secwatch.observer — SEC 8-K summary
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Issuer:     ALAMO GROUP INC (ALG)
CIK:        0000897077
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0000897077-21-000158
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alamo Group Q3 2021: EPS $1.47 (down 13%), sales up 16% to $338M, backlog $645M
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- Net income $17.5M ($1.47 diluted EPS) down 13% from $20.0M ($1.69) in Q3 2020.
- Sales $338.3M up 16% YoY; adjusted operating income $31.1M down 2%.
- Industrial Division op income fell 17% to $16.0M despite 12% sales growth.
- Agricultural Division sales up 25% to $119.3M, op income up 21% to $14.1M.
- Backlog $645.1M (+154%); debt reduced $20.7M; Timberwolf acquisition completed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897077/000089707721000158/0000897077-21-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897077/000089707721000158/alg-20211103.htm
  HTML page:      https://secwatch.observer/filing/0000897077-21-000158

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer