Alamo Group posts recast quarterly segment data for 2021 reflecting new reporting structure

ALAMO GROUP INC

Vegetation Management segment: Q1 sales $183.9M (op inc $16.8M) to Q4 sales $204.3M (op inc $18.1M).
Industrial Equipment segment: Q1 sales $127.3M (op inc $8.7M) to Q4 sales $132.8M (op inc $9.7M).
Consolidated 2021 sales ranged $311.2M-$347.6M per quarter; operating income $25.4M-$33.6M.
Goodwill at year-end 2021: Vegetation Mgmt $133.0M, Industrial Equip $69.4M.
Total identifiable assets at Dec 31, 2021: $1,205.7M (Vegetation $789.8M, Industrial $415.9M).

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