Alamo Group Report Q2 Results

The Company’s Agricultural Division net sales in the second quarter of 2021 were $116.3 million compared to $86.4 million in the prior year’s second quarter, an increase of 35%.  The Division’s income from operations for the quarter was $13.7 million compared to $8.8 million in 2020, an increase of 56%. For the first six months of 2021, the Agricultural Division’s net sales were $215.6 million versus $170.9 million in the prior year, an increase of 26%.  The Division’s income from operations for the first six months of 2021 was $23.0 million compared to $14.3 million in the prior year, an increase of 61%.