secwatch.observer — SEC 8-K summary
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Issuer:     ALAMO GROUP INC (ALG)
CIK:        0000897077
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0000897077-22-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897077/000089707722000003/0000897077-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897077/000089707722000003/alg-20220224.htm
  HTML page:      https://secwatch.observer/filing/0000897077-22-000003

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