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Valmont Reports Second Quarter 2021 Results and Increases 2021 Full-Year Guidance
July 21, 2021 GMT
OMAHA, Neb. (BUSINESS WIRE) Jul 21, 2021
Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today reported financial results for the second quarter ended June 26, 2021.
Second Quarter 2021 Highlights
(all metrics compared to Second Quarter 2020 unless otherwise noted)
Record Net Sales of $894.6 million, an increase of 29.9% with growth in all segments, led by significantly higher sales in Irrigation and Utility Support Structures
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Valmont Industries Inc. (VMI) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Valmont Industries Inc. (NYSE: VMI)
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Greetings and welcome to the Valmont Industries First Quarter 2021 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to introduce your host, Ms. Renee Campbell, Vice President of Investor Relations and Corporate Communications. Thank you, ma am. You may begin.SPONSORED:
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Press release content from Business Wire. The AP news staff was not involved in its creation.
Valmont Reports Fourth Quarter and Full Year 2020 Results
February 17, 2021 GMT
OMAHA, Neb. (BUSINESS WIRE) Feb 17, 2021
Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today reported financial results for the fourth quarter and fiscal year ended December 26, 2020.
Fourth Quarter 2020 Highlights
(all metrics compared to Fourth Quarter 2019 unless otherwise noted)
Net Sales of $798.4 million increased 16.8% led primarily by significantly higher sales in Irrigation and Utility Support Structures
Operating Income of $54.1 million, or 6.8% of sales ($68.8 million or 8.6% of sales adjusted 1 ) compared to $50.8 million or 7.4% of sales last year
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