Alamo Group Announces 2Q Results

Alamo Group Inc., Seguin, TX, reported results for the second quarter ended June 30. North American Ag Division sales were $19.3 million in the second quarter of 2009, versus $32.8 million in the same period of 2008. For the first six months of 2009, division sales were $43.1 million, compared to $65.3 million in 2008.

Alamo’s European Division reported sales of $47.9 million in the second quarter of 2009, compared to $46.9 million in the second quarter of 2008. For the first half of 2009, division sales were $91.1 million, versus $85.6 million in the same period of 2008.

The company’s acquisition of Rivard
Developpement SAS in 2008, which is included the results, added $15.9 million to European sales in the second quarter, and $29.8 million to the first six month’s sales.