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.

Total Revenue
$684M
Previous year: $697M
-2.0%
EPS
$1.66
Previous year: $1.87
-11.2%
Gross Profit
$171M
Previous year: $150M
+14.1%
Cash and Equivalents
$354M
Previous year: $313M
+12.9%
Free Cash Flow
$42.9M
Previous year: $61.9M
-30.6%
Total Assets
$2.81B
Previous year: $2.53B
+10.9%

Valmont

Valmont