Alamo Group reports record Q4 2021; EPS $1.62 (+107.7% YoY), sales $337.2M (+16.8%)

ALAMO GROUP INC

2021-FY EPS reported $6.75 revenue$1,334,223,000

Q4 net sales $337.2M (+16.8% YoY); Vegetation Management sales up 27.4%, Industrial Equipment up 3.6%.
Record Q4 diluted EPS $1.62 vs $0.78 prior year; net income $19.2M (+107.8%).
Full year 2021 net sales $1.3B (+14.7%); diluted EPS $6.75 (+38.3% YoY); adjusted net income $81.1M.
Record year-end backlog $800.8M (+126.2% vs prior year); Q4 order bookings set a company record.
Supply chain disruptions, cost inflation, and labor shortages persisted; steel prices began to moderate in Q4.

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