Alamo Group Inc. Announces Third Quarter 2020 Earnings Conference Call

Rhea-AI Summary

Alamo Group Inc. (NYSE: ALG) will release its third-quarter 2020 financial results post-market on October 28, 2020. A conference call led by senior management will occur on October 29, 2020, at 3:00 p.m. ET to discuss these results. Interested participants can join via phone or listen to an online replay on the company’s website. Alamo Group specializes in manufacturing equipment for infrastructure maintenance and agriculture, operating globally with around 4,070 employees across 30 plants as of June 30, 2020.

Positive

• Alamo Group is set to release its third-quarter financial results, providing insights into its performance.
• The company maintains a global presence with 30 plants, indicating strong operational capacity.

Negative

• The forward-looking statements highlight risks related to COVID-19, including potential supply chain disruptions and reduced customer demand.
• The company warns of possible declines in sales and profitability.

SEGUIN, Texas, Oct. 21, 2020 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the third quarter 2020 after the market closes on Wednesday, October 28, 2020. The Company will host a conference call to discuss the results on Thursday, October 29, 2020 at 3:00 p.m. ET. Hosting the call will be members of senior management.

Individuals wishing to participate in the conference call should dial 800-367-2403 (domestic) or 334-777-6978 (international). For interested individuals unable to join the call, a replay will be available until Tuesday, November 03, 2020 by dialing 888-203-1112 (domestic) or 719-457-0820 (internationally), passcode 1987728.

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 Thursday, October 29, 2020, beginning at 3:00 p.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 4,070 employees and operates 30 plants in North America, Europe, Australia and Brazil as of June 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.

View original content:http://www.prnewswire.com/news-releases/alamo-group-inc-announces-third-quarter-2020-earnings-conference-call-301157313.html

SOURCE Alamo Group Inc.

FAQ

When will Alamo Group release its third-quarter 2020 earnings?

Alamo Group will release its third-quarter 2020 earnings after the market closes on October 28, 2020.

What is the date and time for Alamo Group's earnings conference call?

The earnings conference call will take place on October 29, 2020, at 3:00 p.m. ET.

How can I participate in the Alamo Group earnings call?

Participants can dial 800-367-2403 for domestic or 334-777-6978 for international access.

What risks does Alamo Group face according to the press release?

The company faces risks from COVID-19 impacts, including supply chain disruptions, reduced customer demand, and potential declines in profitability.