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Valmont

Shortliner News 

Valmont Reports Q4 and Fiscal Year Earnings

February 27, 2023March 7, 2023 Gina Clark Valmont, Q4 Earnings

Valmont Industries, Inc. has reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

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Manufacturing Shortliner Member 

Valmont Reports Q2 Results

July 21, 2022July 27, 2022 Vernon Schmidt Valmont

Record Net Sales of $1.1 billion increased 26.9% – Operating Income increased to $118.7 million, or 10.5% of net sales ($122.9 million or 10.8% adjusted1) compared to $82.6 million or 9.2% of net sales ($90.9 million or 10.2% adjusted1)

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Shortliner News Member 

Valmont Expects Huge Increase in Irrigation Sales

August 3, 2021August 3, 2021 Kristi Ruggles Earnings Report, Valmont

In its irrigation segment, the company reported a 57.6 percent increase in sales compared to 2020.

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Shortliner News Member 

Valmont to Acquire Prospera

May 18, 2021May 18, 2021 Kristi Ruggles Valmont, Prospera

The announcement said the transaction will create the largest global, vertically-integrated AI company in agriculture.

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Shortliner News Member 

Valmont: Double-Digit Sales Increases, Record Backlog

May 4, 2021May 4, 2021 Kristi Ruggles Earnings Report, Valmont

In its second quarter outlook, Valmont expects net sales to increase by 17 to 20 percent compared to last year.

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Shortliner News Member 

Valmont Secures $240 Million Project in Africa

September 29, 2020September 29, 2020 Kristi Ruggles Valmont, Africa

It will become the largest connected irrigation project on the planet.

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Shortliner News Member 

North American Irrigation Sales Stable for Valmont

March 3, 2020March 3, 2020 Kristi Ruggles Earnings Report, Valmont

CEO Stephen Kaniewski said even “with the impact of muted net farm income and trade uncertainty, our North American irrigation business performed well, supported by higher sales of advanced technology solutions.”

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Shortliner 

Valmont Invests in Asia, Acquires AgSense

January 12, 2020January 12, 2020 Kristi Ruggles Valmont, AgSense, Kazakhstan

Valmont Industries has signed an agreement with Kazakhstan to invest in a new plant to produce irrigation systems in the Asian nation. The company also has agreed to acquire the remaining 49 percent stake in AgSense.

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