Alamo group - Articles

Citing Pent Up Demand, Alamo Expects Pick Up in Ag Sales

October 2, 2020 | Posted in Equipment & Equipment Sales

During the Colliers International Securities 2020 Investor Conference last month, managers from the Alamo Group said they’re seeing the effect of several years of pent up demand and as result are anticipating improvement in ag equipment sales going forward.

Other Ag Equipment 2Q20 Earnings Reports

August 15, 2020 | Posted in Earnings Reports

In addition to the earnings reports covered in this issue, other equipment ag manufacturers released earnings for the second quarter 2020 in recent weeks.

Alamo Group’s 2Q20 Sales Slip 5.8%; Ag Down 5%

July 30, 2020 | Posted in Earnings Reports

Alamo Group reported its net sales during the second quarter 2020 declined 5.8% to $268.6 million from $285.2 million during the same period in 2019.

Alamo Group Reports 1Q20 Sales Up 20%

May 8, 2020 | Posted in Earnings Reports

The company reported record net income for the first quarter of 2020 of $15.5 million, up 1.8%. It also reached record net sales for the first quarter of 2020 of $314.4 million, up 20%.

Alamo Group to Close Several Manufacturing Sites Following COVID-19 Disruptions

March 27, 2020 | Posted in Ag Equipment Business

Alamo Group has announced several of its manufacturing operations are either temporarily closed or reducing their level of production due to repercussions from the COVID-19 pandemic.

Deere, CNHI Announce Measures to Minimize Impact of COVID-19 and a ‘Bigger Picture’ View of Its Economic Impacts

March 12, 2020 | Posted in Ag Equipment Business

Ag equipment manufacturers are taking steps to combat the spread of the coronavirus, officially referred to as COVID-19. Deere & Co., CNH Industrial, Alamo Group and others have all commented on planned actions and expected impacts as a result of the spread of the virus.

On the Record

CNH Industrial Reports Falling Ag Sales, Acquires K-Line & ATI

By Kim Schmidt posted on November 8, 2019

The latest episode of On the Record is now available! CNH Industrial made a lot of news recently, including its latest earnings report, acquisitions of K-Line and ATI, and joining up with Deere, Claas and 365FarmNet. In the Technology Corner, Jack Zemlicka discusses Raven’s recent acquisition of two autonomy companies. Also in this episode, we review Rocky Mountain Dealership’s latest earnings, as well the earnings for Alamo and AGCO. Associate Research Editor Ben Thorpe shares an update on USDA’s interim hemp guidelines.

Alamo Group Reports 3Q19 Net Sales Increased 5.5%; Ag down 2.7%

October 31, 2019 | Posted in Earnings Reports

Alamo Group Inc. (ALG) reported record net sales for a third quarter of $271.8 million, up 5.5% for the third quarter ended Sept. 30, 2019. By operating segment Industrial Division net sales of $158.5 million were up 1.1%; Agricultural Division net sales of $59.8 million were down 2.7%; European Division net sales of $53.5 million, up 35.9%.

Alamo Group Enters Agreement to Acquire Morbark

September 12, 2019 | Posted in Mergers & Acquisitions

Alamo Group Inc. announced that it has entered into an agreement to acquire 100% of the outstanding capital shares of Morbark, LLC, a leading manufacturer of equipment and aftermarket parts for forestry, tree maintenance, biomass, land management and recycling markets.

Alamo Group Acquires Dixie Chopper Business

August 6, 2019 | Posted in Mergers & Acquisitions

Alamo Group (NYSE: ALG) announced that it has acquired the assets of the Dixie Chopper business from Textron Outdoor Power Equipment. Dixie Chopper manufactures a wide range of commercial and high end residential mowing equipment.

Articles Tagged with ''Alamo Group''

Citing Pent Up Demand, Alamo Expects Pick Up in Ag Sales

Other Ag Equipment 2Q20 Earnings Reports

Alamo Group’s 2Q20 Sales Slip 5.8%; Ag Down 5%

Alamo Group Reports 1Q20 Sales Up 20%

Alamo Group to Close Several Manufacturing Sites Following COVID-19 Disruptions

Deere, CNHI Announce Measures to Minimize Impact of COVID-19 and a ‘Bigger Picture’ View of Its Economic Impacts

CNH Industrial Reports Falling Ag Sales, Acquires K-Line & ATI

Alamo Group Reports 3Q19 Net Sales Increased 5.5%; Ag down 2.7%

Alamo Group Enters Agreement to Acquire Morbark

Alamo Group Acquires Dixie Chopper Business

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