Alamo Group Inc. Announces Fourth Quarter And Year End 2020 Earnings Conference Call

Rhea-AI Summary

Alamo Group (NYSE: ALG) will report its fourth quarter and year-end 2020 financial results after market close on February 25, 2021. A conference call for discussion will be held on February 26, 2021, at 11:00 a.m. ET. Participants can join via phone or listen online on Alamo's website. The company, established in 1969, specializes in high-quality equipment for infrastructure maintenance and agriculture, operating 27 plants globally with approximately 3,950 employees. Forward-looking statements include risks related to market demand and supply chain disruptions due to COVID-19.

Positive

• Alamo Group operates 27 plants across North America, Europe, Australia, and Brazil, indicating a broad operational footprint.
• The company has approximately 3,950 employees, showcasing its substantial workforce.

Negative

• Forward-looking statements highlight risks such as declining customer demand, sales and profitability declines, and supply chain disruptions due to COVID-19.

SEGUIN, Texas, Feb. 18, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the fourth quarter and year end 2020 after the market closes on Thursday, February 25, 2021. The Company will host a conference call to discuss the results on Friday, February 26, 2021 at 11:00 a.m. ET. Hosting the call will be members of senior management.

Individuals wishing to participate in the conference call should dial 800-437-2398 (domestic) or 929-477-0577 (international). For interested individuals unable to join the call, a replay will be available until Friday, March 05, 2021 by dialing 888-203-1112 (domestic) or 719-457-0820 (internationally), passcode 6872067.

The live broadcast of Alamo Group Inc.'s quarterly conference call will be available online at the Company's website, www.alamo-group.com (under "Investor Relations/Events & and Presentations") on Friday, February 26, 2021, beginning at 11:00 a.m. ET. The online replay will follow shortly after the call ends and will be archived on the Company's website for 60 days.

About Alamo Group 
Alamo Group is a leader in the design, manufacture, distribution and service of high quality equipment for infrastructure maintenance, agriculture and other applications. Our products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements, forestry equipment and related after-market parts and services. The Company, founded in 1969, has approximately 3,950 employees and operates 27 plants in North America, Europe, Australia and Brazil as of September 30, 2020.  The corporate offices of Alamo Group Inc. are located in Seguin, Texas.

Forward Looking Statements 
This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: overall market demand, continuing impacts from the COVID-19 pandemic including more significant supply chain disruptions, further reductions in customer demand, sales and profitability declines, operational disruptions, full or partial facility closures, and other similar impacts, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company's SEC reports.  The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date.

 

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SOURCE Alamo Group Inc.

FAQ

When will Alamo Group announce its fourth quarter and year-end 2020 earnings?

Alamo Group will announce its earnings after market close on February 25, 2021.

When is the conference call to discuss Alamo Group's financial results?

The conference call will be held on February 26, 2021, at 11:00 a.m. ET.

How can I listen to Alamo Group's earnings conference call?

The call can be accessed by dialing 800-437-2398 (domestic) or 929-477-0577 (international) and will also be broadcast live on their website.

What are the main risks mentioned by Alamo Group in their forward-looking statements?

Risks include market demand fluctuations, impacts from COVID-19, supply chain disruptions, and competition.