Latest news with #ThomasLiguori
Globe and Mail
01-07-2025
- Business
- Globe and Mail
Valmont Industries, Inc. Announces Timing of Second Quarter 2025 Earnings Release and Conference Call
Valmont ® Industries, Inc. (NYSE: VMI), a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity, will release its second quarter 2025 financial results before the market opens on Tuesday, July 22, 2025. Following the earnings release, Avner M. Applbaum, President and Chief Executive Officer, and Thomas Liguori, Executive Vice President and Chief Financial Officer, will host a webcast and conference call at 8:00 a.m. CT on Tuesday, July 22, 2025 to discuss the financial results. To participate in the live call, you may dial +1 877.407.6184 or +1 201.389.0877 (no Conference ID needed), or connect via webcast using this link: Valmont Industries 2Q 2025 Earnings Conference Call. A slide presentation will simultaneously be available for download on the Investors page of A replay of the event can be accessed three hours after the call at the above link or by telephone at +1 877.660.6853 or +1 201.612.7415. Please use access code 13750347. The replay will be available through 10:59 p.m. CT on July 29, 2025. About Valmont Industries, Inc. For nearly 80 years, Valmont has been a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity. We are committed to customer-focused innovation that delivers lasting value. Learn more about how we're Conserving Resources. Improving Life. ® at
Business Wire
01-07-2025
- Business
- Business Wire
Valmont Industries, Inc. Announces Timing of Second Quarter 2025 Earnings Release and Conference Call
OMAHA, Neb--(BUSINESS WIRE)--Valmont ® Industries, Inc. (NYSE: VMI), a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity, will release its second quarter 2025 financial results before the market opens on Tuesday, July 22, 2025. Following the earnings release, Avner M. Applbaum, President and Chief Executive Officer, and Thomas Liguori, Executive Vice President and Chief Financial Officer, will host a webcast and conference call at 8:00 a.m. CT on Tuesday, July 22, 2025 to discuss the financial results. To participate in the live call, you may dial +1 877.407.6184 or +1 201.389.0877 (no Conference ID needed), or connect via webcast using this link: Valmont Industries 2Q 2025 Earnings Conference Call. A slide presentation will simultaneously be available for download on the Investors page of A replay of the event can be accessed three hours after the call at the above link or by telephone at +1 877.660.6853 or +1 201.612.7415. Please use access code 13750347. The replay will be available through 10:59 p.m. CT on July 29, 2025. About Valmont Industries, Inc. For nearly 80 years, Valmont has been a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity. We are committed to customer-focused innovation that delivers lasting value. Learn more about how we're Conserving Resources. Improving Life. ® at
Business Wire
28-04-2025
- Business
- Business Wire
Valmont to Participate in Gabelli's Omaha Value Investor Conference
OMAHA, Neb.--(BUSINESS WIRE)--Valmont ® Industries, Inc. (NYSE: VMI), a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity, today announced that management will participate in Gabelli's 16 th Annual Value Investor Conference in Omaha, NE. Avner M. Applbaum, President and Chief Executive Officer, and Thomas Liguori, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at 10:40 AM CT on Friday, May 2, 2025. Investors interested in accessing the Company's presentation may register to access the live event here. All registrants will receive a link to the event upon registration. About Valmont Industries, Inc. For nearly 80 years, Valmont has been a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity. We are committed to customer-focused innovation that delivers lasting value. Learn more about how we're Conserving Resources. Improving Life. ® at
Yahoo
23-04-2025
- Business
- Yahoo
Valmont Industries Inc (VMI) Q1 2025 Earnings Call Highlights: Navigating Challenges with ...
Net Sales: $969.3 million, a decrease of 0.9% year-over-year. Gross Margin: 30%, a decrease of 130 basis points from the prior year. Operating Income: $128.3 million, or 13.2% of sales. Diluted Earnings Per Share: $4.32, in line with the prior year period. Infrastructure Sales: Decreased 2.4%; telecom and utility growth offset by lower solar and lighting sales. Utility Sales: Increased 2.4%, driven by higher volumes and selling prices. Telecommunications Sales: Nearly 30% growth due to favorable carrier spending. Agriculture Sales: Increased 3.3%, approximately 6% on a constant currency basis. Operating Cash Flow: $65.1 million, driven by earnings and lower inventory. Capital Expenditures: $30.3 million, primarily for capacity expansion in the Infrastructure segment. Dividend Increase: 13% increase announced during the quarter. Stock Repurchase Program: $59 million of shares repurchased in the second quarter at an average price of $269 per share. 2025 Outlook: Net sales projected between $4.0 billion to $4.2 billion; EPS expected between $17.20 to $18.80. Warning! GuruFocus has detected 4 Warning Sign with WTFC. Release Date: April 22, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Valmont Industries Inc (NYSE:VMI) reported a strong backlog of $1.5 billion, indicating healthy order activity and volume growth. The company is actively mitigating tariff risks with a local for local supply chain strategy, reducing exposure to international tariffs. Valmont Industries Inc (NYSE:VMI) is investing in capacity expansion, with $30 million in CapEx directed towards increasing utility production. The telecommunications segment saw a robust 30% growth, driven by carrier spending on 5G upgrades and modernization. Valmont Industries Inc (NYSE:VMI) is implementing cost optimization initiatives, which could result in $15 million to $20 million in savings once fully implemented. Consolidated net sales decreased by 0.9% year-over-year, with a decline in gross margin due to a higher mix of lower-margin international projects. The agriculture segment is facing challenges due to lower crop prices and pressured farm income, impacting North American market conditions. Solar sales declined by more than 50%, reflecting lower volumes and the strategic decision to exit low-margin projects. The lighting markets have been soft, with international sales exposure facing challenges, particularly in the Asia-Pacific region. Tariffs resulted in a $3 million cost in the first quarter, although the company expects to be cost-neutral by the end of the year. Q: Have price actions been implemented to offset all of the tariff impacts to date, and is there any type of lag that we should expect from pricing? A: Thomas Liguori, Executive Vice President and Chief Financial Officer, explained that the team has done a good job mitigating tariffs, aiming for cost neutrality for the year. About half of the $80 million tariff exposure is managed through pricing, with the rest through supply chain adjustments. There might be a lag in pricing as backlog items are generally not repriced, with effects more visible in the second half of the year. Q: How should we think about the telecom business for the rest of the year, given the strong 30% growth in the first quarter? A: Avner Applbaum, President and Chief Executive Officer, noted that telecom has stabilized after a period of reduced carrier spending. Carriers are investing in 5G upgrades and modernization, with strong order rates expected to continue. The company is closely aligned with carrier investments, such as AT&T's RAN transition, and remains optimistic about ongoing carrier spending. Q: If steel prices increase significantly, how will that affect the second half earnings? A: Thomas Liguori mentioned that while steel prices rose earlier, they are starting to moderate, with futures indicating a decline in the second half. The company is working with suppliers to reduce costs, including freight and value-added operations, which should positively impact the year's end results. Q: Is the expectation for the North American irrigation market weaker now than it was three months ago? A: Avner Applbaum confirmed that the North American irrigation market is expected to be challenging due to uncertainty, leading farmers to delay investments. Despite this, the company continues to invest in technology and strategic accounts to be ready when the market recovers. Q: Can you elaborate on the order trends in Brazil and whether this indicates a true recovery? A: Avner Applbaum stated that after a tough year, Brazil is showing signs of stabilization with increasing order activity. While margins remain under pressure, the company is investing with dealers for future growth, and the region is expected to benefit from global trade dynamics. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
