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ALAMO GROUP INC (ALG) filed an 8-K current report with the SEC on May 4, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results for quarter ended March 31, 2026.
ALAMO GROUP INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results for quarter ended March 31, 2026
- Press release issued May 4, 2026
- Exhibit 99.1 contains financial results and management commentary
Item EX-99.1 · Exhibit EX-99.1
- Q1 sales $417.1M, up 6.7%; growth broad-based across Industrial Equipment and Vegetation Management divisions
- Net income fell to $29.2M from $31.8M; diluted EPS declined to $2.41 from $2.64
- Adjusted EBITDA $59.3M, but margin contracted to 14.2% from 14.9%; Vegetation Management margin fell to 11.2% from 12.7%
- Industrial Equipment backlog declined to $404.9M from $513.2M, signaling weaker forward order coverage despite 6.5% sales growth
- Petersen acquisition closed; $166.5M acquisition cash outflow and net debt increased to $95.2M from $16.5M year over year
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