Alamo’s Ag Sales Improve

Alamo Group recently reported financial results for the second quarter ending June 30.

Net sales for agriculture equipment increased by 4.6 percent over the same quarter last year. In the first six months of this year, Alamo’s net sales of agriculture equipment increased by 5.5 percent over last year.

President and CEO Ron Robinson said the company believes it is “finally starting to see some improvement in parts of the agricultural market. Though these indications are modest and spotty, we feel this bodes well for the division’s results for the rest of the year and into 2018.”

The company reported record net income for the quarter of $12.3 million—a 16.6 percent increase.

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