SEGUIN, Texas (AP) — SEGUIN, Texas (AP) — Alamo Group Inc. (ALG) on Thursday reported fourth-quarter earnings of $28.1 million.
On a per-share basis, the Seguin, Texas-based company said it had profit of $2.33. Earnings, adjusted for non-recurring costs, were $2.39 per share.
The maker of road maintenance, industrial and farm equipment posted revenue of $385.3 million in the period.
For the year, the company reported profit of $115.9 million, or $9.63 per share. Revenue was reported as $1.63 billion.
Alamo Group shares have decreased almost 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $184.26, a fall of nearly 9% in the last 12 months.
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