Alamo Group reports record Q1 sales $362M, EPS $1.55; backlog up 102.8%

ALAMO GROUP INC

2022-Q1 EPS reported $1.55 revenue$362,005,000

Net sales $362.0M (+16.3% YoY); record quarterly sales.
Diluted EPS $1.55; adjusted EPS $1.63, up 11.4% YoY.
Vegetation Mgmt sales $221M (+20.2%); Industrial Equip $141M (+10.8%).
Backlog $917.8M, up 102.8% vs prior year; order demand strong.
Supply chain disruptions and cost inflation persist; no near-term relief expected.

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