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Dec 28, 2019
Valmont Q4 2019 Earnings Report
Valmont's Q4 2019 earnings were reported, with a correction to the Utility Support Structures segment backlog.
Key Takeaways
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.
Valmont reported Q4 and full year 2019 earnings.
A correction was issued for the Utility Support Structures segment backlog.
The corrected Utility Support Structures segment backlog for the fiscal year ended December 28, 2019 is $615.0 million.
The adjustment did not impact Valmont's 2020 outlook on net sales or earnings per share.