Brief: Alamo Group Reports 2021 Third Quarter Results

Alamo

03/11/2021 22:53

Nov 3 (Reuters) - Alamo Group Inc  ALG.N :
    * ALAMO GROUP ANNOUNCES 2021 THIRD QUARTER RESULTS
    * Q3 ADJUSTED EARNINGS PER SHARE $1.59
    * Q3 EARNINGS PER SHARE $1.47
    * Q3 SALES ROSE 16 PERCENT TO $338.3 MILLION
    * QTRLY BACKLOG OF $645.1 MILLION, UP 154% COMPARED TO PRIOR
YEAR
Q3
    * ALAMO GROUP - EXPECT TO CONTINUE TO EXPERIENCE HEADWINDS
ASSOCIATED WITH COST INFLATION, SUPPLY CHAIN DISRUPTIONS AND
SKILLED LABOR SHORTAGES IN Q4

Source text for Eikon:  ID:nPnbg8n3Sa 
Further company coverage:  ALG.N 

 ((Reuters.Briefs@thomsonreuters.com;))