Brief: Valmont Reports First Quarter 2022 Results And Raises Full-Year Guidance
April 20 (Reuters) - Valmont Industries Inc VMI.N :
* VALMONT REPORTS FIRST QUARTER 2022 RESULTS AND RAISES
FULL-YEAR
GUIDANCE
* Q1 ADJUSTED EARNINGS PER SHARE $3.07
* Q1 SALES $980.8 MILLION
* RECORD BACKLOG OF $1.8 BILLION AT QUARTER END
* ANNOUNCED A 10% QUARTERLY DIVIDEND INCREASE, FROM $0.50 TO
$0.55
($2.00 TO $2.20 ANNUALIZED)
* Q1 DILUTED EARNINGS PER SHARE (EPS) OF $2.90
Source text for Eikon: ID:nBw9dHCmMa
Further company coverage: VMI.N
((Reuters.Briefs@thomsonreuters.com;))