported a 2.1% year-over-year increase in net sales, reaching $1.04 billion. Operating income surged by 88.8% to $120.0 million, and diluted EPS increased significantly to $3.84. Strong operational efficiencies and pricing strategies contributed to improved profitability.

Valmont Industries reported a decrease in net sales by 2.9% to $1.0 billion, but increased operating income to $125.7 million. The company generated strong operating cash flows of $225.1 million and reaffirmed its full-year financial outlook.

Valmont Industries reported second-quarter results with net sales of $1.0 billion, operating income increasing by 10.2% to $147.3 million, and diluted earnings per share growing 16.6% to $4.91. The company is raising its full-year 2024 diluted EPS guidance to $16.50 to $17.30.

Valmont Industries reported a decrease in net sales by 8.0% to $1.0 billion, but increased operating income by 11.0% to $131.6 million. Diluted earnings per share grew 24.5% to $4.32. The company also raised its full-year 2024 guidance, reflecting confidence in its strategies and market conditions.

Valmont Industries reported Q4 2023 results in line with expectations, with net sales decreasing by 10.3% to $1.0 billion. The company expanded gross profit margins through successful pricing strategies and improved operational efficiencies. Strong operating cash flows were generated, and cash and cash equivalents at the end of the quarter were $203.0 million.

Valmont Industries reported a decrease in net sales by 4.3% to $1.1 billion, but the adjusted net sales only decreased by 2.3% after accounting for the divestiture of the offshore wind energy structures business. The company faced an operating loss of $24.2 million due to impairment charges, but adjusted operating income increased by 5.9%. Diluted loss per share was ($2.34), but adjusted EPS was $4.12, an 18.1% increase. Strong operating cash flow generation was a highlight, and the company updated its full-year financial outlook.

Valmont Industries reported a decrease in net sales by 7.9% to $1.0 billion, but demonstrated strong performance through expanded operating margins and record earnings per share of $4.21. The company's operating income increased by 12.6% to $133.7 million, representing 12.8% of net sales. Despite softer demand in North America agriculture and telecommunications markets, Valmont maintained disciplined pricing strategies and solid execution by global teams.

Valmont Industries reported record first-quarter results, with net sales reaching $1.1 billion, an 8.3% increase year-over-year. Operating income increased by 24.9% to $118.5 million, and diluted EPS grew to $3.47. The company also raised its full-year earnings guidance, reflecting confidence in continued growth and market demand.

Valmont Industries reported strong Q4 2022 results with record net sales of $1.1 billion, a 17.5% increase year-over-year. Operating income increased by 116.2% to $109.7 million. Diluted EPS was reported at $1.86 ($3.57 adjusted). The company also provided a positive 2023 full-year net sales and EPS guidance.

Valmont Industries reported record third quarter net sales of $1.1 billion, a 26.3% increase compared to the same period last year. Operating income increased by 44.3% to $110.0 million, and diluted earnings per share reached a record $3.34.

Valmont Industries reported record second-quarter results, with net sales reaching $1.1 billion, a 26.9% increase year-over-year, and diluted earnings per share of $3.53, compared to $2.89 in the same quarter last year. The company's strong performance led to an increased full-year financial outlook.

Valmont Industries reported a strong first quarter in 2022, achieving record net sales of $980.8 million, a 26.6% increase compared to the first quarter of 2021. The company's diluted earnings per share (EPS) also reached a record of $2.90 ($3.07 adjusted).

Valmont Industries reported a strong fourth quarter and full year 2021, achieving record annual sales of $3.5 billion. The company's Q4 net sales increased by 20.7% to $963.3 million, driven by growth in all segments, particularly Irrigation. Adjusted operating income grew by 24.4% year-over-year, and adjusted diluted earnings per share increased by 26.0%.

Valmont Industries reported record third-quarter net sales of $868.8 million, an 18.4% increase, with growth in all segments led by significantly higher Irrigation sales. Diluted earnings per share improved to $2.40 ($2.57 adjusted). The company is raising the bottom end of full-year GAAP diluted EPS guidance to a new range of $10.10 to $10.60.

Valmont Industries reported record second-quarter sales of $894.6 million, a 29.9% increase year-over-year. The company's operating income improved to $82.6 million, and diluted earnings per share (EPS) rose to $2.89. Valmont also increased its full-year net sales growth guidance from 9-14% to 16-19% and GAAP diluted EPS to $9.90-$10.60.

Valmont Industries reported a strong first quarter in 2021, with net sales increasing by 14.9% to $774.9 million and diluted earnings per share improving by 29.1% to $2.57. The company's performance was driven by higher sales in Irrigation and Utility Support Structures, and proactive pricing actions helped offset inflationary pressures.

Valmont Industries reported a 16.8% increase in net sales, led by Irrigation and Utility Support Structures. Diluted EPS improved to $1.68 ($2.20 adjusted). The company recognized a favorable tax rate and a record year-end backlog of over $1.1 billion.

Valmont Industries reported a 6.3% increase in net sales to $734.0 million, driven by strong Utility Support Structures segment sales and improved international market demand. Diluted earnings per share improved to $1.84, and the company generated strong operating cash flow of $122.3 million.

Valmont reported a decrease in net sales by 1.7% to $688.8 million, but experienced improved profitability in most segments. Operating income was $43.4 million, and diluted earnings per share were $1.06. The company generated strong operating cash flow of $88.3 million and completed two acquisitions in the Irrigation segment.

Valmont Industries reported a decrease in net sales by 2.6% to $674.2 million, but an increase in operating income by 22.5% to $66.9 million. Diluted earnings per share grew by 21.3% to $1.99. The company is withdrawing its 2020 financial outlook due to COVID-19 uncertainties.

Valmont reported its Q4 and full year 2019 earnings, with a subsequent correction regarding the Utility Support Structures segment backlog. The corrected backlog did not impact the previously announced 2020 outlook.