Declared Dividend • Aug 04
Second quarter dividend of US$0.77 announced Shareholders will receive a dividend of US$0.77. Ex-date: 25th September 2026 Payment date: 15th October 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 18%. Reported Earnings • Jul 21
Second quarter 2026 earnings released: EPS: US$6.19 (vs US$1.53 loss in 2Q 2025) Second quarter 2026 results: EPS: US$6.19 (up from US$1.53 loss in 2Q 2025). Revenue: US$1.12b (up 6.5% from 2Q 2025). Net income: US$119.9m (up US$150.2m from 2Q 2025). Profit margin: 11% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Jul 21
Valmont Industries, Inc. Raises Earnings Guidance for the Full-Year 2026 Valmont Industries, Inc. raised earnings guidance for the Full-Year 2026. For the year, the company increasing full year guidance Net sales are now projected to be between $4.3 billion and $4.45 billion. At the midpoint, this represents approximately 6.7% revenue growth for the year. Increasing diluted earnings per share outlook to a range of $22.25 to $23.50. The higher EPS outlook reflects continued strength in North America Utility and Coatings supported by volume growth and favorable pricing. Expect operating margins to moderate in the second half. Announcement • Jul 01
Valmont Industries, Inc. to Report Q2, 2026 Results on Jul 21, 2026 Valmont Industries, Inc. announced that they will report Q2, 2026 results Pre-Market on Jul 21, 2026 Announcement • Jun 16
Valmont Industries, Inc. Provides Earnings Guidance for the Year 2029 Valmont Industries, Inc. provided earnings guidance for the year 2029. For the year, the company expects operating margin of 17% and EPS of $35. Declared Dividend • May 21
First quarter dividend of US$0.77 announced Shareholders will receive a dividend of US$0.77. Ex-date: 26th June 2026 Payment date: 15th July 2026 Dividend yield will be 0.6%, which is lower than the industry average of 2.9%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 17%. Announcement • Apr 29
Valmont Board Declares Quarterly Dividend, Payable on July 15, 2026 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.77 per share payable on July 15, 2026, to shareholders of record on June 26, 2026. The dividend indicates an annual rate of $3.08 per share. Announcement • Apr 23
Valmont Industries, Inc. Raises Earnings Guidance for the Full-Year 2026 Valmont Industries, Inc. raised earnings guidance for the Full-Year 2026. For the year, the company expects Diluted Earnings per Share to be $21.50 to $23.50 per share compared to previous guidance of $20.50 to $23.50 per share and no change in net sales compared to previous guidance of $4.2 to $4.4 billion. Announcement • Apr 09
Valmont Industries, Inc. Announces Chief Financial Officer Changes Valmont Industries, Inc. announced the appointment of John L. Schwietz as the Company’s Chief Financial Officer. Mr. Schwietz brings significant experience across Valmont’s core business segments, most recently serving as President of International Agriculture. Prior to that role, he was Vice President of Finance for the Utility business. Since joining the Company in 2009, he has held roles of increasing responsibility spanning finance, business development, and operations across both Utility and Agriculture globally. Prior to joining Valmont, Mr. Schwietz worked in international banking. He holds an MBA and a bachelor’s degree from Creighton University. Mr. Schwietz succeeds Thomas Liguori who is stepping down as Chief Financial Officer. Announcement • Apr 01
Valmont Industries, Inc. to Report Q1, 2026 Results on Apr 21, 2026 Valmont Industries, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 21, 2026 Announcement • Feb 25
Valmont Industries, Inc., Annual General Meeting, Apr 27, 2026 Valmont Industries, Inc., Annual General Meeting, Apr 27, 2026. Announcement • Feb 17
Valmont Industries, Inc. Provides Earnings Guidance for the Year 2026 Valmont Industries, Inc. provided earnings guidance for the year 2026. For the year, the company expects net sales of $4.2 billion to $4.4 billion (+2.5% to +7%) and diluted earnings per share of $20.50 to $23.50 (+7% to +23%). Announcement • Jan 28
Valmont Industries, Inc. to Report Q4, 2025 Results on Feb 17, 2026 Valmont Industries, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 17, 2026 Announcement • Oct 28
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on January 15, 2026 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.68 per share payable on January 15, 2026, to shareholders of record on December 26, 2025. The dividend indicates an annual rate of $2.72 per share. Announcement • Oct 01
Valmont Industries, Inc. to Report Q3, 2025 Results on Oct 21, 2025 Valmont Industries, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 21, 2025 Announcement • Jul 29
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on October 15, 2025 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.68 per share payable on October 15, 2025, to shareholders of record on September 26, 2025. The dividend indicates an annual rate of $2.72 per share. Announcement • Jul 02
Valmont Industries, Inc. to Report Q2, 2025 Results on Jul 22, 2025 Valmont Industries, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 22, 2025 Announcement • Apr 29
Valmont Industries, Inc. Announces Quarterly Dividend, Payable on July 15, 2025 Valmont® Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.68 per share payable on July 15, 2025, to shareholders of record on June 27, 2025. The dividend indicates an annual rate of $2.72 per share. Announcement • Apr 23
Valmont Industries, Inc. Reaffirms Earnings Guidance for the Full Year 2025 Valmont Industries, Inc. reaffirmed earnings guidance for the full year 2025. For the year, the company expects net sales of $4.0 billion to $4.2 billion and Diluted Earnings per Share of $17.20 to $18.80. Announcement • Apr 02
Valmont Industries, Inc. to Report Q1, 2025 Results on Apr 22, 2025 Valmont Industries, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 22, 2025 Announcement • Feb 26
Valmont Industries, Inc., Annual General Meeting, Apr 28, 2025 Valmont Industries, Inc., Annual General Meeting, Apr 28, 2025. Announcement • Feb 19
Valmont Industries, Inc. Provides Earnings Guidance for the Full Year 2025 Valmont Industries, Inc. provided earnings guidance for the full year 2025. For the year, the company expects net sales of $4.0 billion to $4.2 billion; (2%) to +3%; (0.5%) to +4.5% Constant Currency, Diluted Earnings per Share of $17.20 to $18.80. Announcement • Jan 29
Valmont Industries, Inc. to Report Q4, 2024 Results on Feb 18, 2025 Valmont Industries, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 18, 2025 Announcement • Jan 15
Valley Irrigation Announces Strategic Consolidation of Technology Brands into AgSense 365 App Valmont®Industries, Inc. announced a significant milestone in its strategic initiative to enhance operational efficiencies and drive growth. Valley® Irrigation intends to merge its four market-leading irrigation management platforms – AgSense®, Valley 365®, PrecisionKing and PivoTrac® – into a unified next-evolution app: AgSense 365. Over the past decade, Valley Irrigation has expanded its digital portfolio through the acquisitions of AgSense, PrecisionKing and PivoTrac, in addition to developing its proprietary Valley 365 platform. By consolidating these solutions into AgSense 365, Valley aims to reduce development and operational redundancies, delivering a more powerful, simplified and user-friendly experience. Additionally, the transition to AgSense 365 is designed to be seamless, minimizing disruption for existing users and positioning Valley to accelerate technology adoption. AgSense 365 will provide: Enhanced Efficiency: Streamlines Valley Irrigation’s technology stack, optimizes costs and improves deployment efficiency. Scalability: Expands best-in-class technology offerings globally, meeting market demand for integrated, data-driven irrigation management. Revenue Growth Potential: Positions Valley Irrigation to drive increased adoption of its digital solutions and expand its digital footprint, capturing additional market share, growing recurring revenue from subscription services and delivering sustainable long-term growth for shareholders. AgSense 365 will officially become available to the public in March 2025. Declared Dividend • Nov 04
Third quarter dividend of US$0.60 announced Shareholders will receive a dividend of US$0.60. Ex-date: 27th December 2024 Payment date: 15th January 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Nov 01
Non-Executive Chairman recently sold €5.0m worth of stock On the 25th of October, Mogens Bay sold around 17k shares on-market at roughly €292 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mogens has been a net seller over the last 12 months, reducing personal holdings by €10.0m. Announcement • Oct 29
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on January 15, 2025 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.60 per share payable on January 15, 2025, to shareholders of record on December 27, 2024. The dividend indicates an annual rate of $2.40 per share. Announcement • Oct 28
Valmont Industries, Inc. Appoints Deborah Caplan to Its Board of Directors Valmont® Industries, Inc. announce the appointment of Deborah Caplan to its Board of Directors. Ms. Caplan is a seasoned executive whose decades of experience helping organizations drive growth and improve innovation makes her a valuable addition to Valmont’s board. This appointment brings the total number of board members to eleven and underscores the Company’s ongoing commitment to strengthening its leadership team and enhancing its governance practices to better serve its stakeholders. With an extensive career spanning nearly two decades at NextEra Energy, Ms. Caplan most recently served as Executive Vice President of Human Resources & Corporate Services until her retirement in April 2024. During her tenure, she led workforce initiatives for a $170 billion market cap clean energy company, focusing on key areas such as talent acquisition and development, and employee engagement, health and well-being. Earlier in her career at NextEra, she held leadership positions at Florida Power & Light (FP&L) Co., including VP, Chief Operating Officer. Prior to NextEra, Ms. Caplan held a number of senior leadership roles at General Electric Company, including Senior Vice President of Global Operations for Vendor Financial Services. She also held key leadership positions at GE Capital, as well as GE Aircraft Engines where she focused on manufacturing and project management, driving performance improvements that transformed business outcomes. Her international experience spans leadership roles where she championed Six Sigma methodologies, driving global operational initiatives and improvements to deliver measurable enhancements to business performance. In addition to her executive experience, Ms. Caplan is a current director on the boards of Arthur J. Gallager & Co. (NYSE: AJG) and Mid-America Apartment Communities, Inc. Ms. Caplan holds a Bachelor of Science in aerospace engineering from the University of Michigan and a Master of Science in manufacturing engineering from Boston University. She is a certified Six Sigma Master Black Belt. Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: US$4.13 (vs US$2.34 loss in 3Q 2023) Third quarter 2024 results: EPS: US$4.13 (up from US$2.34 loss in 3Q 2023). Revenue: US$1.02b (down 2.9% from 3Q 2023). Net income: US$83.1m (up US$132.1m from 3Q 2023). Profit margin: 8.1% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Oct 03
Valmont Industries, Inc. to Report Q3, 2024 Results on Oct 22, 2024 Valmont Industries, Inc. announced that they will report Q3, 2024 results After-Market on Oct 22, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of US$0.60 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.6%). Announcement • Aug 22
Valmont Industries, Inc. Announces CFO Changes Valmont Industries, Inc. announced that Thomas Liguori will join the Company as Chief Financial Officer, effective immediately. Mr. Liguori will lead the global finance and accounting organization, reporting to Avner M. Applbaum, President and Chief Executive Officer. Mr. Liguori has more than 30 years of finance experience with a proven track record of creating value, including significant experience as the CFO for multiple public companies. Most recently, he was CFO of Fortna LLC, a private-equity-backed designer and builder of advanced distribution centers for ecommerce and omnichannel distribution. Before joining Fortna, Mr. Liguori was the CFO of Avnet, a Fortune 200 global semiconductor distributor, where he played a key role in transforming the company to achieve higher growth and profitability, including initiatives to improve working capital and enhance operating efficiencies. He has experience across a diverse range of industries, including manufacturing, distribution and technology. Mr. Liguori holds a Bachelor of Science in Business from Boston University, an MBA from Arizona State University, and completed the Stanford University Strategic CFO Program. With a strong interest in developing next generation business leaders, he has been an adjunct professor at Chapman University, teaching graduate and executive MBA courses. He is a Certified Management Accountant and an NACD Board Leadership Fellow. The company also announced that Timothy P. Francis, who has served as Interim Chief Financial Officer and Acting Chief Accounting Officer since July 2023 will remain with Valmont as its CAO, reporting to Mr. Liguori. Recent Insider Transactions • Aug 16
Insider recently sold €459k worth of stock On the 14th of August, Thomas Parnell sold around 2k shares on-market at roughly €255 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €5.0m. Insiders have been net sellers, collectively disposing of €7.1m more than they bought in the last 12 months. Declared Dividend • Aug 05
Second quarter dividend of US$0.60 announced Shareholders will receive a dividend of US$0.60. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 58% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 30
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on October 15, 2024 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.60 per share payable on October 15, 2024, to shareholders of record on September 27, 2024. The dividend indicates an annual rate of $2.40 per share. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: US$4.94 (vs US$4.25 in 2Q 2023) Second quarter 2024 results: EPS: US$4.94 (up from US$4.25 in 2Q 2023). Revenue: US$1.04b (flat on 2Q 2023). Net income: US$99.7m (up 12% from 2Q 2023). Profit margin: 9.6% (up from 8.5% in 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Jul 25
Valmont Industries, Inc. Revises Earnings Guidance for the Full Year 2024 Valmont Industries, Inc. revised earnings guidance for the full year 2024. For the period, the company expected net sales change to be 3.5% to 1.5% compared to previous guidance of 2.00% to 0.5%. The company expected diluted earnings per share to be in the range of $16.50 to $17.30 compared to previous guidance of $15.40 to $16.40. Announcement • Jul 11
Valmont Industries, Inc. to Report Q2, 2024 Results on Jul 24, 2024 Valmont Industries, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 24, 2024 Recent Insider Transactions • May 15
Insider recently sold €466k worth of stock On the 10th of May, Aaron Schapper sold around 2k shares on-market at roughly €240 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months. Declared Dividend • May 13
First quarter dividend of US$0.60 announced Shareholders will receive a dividend of US$0.60. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next year, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €234, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Construction industry in Europe. Total returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €382 per share. Announcement • May 08
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on July 15, 2024 Valmont Industries, Inc. announced that its board of directors has declared a quarterly dividend of $0.60 per share payable on July 15, 2024, to shareholders of record on June 28, 2024. The dividend indicates an annual rate of $2.40 per share. Announcement • May 03
Valmont Industries, Inc. Revises Earnings Guidance for the Full Year 2024 Valmont Industries, Inc. revised earnings guidance for the full year 2024. For the year, the company now expects Net Sales Change to be (2.0%) to 0.5% compared to the previous guidance of (3.0%) to flat. Diluted Earnings per Share to be $15.40 to $16.40 compared to the previous guidance of $14.25 to $15.50. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$4.35 (vs US$3.51 in 1Q 2023) First quarter 2024 results: EPS: US$4.35 (up from US$3.51 in 1Q 2023). Revenue: US$977.8m (down 8.0% from 1Q 2023). Net income: US$87.8m (up 18% from 1Q 2023). Profit margin: 9.0% (up from 7.0% in 1Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year. Announcement • Apr 19
Valmont Industries, Inc. to Report Q1, 2024 Results on May 01, 2024 Valmont Industries, Inc. announced that they will report Q1, 2024 results After-Market on May 01, 2024 Announcement • Mar 27
Valmont Industries, Inc., Annual General Meeting, May 06, 2024 Valmont Industries, Inc., Annual General Meeting, May 06, 2024, at 10:00 Central Daylight. Location: Valmont Industries, Inc. Headquarters 15000 Valmont Plaza Omaha Nebraska United States Agenda: To consider electing four directors of the Company to three-year terms; to consider advisory approval of the Company’s executive compensation; to consider ratifying the appointment of Deloitte & Touche LLP as independent auditors for fiscal 2024; and to consider and act upon such other business that may properly come before the meeting. Upcoming Dividend • Mar 20
Upcoming dividend of US$0.60 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%). Declared Dividend • Mar 04
Fourth quarter dividend of US$0.60 announced Shareholders will receive a dividend of US$0.60. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 94% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 27
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on April 15, 2024 Valmont®Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.60 per share payable on April 15, 2024, to shareholders of record on March 29, 2024. The dividend indicates an annual rate of $2.40 per share. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$6.85 (vs US$11.77 in FY 2022) Full year 2023 results: EPS: US$6.85 (down from US$11.77 in FY 2022). Revenue: US$4.17b (down 3.9% from FY 2022). Net income: US$143.5m (down 43% from FY 2022). Profit margin: 3.4% (down from 5.8% in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Feb 22
Valmont Industries, Inc. Provides Earnings Guidance for the Full Year 2024 Valmont Industries, Inc. provided earnings guidance for the full year 2024. For the year, the company expects Net Sales Change (vs. prior year) of (3.0%) to flat; Diluted Earnings per Share of $14.25 to $15.50. Announcement • Feb 08
Valmont Industries, Inc. to Report Q4, 2023 Results on Feb 21, 2024 Valmont Industries, Inc. announced that they will report Q4, 2023 results After-Market on Feb 21, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of US$0.60 per share at 1.1% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.9%). Announcement • Nov 23
Valmont Industries, Inc. Announces Executive Changes Valmont Industries, Inc. announced that on November 16, 2023, Eugene Padgett notified the Company of his decision to resign as Chief Accounting Officer effective December 8, 2023 to pursue other opportunities and to relocate closer to family. Mr. Padgett’s decision to resign as Chief Accounting Officer is not related to the operations, policies, or practices of the company or any issues regarding accounting policies or practices. Timothy P. Francis, current Interim Chief Financial Officer, will also serve as Chief Accounting Officer until the company makes a permanent appointment to the position. Mr. Francis, age 46, served as Senior Vice President and Finance Business Partner, Global Operations since June 2022 until his appointment as interim Chief Financial Officer in July 2023. He served as Senior Vice President, Controller and Chief Accounting Officer from June 2014 until Mr. Padgett’s appointment in November 2022. Announcement • Nov 01
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on January 16, 2024 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.60 per share payable on January 16, 2024 to shareholders of record on December 29, 2023. The dividend indicates an annual rate of $2.40 per share. Reported Earnings • Oct 26
Third quarter 2023 earnings released: US$2.34 loss per share (vs US$3.38 profit in 3Q 2022) Third quarter 2023 results: US$2.34 loss per share (down from US$3.38 profit in 3Q 2022). Revenue: US$1.05b (down 4.3% from 3Q 2022). Net loss: US$49.0m (down 168% from profit in 3Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 26
Valmont Industries, Inc. Updates Earnings Guidance for the Year 2023 Valmont Industries, Inc. updated earnings guidance for the year 2023. For the year, the company now expects Net Sales Growth (vs. PY) of (3%) to (4%) against previous guidance of 0% to 2%, GAAP Diluted Earnings per Share $7.20 to $7.50 against previous guidance of $14.80 to $15.35, and Estimated net earnings - GAAP of $154,000,000 to $160,400,000 against previous guidance of $318,250,000 to $330,050,000. Announcement • Oct 12
Valmont Industries, Inc. to Report Q3, 2023 Results on Oct 25, 2023 Valmont Industries, Inc. announced that they will report Q3, 2023 results After-Market on Oct 25, 2023 Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. Independent Director Ritu Favre was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 21
Upcoming dividend of US$0.60 per share at 1.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%). Announcement • Sep 02
Valmont Industries, Inc. (NYSE:VMI) Completed the acquisition of HR Products. Valmont Industries, Inc. (NYSE:VMI) entered into a definitive agreement to acquire HR Products for AUD 60 million on July 07, 2023. The transaction will be funded with cash on hand and The transaction is expected to close in the third quarter of 2023 and is subject to customary closing conditions. The transaction is expected to be immediately accretive to earnings, subject to working capital adjustments.Valmont Industries, Inc. (NYSE:VMI) Completed the acquisition of HR Products on August 31, 2023. Announcement • Aug 01
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on October 16, 2023 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.60 per share payable on October 16, 2023 to shareholders of record on September 29, 2023. The dividend indicates an annual rate of $2.40 per share. Announcement • Jul 28
Valmont Industries, Inc. Provides Earnings Guidance for the Year 2023 Valmont Industries, Inc. provided earnings guidance for the year 2023. The company revised Net Sales Growth to 0% to 2% from 4% to 7%. GAAP Diluted Earnings per Share to be $14.80 to $15.35. Estimated net earnings - GAAP to be $318,250,000 to $330,050,000. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$4.25 (vs US$3.57 in 2Q 2022) Second quarter 2023 results: EPS: US$4.25 (up from US$3.57 in 2Q 2022). Revenue: US$1.05b (down 7.9% from 2Q 2022). Net income: US$89.4m (up 17% from 2Q 2022). Profit margin: 8.5% (up from 6.7% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 08
Valmont Industries, Inc. (NYSE:VMI) entered into a definitive agreement to acquire HR Products. Valmont Industries, Inc. (NYSE:VMI) entered into a definitive agreement to acquire HR Products on July 07, 2023. The transaction will be funded with cash on hand and is expected to be immediately accretive to earnings. The transaction is expected to close in the third quarter of 2023 and is subject to customary closing conditions. Upcoming Dividend • Jun 22
Upcoming dividend of US$0.60 per share at 0.8% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.7%). Announcement • May 24
Valmont Industries, Inc. Reaffirms Earnings Guidance for the Year 2023 Valmont Industries, Inc. reaffirmed earnings guidance for the year 2023. For the year, the company expects net sales growth to be in the range of 4% to 7% and GAAP diluted EPS to be in the range of $14.80 to $15.35. Reported Earnings • Apr 21
First quarter 2023 earnings released: EPS: US$3.51 (vs US$2.93 in 1Q 2022) First quarter 2023 results: EPS: US$3.51 (up from US$2.93 in 1Q 2022). Revenue: US$1.06b (up 8.3% from 1Q 2022). Net income: US$74.5m (up 20% from 1Q 2022). Profit margin: 7.0% (up from 6.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.60 per share at 0.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.8%). Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$11.77 (vs US$9.23 in FY 2021) Full year 2022 results: EPS: US$11.77 (up from US$9.23 in FY 2021). Revenue: US$4.35b (up 24% from FY 2021). Net income: US$250.9m (up 28% from FY 2021). Profit margin: 5.8% (up from 5.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 09
Valmont Industries, Inc. to Report Q4, 2022 Results on Feb 22, 2023 Valmont Industries, Inc. announced that they will report Q4, 2022 results After-Market on Feb 22, 2023 Announcement • Jan 01
Euro Steel Invest Af 1/1 2012 A/S completed the acquisition of Valmont SM A/S from Valmont Industries, Inc. (NYSE:VMI). Euro Steel Invest Af 1/1 2012 A/S signed a definitive agreement to acquire Valmont SM A/S from Valmont Industries, Inc. (NYSE:VMI) on November 14, 2022. The transaction is subject to customary closing conditions. Valmont Industries, Inc. (NYSE:VMI) plans to utilize the net cash proceeds from this transaction toward repayment of short-term borrowings. The deal is expected to close in the forth quarter of 2022.
Euro Steel Invest Af 1/1 2012 A/S completed the acquisition of Valmont SM A/S from Valmont Industries, Inc. (NYSE:VMI) on December 30, 2022. Upcoming Dividend • Dec 22
Upcoming dividend of US$0.55 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 17 January 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%). Announcement • Nov 15
Euro Steel Invest Af 1/1 2012 A/S signed a definitive agreement to acquire Valmont SM A/S from Valmont Industries, Inc. Euro Steel Invest Af 1/1 2012 A/S signed a definitive agreement to acquire Valmont SM A/S from Valmont Industries, Inc. (NYSE:VMI) on November 14, 2022. The transaction is subject to customary closing conditions. Valmont Industries, Inc. (NYSE:VMI) plans to utilize the net cash proceeds from this transaction toward repayment of short-term borrowings. The deal is expected to close in the forth quarter of 2022. Announcement • Nov 03
Valmont Appoints Gene Padgett as Senior Vice President, Finance and Chief Accounting Officer Valmont Industries, Inc. announced Gene Padgett will join the company as SVP, Finance and Chief Accounting Officer effective November 1, 2022. Mr. Padgett will be an integral leader on the finance team overseeing the Company’s accounting and SEC reporting functions, and reporting directly to Avner Applbaum, EVP and Chief Financial Officer. Prior to joining Valmont, Mr. Padgett was SVP and Chief Accounting Officer for DXP Enterprises, a distributor of maintenance, repair, operating and production (MROP) products and services. He previously held controllership and tax roles at Enbridge Energy (formerly Spectra Energy Corporation) and Duke Energy Corporation and spent over 5 years at PricewaterhouseCoopers. He holds a BBA in Accounting from Prairie View A&M University in Texas and is a Certified Public Accountant. Announcement • Nov 02
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on January 17, 2023 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.55 cents per share payable on January 17, 2023 to shareholders of record on December 30, 2022. The dividend indicates an annual rate of $2.20 per share. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$3.38 (vs US$2.44 in 3Q 2021) Third quarter 2022 results: EPS: US$3.38 (up from US$2.44 in 3Q 2021). Revenue: US$1.10b (up 26% from 3Q 2021). Net income: US$72.1m (up 40% from 3Q 2021). Profit margin: 6.6% (up from 5.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 27
Valmont Industries, Inc. Revises Earnings Guidance for the Year 2022 Valmont Industries, Inc. revised earnings guidance for the year 2022. For the year, the company now expects net sales growth of 22% against previous outlook of 20% to 21%. GAAP Diluted EPS now expects to be in the range of $12.95 to $13.30 against previous outlook of $12.90 to $13.30. Buying Opportunity • Oct 22
Now 21% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be €368, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 8.9% in a year. Earnings is forecast to grow by 38% in the next year. Announcement • Oct 13
Valmont Industries, Inc. to Report Q3, 2022 Results on Oct 26, 2022 Valmont Industries, Inc. announced that they will report Q3, 2022 results on Oct 26, 2022 Upcoming Dividend • Sep 15
Upcoming dividend of US$0.55 per share Eligible shareholders must have bought the stock before 22 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.0%). Recent Insider Transactions • Aug 14
Insider recently sold €270k worth of stock On the 11th of August, Timothy Francis sold around 980 shares on-market at roughly €276 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €834k more than they bought in the last 12 months. Recent Insider Transactions • Jul 30
Independent Director recently sold €207k worth of stock On the 27th of July, James Milliken sold around 820 shares on-market at roughly €252 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €563k more than they bought in the last 12 months. Announcement • Jul 27
Valmont Industries, Inc. Declares Quarterly Dividend, Payable on October 14, 2022 Valmont Industries, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.55 cents per share payable on October 14, 2022 to shareholders of record on September 23, 2022. The dividend indicates an annual rate of $2.20 per share. Reported Earnings • Jul 22
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: US$1.14b (up 27% from 2Q 2021). Net income: US$76.1m (up 23% from 2Q 2021). Profit margin: 6.7% (down from 6.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.5%, compared to a 9.1% growth forecast for the industry in Germany. 
