SEGUIN, Texas (AP) — SEGUIN, Texas (AP) — Alamo Group Inc. (ALG) on Wednesday reported second-quarter profit of $31.1 million.
On a per-share basis, the Seguin, Texas-based company said it had profit of $2.57.
The maker of road maintenance, industrial and farm equipment posted revenue of $419.1 million in the period.
Alamo Group shares have climbed 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $224.77, a climb of 31% in the last 12 months.
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