From The Motley Fool · The Motley Fool Team · · 30s
Valmont: 3 Key Takeaways for Long-Term Investors
Valmont's grid expansion and cost management boost long-term investor returns.
In brief
Valmont's grid expansion and cost management boost long-term investor returns. Valmont's grid expansion and cost management strategies support long-term investor returns. Originally reported by The Motley Fool.
Utility Customers Enter Multiyear Grid Expansion
North America utility sales increased 23% as utilities expand capacity and modernize electrical grids.
“My recent conversations with key utility customers reinforce our view that we are still early in a multi-year investment cycle”
Input Cost Inflation Delays Infrastructure Margins
Steel costs rose sharply above prior-year levels forcing reliance on contractual pass-throughs for margin expansion.
“When input costs stabilize we expect pricing to catch up and support infrastructure margin expansion”
Storm Repairs Offset Agriculture Weakness
North American agricultural revenue grew 15.8% through storm-replacement activity and aftermarket sales.
“Strong replacement activity contributed to the quarter's growth and demonstrated the value of the dealer network”
In short
Valmont's grid expansion and cost management strategies support long-term investor returns.
