Valmont Industries

Valmont Industries, Inc. engages in the designing and manufacturing of engineered fabricated metal products and service. It operates through the following four segments: Engineered Support Structures, Utility Support Structures, Irrigation, and Coatings. The Engineered Support Structures segment produces engineered access systems, highway safety products, and integrated structure solutions for smart cities. The Utility Support Structures segment manufactures steel and concrete pole structures for global utility transmission, distribution and generation platforms primarily in the U.S., and also produces steel energy generation structures and engineered solar tracking solutions sold outside the U.S. The Irrigation segment mechanized irrigation systems and provides water management solutions for large-scale production agriculture, and technology for precision agriculture. The Coatings segment provides global galvanizing, painting and anodizing services to preserve and protect metal products. The company was founded by Robert B. Daugherty in 1946 and is headquartered in Omaha, NE.

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Earnings data Q4 2024

Valmont Industries reports record sales and profitability, eyes growth opportunities

Valmont Industries delivered a strong performance in Q4 2022, achieving record sales and profitability across their Infrastructure and Agriculture segments.
Despite facing challenges such as market dynamics and digital transformation, the company remains confident in meeting their 2023 sales and earnings targets.
By leveraging strengths in operational excellence and global teamwork, Valmont is poised to capitalize on opportunities for growth through strategic investments and market positioning.

Valmont Industries achieves record Q1 results amidst global market growth

Valmont Industries' Q1 performance reflects strong growth across segments and a focus on operational efficiency.
The company's strategic investments in technology and market opportunities position it well for future growth.
Challenges such as steel price increases and lead-time in the transmission market require ongoing management.
Overall, Valmont's balanced approach to capital deployment and market strategies indicate a positive outlook for the company.

Valmont Industries reports robust Q2 earnings amidst global infrastructure demand

Valmont Industries' Q2 success reflects operational strength and strategic focus on growth. While facing challenges in agriculture and telecom sectors, the company is well-positioned to capitalize on global infrastructure demand and aftermarket potential.

Valmont Industries reports strong Q3 results, eyes growth opportunities

Valmont Industries showcased improved financial performance in Q3, driven by strong infrastructure and agriculture markets. The company is realigning its organization and leadership for long-term success while focusing on disciplined investments. Challenges such as impairment charges and market dynamics are being addressed with a cautious yet optimistic outlook.

Valmont Industries resilient in Q4, eyes growth and efficiency

Valmont Industries navigated challenges with resilience, expanding margins and focusing on strategic investments for long-term growth.
While facing headwinds in agriculture, the company remains positive about infrastructure demand drivers and efficient capital allocation strategies.
Optimism for the future is underpinned by a focus on innovation, customer-centric solutions, and operational efficiencies.

Valmont Industries surpasses Q1 expectations, focuses on sustainability and growth

Valmont Industries exceeded expectations in Q1 2024 with solid financial performance, despite sales decrease. The company's strategic focus on people, return on capital, and sustainability aligns with market opportunities. Challenges include soft Agriculture demand and pricing pressures in certain segments.

Valmont Industries excels in Q2 2024, eyes growth amid challenges

Valmont Industries showcased strong financial performance in Q2 2024, driven by strategic adjustments and a focus on sustainability.
While facing challenges in infrastructure sales and market dynamics, the company is well-positioned to capitalize on growth opportunities.
Investors can be optimistic about Valmont's outlook, with an increased diluted EPS range and a commitment to driving long-term value.

Valmont Industries reports resilient Q3 performance amidst sector challenges

Valmont Industries navigated Q3 2024 with resilience, showcasing solid performance and strategic initiatives to drive growth. While facing challenges in the agriculture segment, the company capitalized on opportunities in the infrastructure business and maintained a strong focus on capital deployment. The outlook for the full year 2024 remains steady, with a slight decrease in net sales expected compared to the previous year.

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Valmont Industries, Inc. engages in the manufacture of products and services for infrastructure and agriculture markets. It operates through the Infrastructure and Agriculture segments. The Infrastructure segment includes five primary product lines such as Transmission, Distribution, and Substation, Lighting and Transportation, Coatings, Telecommunications, and Renewable Energy. The Agriculture segment produces mechanized irrigation equipment and related services. The company was founded by Robert B. Daugherty in 1946 and is headquartered in Omaha, NE.

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc., a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced a partnership with EarthSense, a global provider of award-winning air quality monitors and advanced pollution modelling systems. Valmont will offer the Zephyr® Air Quality Sensor through the partnership.

Valmont Industries, Inc. Announces Partnership With EarthSense Systems Limited

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc., a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced a partnership with EVSE, a Division of Control Module Inc., a global provider of innovative systems and solutions for electric vehicle (EV) charging and cable management systems. Valmont will offer EVSE smart solutions through the partnership.

Valmont Industries, Inc. Announces Partnership With Control Module Inc.

OMAHA, Neb.--(BUSINESS WIRE)--Showcasing a culmination of the latest developments in AgTech, Valley and Prospera, companies of Valmont Industries, Inc. (NYSE: VMI) kicked off their nationwide AgTech Tour 2023 at Valmont headquarters in Omaha, Nebraska, further demonstrating their leadership in advancing agricultural productivity. With growers facing challenges of elevated input costs and labor shortages, it puts a pinch on profitability and that's where AgTech makes a difference.

Valley and Prospera Take Technology Advancements on the Road Launching the AgTech Tour 2023

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, will host its first quarter 2023 earnings conference call on Friday, April 21, 2023 beginning at 8:00 a.m. CDT. A news release outlining first quarter results will be distributed after market close on Thursday, April 20, 2023. A live audio discussion with Stephen G.

Valmont Industries, Inc. Announces First Quarter 2023 Earnings Call

Valmont (VMI) reported earnings 30 days ago. What's next for the stock?

Valmont (VMI) Up 2.2% Since Last Earnings Report: Can It Continue?

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced details for its upcoming Investor Day at The New York Stock Exchange (NYSE) in New York City. The event will be held both virtually and in-person on Tuesday, May 23, 2023. Stephen G. Kaniewski, President and Chief Executive Officer, and Avner M.

Valmont Announces 2023 Investor Day Event in New York City

Valmont (VMI) increases quarterly dividend and reauthorizes its share repurchase program worth $400 million.

Valmont (VMI) Raises Dividend, Reauthorizes Share Repurchase

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Valmont's (VMI) Q4 performance reflects strong pricing and demand for its products & services across various key markets.

Valmont's (VMI) Q4 Earnings Miss, Sales Beat Estimates

OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that its Board of Directors approved an increase to its quarterly dividend and a reauthorization of the current share repurchase program.

Valmont Increases Quarterly Dividend and Announces $400 Million Share Repurchase Reauthorization

Valmont Industries, Inc. (NYSE:VMI ) Q4 2022 Earnings Conference Call February 23, 2023 9:00 AM ET Company Participants Renee Campbell - Senior Vice President, Investor Relations & Treasurer Steve Kaniewski - President & Chief Executive Officer Avner Applbaum - Executive Vice President & Chief Financial Officer Conference Call Participants Chris Moore - CJS Securities Brian Drab - William Blair Jon Braatz - Kansas City Capital Adam Farley - Stifel Operator Greetings and welcome to the Valmont Industries Inc. Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Valmont Industries, Inc. (VMI) Q4 2022 Earnings Call Transcript

Valmont (VMI) delivered earnings and revenue surprises of -0.56% and 7.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Valmont Industries (VMI) Lags Q4 Earnings Estimates

OMAHA, Neb.--(BUSINESS WIRE)--Valmont Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today reported financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter 2022 Highlights (all metrics compared to Fourth Quarter 2021 unless otherwise noted) Net Sales of $1.1 billion increased 17.5%, a fourth quarter record Operating Income increased 116.

Valmont Reports Fourth Quarter and Full Year 2022 Results

OMAHA, Neb.--(BUSINESS WIRE)--Valmont Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, will host its fourth quarter and full year 2022 earnings conference call on Thursday, February 23, 2023, beginning at 8:00 a.m. CST. A news release outlining fourth quarter and full year results will be distributed after market close on Wednesday, February 22, 2023.

Valmont Industries, Inc. Announces Fourth Quarter and Full Year 2022 Earnings Call

Global operating logistics require facility and skill resources often at variance with the basic business benefits being offered at scale by Corporate suppliers. The tricks of this supportive trade have been well-learned by Valmont Industries, making it one of the largest industry providers.

Valmont Industries: Best Current Infrastructure Construction Capital Gain Prospect

OMAHA, Neb.--( BUSINESS WIRE )--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced it has entered into a supply agreement to provide mechanized irrigation equipment and innovative technology for multiple agricultural development projects in Africa. The agreement will harness the market-leading solutions of Valley® Irrigation, a Valmont company, to help meet the escalating global demand for more efficient and reliable food production, and support national investments in agriculture to feed growing populations and address ongoing food security concerns.

Valmont Secures USD $85 Million Order for Irrigation Products and Technology Solutions

OMAHA, Neb.--( BUSINESS WIRE )--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that management will participate at the CJS Securities New Ideas for the New Year Conference.

Valmont to Participate at the CJS Securities 23rd Annual New Ideas for the New Year Conference

OMAHA, Neb.--( BUSINESS WIRE )--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that the Company has completed the previously announced sale of Valmont SM®, its offshore wind business.

Valmont Completes Divestiture of its Offshore Wind Business

Valmont Industries has seen a strong performance this year, after years of relative stagnation. The strong performance has been accompanied by strong share price performance.

Valmont Industries: Made Of Steel

OMAHA, Neb.--( BUSINESS WIRE )--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that the Company has entered into a definitive agreement to sell its offshore wind business to Euro Steel, a Denmark-based supplier of steel products to the European wind market. The offshore wind business, known as Valmont SM®, was acquired in 2014. It is reported in the Renewable Energy product line in the Company's Infrastructure segment and expected to generate approximately $100 million of revenue in fiscal 2022. The Company plans to utilize the net cash proceeds from this transaction toward repayment of short-term borrowings.

Valmont Announces Divestiture of its Offshore Wind Business

OMAHA, Neb.--( BUSINESS WIRE )--Valmont Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced that management will participate in Roth's 2nd Annual AgTech Answers Event.

Valmont to Participate at the 2nd Annual Roth AgTech Answers Event

OMAHA, Neb.--( BUSINESS WIRE )--Valmont Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, is pleased to announce that the Federal Aviation Administration (FAA) granted the company a nationwide Beyond Visual Line of Sight (BVLOS) waiver.

Valmont Industries Gains Nationwide Drone Waiver from FAA

Valmont (VMI) benefits from strong demand for its products and solutions across infrastructure and agriculture Markets in the third quarter.

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