Alamo Group, Inc. · NYSE:ALG
Alamo — Q4 2024 Earnings Presentation
18 slides from Alamo's earnings presentation, Feb 28, 2025
Slide 1: Investor Presentation - Alamo Group Inc. FY 2024
INVESTOR PRESENTATION ALAMO GROUP INC. NYSE: ALG FY 2024
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation and related conference call contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical facts and represent only the Company’s beliefs and expectations. Fo
Slide 3: Alamo Group at a Glance
Alamo Group at a Glance Publicly traded since 1993 (NYSE: ALG) Alamo Group, the parent company of over 40 global Quarterly dividend paid brands, operates through two divisions: Industrial continuously since going public Equipment and Vegetation Management. We specialize in manufacturing equipment th
Slide 4: We Operate Globally Through Two Divisions
We Operate Globally Through Two Divisions Industrial Equipment: This Division sells and services unique types of mobile equipment used for the maintenance of public and private infrastructure and other types of hardscapes, no matter the time of year. In 2024, this Division produced 52% of Alamo Grou
Slide 5: Manufacturing Operations
Manufacturing Operations Global Reach and Operational Scale 15 With a portfolio of 40+ brands, the Group operates 27 manufacturing locations worldwide. This extensive network enables Alamo Group to deliver its equipment, parts, and services across six continents. The Group’s commitment to quality, G
Slide 6: Our Brand
Our Brand Forestry, Tree Care, Recycling Biomass Production Solutions Agricultural Land Maintenance Landscaping & Turf Maintenance Roadside Mowing, Hedge and Brush Control Metal Mill & Mine Maintenance Our customers count on us to provide high-quality, high-performance equipment to maintain forests,
Slide 7: We Are Helping To Create a Greener Future
We Are Rivard Mistral Access The Schwarze EM6 Avalanche All-Electric Electric Sewer Cleaning Truck Sweeper Helping To Create a Greener Future Gradall EL 4100 All Electric Excavator Timberwolf TW 280hb Hybrid Electric Woodchipper 7 Alamo Group Investor Presentation Dixie Chopper Electric Zero-Turn Mo
Slide 8: Our Served Customer Groups
Our Served The Industrial Equipment Division Serves: • State, county, and municipal government agencies Customer Groups • Environmental cleaning contractors and rental fleet operators • Highway maintenance contractors Approximate Customer Segment Sales • Airport fixed base operators 2024 • Specialis
Slide 9: Our Commitment: Driving Shareholder Value
Our Commitment Targeted Long-Term Driving Shareholder Value Performance Metrics Alamo Group is well positioned to capitalize on its strong order backlog 5-10% and sustained demand across most of its served markets to maintain its historic track record of long-term growth and total shareholder return
Slide 10: Financial Highlights Full Year 2024
Financial Highlights Full Year 2024 4% from $1,629M Net Sales were $1.6 billion, a 3.6% decrease compared YTD 2023 to full year 2023 Industrial Equipment Division net sales grew 19% Vegetation Management Division net sales declined 20% Net Sales Operating Income margin of 10.1% softened by 1
Slide 11: Outlook 2025
Outlook 2025 Continued optimism in the strength of governmental markets, modestly tempered by the uncertain future direction of Federal fiscal policy An improvement in the agricultural equipment market expected late 2025 while the forestry and tree care markets begin to recover gradually Conti
Slide 12: Alamo Group Leadership
ALAMO GROUP LEADERSHIP 12 Alamo Group Investor Presentation
Slide 13: Corporate Office
Corporate Office Additional details about Alamo Group’s financial news and reports can be located on our website 1627 East Walnut St. in the following documents: Seguin, Texas 78155 Info@alamo-group.com Earning Release can be found at alamo- (830) 379-1480 group.com > Investors > Financial News Rele
Slide 14: Appendix
Appendix 14 Alamo Group Investor Presentation
Slide 15: Sales and Earnings Overview
Sales and Earnings Overview Sales and Earnings Sales by Division (USD Millions) (USD Millions) $2,000 $200 $1,200 $1,500 $150 $900 Earnings Sales $1,000 $100 $600 $500 $50 $300 $0 $0 $0 2022 2023 2024 2022 2023 2024 Net Sales Net Earnings Vegetation Industrial 15 Alamo Group Investor Presentation
Slide 16: Balance Sheet
Balance Sheet Year Ended December 31 (In USD Thousands) 2024 2023 2022 Current Assets 857,495 803,957 727,210 Total Assets 1,450,279 1,409,386 1,308,508 Current Liabilities 190,309 213,926 190,506 Working Capital 667,186 590,031 536,704 Total Debt 220,481 235,277 301,952 Total Debt Net of Cash 23,20
Slide 17: Income Statement
Income Statement Year Ended December 31 (In USD Thousands) 2024 2023 2022 Revenue 1,628,513 1,689,651 1,513,616 Gross Margin 412,488 453,644 376,518 % of Revenue 25.3% 26.8% 24.9% Operating Expenses 247,680 255,677 227,926 Operating Income 164,808 197,967 148,592 % of Revenue 10.1% 11.7% 9.8% Deprec
Slide 18: Reconciliation EBITDA
Reconciliation EBITDA Year Ended December 31 (In USD Thousands) 2024 2023 2022 Net Income 115,930 136,161 101,928 Interest, net 17,911 24,608 13,609 Provision for income taxes 33,698 38,959 32,382 Depreciation 36,857 32,454 31,412 Amortization 16,227 15,519 15,277 EBITDA (1) 220,623 247,701 194,608