(all metrics compared to Third Quarter 2019 unless otherwise noted), 09/26/2020 Fourth-Quarter 2020 Financial Outlook and Key Assumptions. Other solutions help people and components move safely and effectively in an industrial, infrastructure, or commercial facility. The Company continues to generate strong cash flows through a focus on working capital management, including strategic customer payment initiatives and inventory improvements. Omaha, NE 68154 USA After submitting your request, you will receive an activation email to the requested email address. 2020 capital expenditures are expected to be in the range of $85.0 to $95.0 million to support strategic growth initiatives. We recognized another quarter of very strong operating cash flows, driven by our strategic priorities for working capital management.”, Kaniewski continued, “Year-to-date, we have delivered solid sales, operating profit, and earnings, as well as significant cash flow, driven by the engagement and focus of our employees and successful execution of our strategies, in spite of a difficult macro environment. By providing your email address below, you are providing consent to Valmont Industries Inc. to send you the requested Investor Email Alert updates. You must click the activation link in order to complete your subscription. In North America, lower volumes in transportation and commercial lighting markets led to lower sales. At Valmont Industries Inc., we promise to treat your data with respect and will not share your information with any third party. Fabricated Structural Metal 3441, 332312: Fabricated Structural Metal Manufacturing, Executive Vice President and Chief Financial Officer, Vice President, Chief Legal and Compliance Officer, Director, President and Chief Executive Officer, Principal Accounting Officer, Senior Vice President and Corporate Controller, Senior Vice President and Chief Information Officer, Ningpo ,China (Mainland) -> Charleston, South Carolina, Sao Paulo,Brazil -> New York/Newark Area, Newark, New Jersey, Shanghai ,China (Mainland) -> Long Beach, California, Ningpo ,China (Mainland) -> Seattle, Washington, DENVER BASE,PLASTIC POLE BASE COVER HALVES, Shanghai ,China (Mainland) -> Tacoma, Washington, Ningpo ,China (Mainland) -> Tacoma, Washington. Valmont Industries Annual Report 2008 6 7 Valmont Industries Annual Report 2008 Although all segments contributed to revenue and earnings growth, the irrigation, utility and coatings segments contributed the vast majority of improvements. Omaha, NE 68154 USA You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Investor Relations To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. In North American markets, sales growth was led by continued robust market demand, strategic capacity additions in existing North American operations and favorable pricing, partially offset by deflation due to lower steel costs. 2020, Thirty-nine Operating income was $12.4 million or 14.1% of sales ($13.7 million adjusted1 or 15.6% of sales), compared to $13.9 million or 14.9% of sales in 2019. Davidson Diversified Industrials Conference September 19, 2019 You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. The non-GAAP tables below disclose the impact on (a) diluted earnings per share of (1) impairment of goodwill, and tradenames, (2) restructuring costs and non-recurring asset impairments (b) operating income from these expenses, and (c) segment operating income for these items. InvestorRelations@valmont.com, One Valmont Plaza This report must be completed and placed into the facility operating record no later than January 18, 2020. Customers are primarily state and federal governments, contractors, utility and telecommunications, farmers, and other stakeholders in the manufacturing sector. Higher irrigation system volumes were more than offset by lower volumes of other products including industrial tubing sales. Valmont Industries, Inc. Investor Presentation 18 th Annual D.A. The Company cautions that any forward-looking statement included in this press release is made as of the date of this press release and the Company does not undertake to update any forward-looking statement. 1.402.963.1000, Governance and Nominating Committee Charter. (19.0% of Sales), Irrigation equipment for agricultural markets, including center pivots, parts, services and tubular products, water management solutions, and technology for precision agriculture. You must click the activation link in order to complete your subscription. livraisons par an. Les atouts d’un groupe mondial, la French Touch en plus. The majority of sales derive from the United States. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. For financial reporting, their fiscal year ends on December 26th. These forward-looking statements are based on assumptions that management has made in light of experience in the industries in which Valmont operates, as well as management’s perceptions of historical trends, current conditions, expected future developments and other factors believed to be appropriate under the circumstances. Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today reported financial results for the fourth quarter and full year ended December 28, 2019. This segment consists of the manufacture and distribution of engineered metal and composite poles, towers, and components for lighting, traffic, and wireless communication markets, engineered access systems, integrated structure solutions for smart cities, and highway safety products. Operating income as a percentage of sales improved more than a full percentage point to 8.6 percent and our return on invested capital reached 11.1 percent. Events. Additionally, our balance sheet and cash flows remain very strong and we expect to deliver free cash flow of more than 1.2x net earnings for 2020. If you experience any issues with … (34.8% of Sales), Poles, towers and components for the lighting, traffic and wireless communication markets, engineered access systems, integrated structure solutions for smart cities, and highway safety products. Omaha, NE 68154 USA To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Coatings: Omaha, NE 68154 USA At the same time, we continuously improve techniques and technologies for managing fresh water usage. Valmont 2012 annual RepoRt 4 meSSaGe to Fellow SHaReHolDeRS Valmont 2012 annual RepoRt 5 meSSaGe to Fellow SHaReHolDeRS This is my 20th annual letter to you as CEO of Valmont and I am pleased to report another record year. During the third quarter, Valmont did not experience any significant disruptions in its operations or supply chain. Annual Report . 1.402.963.1000, Valmont Reports Third Quarter 2020 Results, Governance and Nominating Committee Charter, Lifted the temporary suspension of the Company’s share repurchase program, Announced a $240.0 million multi-year order for irrigation products and services, the Company announced it had entered into a $240.0 million, multi-year supply agreement, Valmont resumed its previously-suspended share repurchase program, Valmont Industries 3Q 2020 Earnings Conference Call, https://www.businesswire.com/news/home/20201021005939/en/, Net Sales of $734.0 million increased 6.3% led primarily by significantly higher Utility Support Structures segment sales and improved international market demand, Operating Income of $61.5 million, or 8.4% of sales ($67.1 million or 9.1% of sales adjusted, Diluted Earnings per Share improved to $1.84 ($1.99 adjusted, Generated strong operating cash flow of $122.3 million, driven by higher operating income and strategic working capital management; cash and cash equivalents were $443.1 million at end of third quarter, Providing key assumptions and indications for the fourth quarter 2020, Irrigation sales estimate driven by expected timing of international project deliveries, Stable raw material costs and no significant supply chain interruptions, No closures of large manufacturing facilities or workforce disruptions. Our infrastructure solutions provide for safer roadways, power transmission, wireless communications, lighting and support the energy and mining industries. Irrigation Segment This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Valmont Industries Inc. Valmont Industries Inc is a diversified global producer of fabricated metal products, steel, pole structures, towers, irrigation systems, and other components. Its irrigation equipment and services for large-scale agriculture improve farm productivity while conserving fresh water resources. 2020, Net earnings attributable to Valmont Industries, Inc. - as reported, Impairment of goodwill and intangible assets, pre-tax, Restructuring and asset impairment costs - pre-tax, Net earnings attributable to Valmont Industries, Inc. - Adjusted, Average shares outstanding (000’s) - Diluted.
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