Valmont Industries Reports Strong Q2 Earnings Driven by Infrastructure Growth
Valmont Industries (NYSE:VMI) reported second-quarter net sales of $1.12 billion, up 6.5%, and diluted EPS increased to $6.14, a rise of 25.8%. The growth was primarily driven by the Infrastructure segment with strong performance in North America Utility (+33.9%) and Coatings (+16.6%). Agriculture sales declined due to weak overseas demand.
Tickers: $VMI
Topics: Agriculture Earnings Beat Infrastructure Outlook Upgrade Sales Growth