secwatch.observer — SEC 8-K summary
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Issuer:     ALAMO GROUP INC (ALG)
CIK:        0000897077
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0000897077-23-000008
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 and FY 2022 results; EPS up 52% in Q4
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- Q4 net sales $386.6M (+15% YoY); net income $29.2M ($2.44 diluted EPS), up 52%.
- Full year net sales $1.5B (+13%); net income $101.9M ($8.54 diluted EPS), up 27%.
- Record EBITDA $195.9M (+21%); backlog exceeds $1.0B, up 26% from year-end 2021.
- Vegetation Management Q4 operating income $30.2M (+67%); Industrial Equipment $12.5M (+28%).
- CEO cites strong demand, improved pricing, supply chain easing; backlog provides visibility for H1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897077/000089707723000008/0000897077-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897077/000089707723000008/alg-20230223.htm
  HTML page:      https://secwatch.observer/filing/0000897077-23-000008

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