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Valmont Industries Inc (VMI.N)

VMI.N on New York Stock Exchange

117.58USD
7 Dec 2018
Change (% chg)

$-3.29 (-2.72%)
Prev Close
$120.87
Open
$120.91
Day's High
$122.67
Day's Low
$117.02
Volume
39,765
Avg. Vol
32,160
52-wk High
$171.55
52-wk Low
$112.00

Latest Key Developments (Source: Significant Developments)

Valmont Signs Definitive Agreement To Acquire New Zealand Coatings Operations
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Valmont Industries Inc ::VALMONT SIGNS DEFINITIVE AGREEMENT TO ACQUIRE NEW ZEALAND COATINGS OPERATIONS.VALMONT INDUSTRIES INC - TRANSACTION WILL BE FUNDED WITH CASH ON HAND.VALMONT INDUSTRIES INC - AFTER CONSIDERATION FOR TRANSACTION COSTS, COMPANY EXPECTS TO ACHIEVE YEAR 1 EPS ACCRETION OF $0.06.  Full Article

Press Release - Rock Gate Partners Sells Walpar To Valmont Industries
Thursday, 9 Aug 2018 

Valmont Industries Inc ::PRESS RELEASE - ROCK GATE PARTNERS SELLS WALPAR TO VALMONT INDUSTRIES.  Full Article

Valmont Acquires Manufacturer Of Engineered Overhead Sign Structures Walpar LLC
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Valmont Industries Inc ::VALMONT ACQUIRES INDUSTRY-LEADING MANUFACTURER OF ENGINEERED OVERHEAD SIGN STRUCTURES.TRANSACTION WAS FUNDED WITH CASH ON HAND, WITH A PORTION OF PROCEEDS PAYABLE IN EARLY 2019.COMPANY EXPECTS TO ACHIEVE YEAR 1 EPS ACCRETION OF APPROXIMATELY $0.12.WALPAR'S SENIOR MANAGEMENT TEAM WILL CONTINUE TO LEAD BUSINESS.  Full Article

Valmont Acquires Majority Stake In Convert Italia SpA
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Valmont Industries Inc ::VALMONT ACQUIRES MAJORITY STAKE IN CONVERT ITALIA SPA, A LEADING PROVIDER OF SOLAR TRACKER SOLUTIONS.VALMONT INDUSTRIES INC - EXPECTS ACQUISITION TO BE SLIGHTLY EPS ACCRETIVE IN FISCAL 2018.VALMONT INDUSTRIES INC - TRANSACTION WAS FUNDED WITH CASH ON HAND.VALMONT INDUSTRIES INC - TRANSACTION WAS FUNDED WITH CASH ON HAND.VALMONT INDUSTRIES INC - EXPECTS EPS ACCRETION OF APPROXIMATELY $0.10 IN FISCAL 2019 FROM DEAL.VALMONT INDUSTRIES INC - CONVERT ITALIA EXECUTIVE TEAM WILL CONTINUE TO LEAD BUSINESS.  Full Article

Valmont Reports Second Quarter 2018 Results
Monday, 23 Jul 2018 

July 23 (Reuters) - Valmont Industries Inc ::VALMONT REPORTS SECOND QUARTER 2018 RESULTS.QTRLY EARNINGS PER SHARE $1.46.QTRLY ADJUSTED EARNINGS PER SHARE $1.98.SEES 2018 GAAP DILUTED EPS $6.12 - $6.22.SEES 2018 REVENUE GROWTH OF 4 PERCENT.SEES 2018 ADJUSTED DILUTED EPS $7.55 - $7.65.Q2 EARNINGS PER SHARE VIEW $1.95, REVENUE VIEW $715.1 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $7.66 -- THOMSON REUTERS I/B/E/S.QTRLY NET SALES $682.4 MILLION VERSUS $712.7 MILLION.FY2018 REVENUE VIEW $2.84 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Valmont Preannounces Second Quarter 2018 EPS Expectations And Reduces Full-Year Outlook
Thursday, 12 Jul 2018 

July 12 (Reuters) - Valmont Industries Inc ::VALMONT PREANNOUNCES SECOND QUARTER 2018 EPS EXPECTATIONS AND REDUCES FULL-YEAR OUTLOOK.SEES Q2 GAAP EARNINGS PER SHARE $1.50 TO $1.53.SEES 2018 ADJUSTED EPS IN RANGE OF $7.55- $7.65.SEES 2018 GAAP DILUTED EPS IN RANGE OF $6.51-$6.61.NOW SEES Q2 REVENUE GROWTH OF 4% COMPARED TO PREVIOUS GUIDANCE OF 7%.FOR ENGINEERED SUPPORT STRUCTURES, EXPECT FAVORABLE 2018 SEGMENT COMPARISONS FOR SECOND HALF OF YEAR.SEES Q2 2018 ADJUSTED DILUTED EARNINGS PER SHARE RANGE IN RANGE OF $1.92-$1.95.Q2 EARNINGS PER SHARE VIEW $2.22 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $8.04 -- THOMSON REUTERS I/B/E/S.  Full Article

Valmont Industries Announces Sale Of $255 Mln Of Senior Notes
Friday, 8 Jun 2018 

June 8 (Reuters) - Valmont Industries Inc ::VALMONT INDUSTRIES, INC. ANNOUNCES SALE OF $255 MILLION OF SENIOR NOTES.VALMONT INDUSTRIES - SALE OF $200 MILLION OF ITS 5.00% SENIOR NOTES DUE OCTOBER 1, 2044 & $55 MILLION OF ITS 5.25% SENIOR NOTES DUE OCTOBER 1, 2054.  Full Article

Valmont Industries sets quarterly dividend of $0.375 per share
Tuesday, 5 Jun 2018 

June 4 (Reuters) - Valmont Industries Inc ::SETS QUARTERLY DIVIDEND OF $0.375 PER SHARE.  Full Article

Valmont Industries Estimates One Time Tax Expense From ‍​Tax Cuts And Jobs Act
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Valmont Industries Inc ::VALMONT INDUSTRIES INC - ESTIMATED ONE TIME TAX EXPENSE FROM ‍​TAX CUTS AND JOBS ACT OF $35 MILLION- $40 MILLION - SEC FILING.  Full Article

Valmont Industries Inc says co and subsidiaries entered into a first amended and restated credit agreement​
Friday, 20 Oct 2017 

Oct 21 (Reuters) - Valmont Industries Inc :Valmont Industries Inc says ‍on Oct 18, 2017, co and subsidiaries entered into a first amended and restated credit agreement​ - SEC filing.Valmont Industries Inc - ‍company may increase credit facility by up to an additional $200 million at any time​.Valmont Industries Inc - ‍restated credit agreement provides for a $600 million committed unsecured revolving credit facility - SEC filing​.  Full Article