(RTTNews) - Valmont Industries (VMI) said, for 2025, the company expects: earnings per share in a range of $17.20 to $18.80, and net sales in a range of $4.0 to $4.2 billion.
President and CEO Avner Applbaum said: "Looking ahead to 2025, demand for our Infrastructure products and solutions will drive continued sales growth. In Agriculture, international sales, particularly large-scale projects, will help offset expected market softness in North America."
Fourth quarter earnings per share increased to $3.84, compared to $1.38, or $3.18 adjusted, last year. Analysts on average had expected the company to earn $3.62 per share. Analysts' estimates typically exclude special items. Net sales increased 2.1% to $1.04 billion, compared to $1.02 billion.
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