Alamo Group’s net sales for the third quarter of 2021 were $338.3 million compared to net sales of $291.8 million in the third quarter of 2020, an increase of 16%. Net income for the quarter was $17.5 million compared to $20 million, a decrease of 13%.
For the first 9 months of 2021, net sales were $997.1 million compared to $874.8 million in the previous year’s first 9-month period, an increase of 14%. Net income…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
