Detail akcie Valmont Indus online

Business Summary: Valmont Industries, Inc. is a manufacturer of products and services for infrastructure and agricultural markets. The Company operates through two segments: Infrastructure and Agriculture. The Infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, solar, lighting, transportation, and telecommunications, along with coatings services to protect metal products. Its Infrastructure segment is comprised of five primary product lines: Transmission, Distribution, and Substation (TD&S); Lighting and Transportation (L&T); Coatings; Telecommunications, and Solar. The Agriculture segment consists of the manufacture of center pivot components and linear irrigation equipment for agricultural markets, including parts and tubular products, and advanced technology solutions for precision agriculture. It manufactures and distributes mechanical irrigation equipment and related service parts under the Valley brand name.
Financial Summary: BRIEF: For the 13 weeks ended 30 March 2024, Valmont Industries, Inc. revenues decreased 8% to $977.8M. Net income increased 18% to $87.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Other decrease of 96% to $105K (expense), Interest Income increase from $830K to $1.8M (income), Equity Earnings – Net of Income Tax decrease of 98% to $20K (losses).