VMI
Valmont Industries, Inc.410.66
-1.31-0.32%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
8.11BP/E (TTM)
35.22Basic EPS (TTM)
11.66Dividend Yield
0.01%Recent Filings
8-K
Q3 sales up, guidance raised
Valmont Industries reported third-quarter 2025 net sales up 2.5% to $1.05 billion, driven by 6.6% Infrastructure growth from Utility and Telecommunications strength, yet offset by 9.0% Agriculture declines amid market softness. Operating income rose 12.5% to $141.5 million, boosting diluted EPS 21.2% to $4.98. Backlog swelled 20.4% to $1.73 billion. The company raised full-year adjusted EPS guidance to $18.70–$19.50, signaling momentum. Agriculture headwinds persist.
10-Q
Q2 FY2025 results
Valmont Industries posted Q2 FY2025 net sales of $1.05B, up 1.0% y/y, with gross profit steady at $321.2M (30.6% margin) despite a shift to lower-margin international agriculture sales. Operating income plunged 80.1% y/y to $29.3M on $91.3M long-lived asset impairments and $8.9M realignment charges, while YTD figures show $2.02B sales (flat y/y) and $157.6M operating income (down 43.5%). Diluted EPS swung to $(1.53) from $4.91 y/y, reflecting a $26.2M redemption value adjustment for noncontrolling interests that anti-diluted shares; YTD EPS fell 69.3% to $2.84. Cash climbed to $208.5M with $232.7M operating cash flow (up from $154.1M y/y) and $168.4M free cash flow (derived), against $731M long-term debt and full revolver availability. Impairments stemmed from exiting North American solar trackers and Australian market weakness. Yet Agriculture grew 2.9% y/y on EMEA projects. Litigation in Brazil poses up to $20M more risk.
8-K
Valmont raises EPS outlook post-realignment
Valmont Industries reported Q2 2025 net sales up 1.0% to $1.05 billion, driven by Utility and Telecommunications growth but offset by Solar and North America Agriculture declines. One-time charges of $112.1 million, including $91.3 million in asset impairments, flipped GAAP operating income to $29.3 million from $147.3 million, yet adjusted income held at $141.4 million. Realignment boosts SG&A savings by $8.0 million in H2 2025. Backlog swelled 9.7% to $1.58 billion. Company raised full-year adjusted EPS guidance to $17.50-$19.50. Charges sharpen focus on high-return growth.
8-K
Valmont Industries, Inc. has entered into a Third Amended and Restated Credit Agreement dated July 10, 2025, establishing a $800 million revolving credit facility. The agreement amends and restates the previous credit agreement dated October 18, 2021. The facility includes a $400 million foreign currency sublimit and a $75 million letter of credit sublimit. The maturity date is July 10, 2030. The agreement also includes provisions for sustainability-linked pricing adjustments.
Valmont Industries, Inc. has entered into a Third Amended and Restated Credit Agreement dated July 10, 2025, establishing a $800 million revolving credit facility. The agreement amends and restates the previous credit agreement dated October 18, 2021. The facility includes a $400 million foreign currency sublimit and a $75 million letter of credit sublimit. The maturity date is July 10, 2030. The agreement also includes provisions for sustainability-linked pricing adjustments.
8-K
Valmont's growth conference update
Valmont Industries is presenting at the William Blair 45th Annual Growth Stock Conference on June 4, 2025, highlighting its $4.1 billion 2024 net sales and strategies to ride infrastructure waves while positioning agriculture for growth. The company eyes mid-single-digit sales growth and mid-teens operating margins long-term, backed by $150 million annual capex and a $700 million share repurchase program. Forward-looking statements carry risks from market and economic factors.
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