Detail akcie ALAMO GROUP online

Business Summary: Alamo Group Inc. is engaged in designing, manufacturing, distributing and providing services of equipment for vegetation management, infrastructure maintenance and other applications. The Company operates through two segments: Vegetation Management Division and Industrial Equipment Division. The Vegetation Management Division includes the operations of the mowing and forestry/tree care operations, Morbark and Dutch Power business units. The Industrial Equipment Division includes the Company’s vocational truck business and other industrial operations, such as excavators, vacuum trucks, street sweepers and snow removal equipment. Its products include tractor-mounted and self-propelled mowers, zero-turn mowers, agricultural implements, tree and branch chippers, forestry/wood recycling equipment, street and parking lot sweepers, leaf and debris collection equipment, pothole patchers, vacuum trucks, hydro-excavation equipment, telescopic boom excavators, and snow removal equipment.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Alamo Group, Inc. revenues decreased 1% to $841.9M. Net income decreased 13% to $60.4M. Revenues reflect Vegetation Management segment decrease of 16% to $435.3M, United States segment decrease of 2% to $589M, Australia segment decrease of 26% to $11.6M, Other segment decrease of 3% to $28M. Net income also reflects Vegetation Management segment income decrease of 48% to $37.7M.