Valmont releases transcript of Q2 2026 earnings call

Reuters2026/07/21 20:41

By:Reuters

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Valmont released the transcript of its Q2 2026 earnings call attended by CEO Avner Applbaum, CFO John Schwietz, SVP Renee Campbell, and Chief Accounting Officer Eric Johnson.
Q2 net sales rose 6.5% to USD 1.12 billion; operating margin expanded 130 basis points to 14.8%; EPS increased 25.8% to USD 6.14.
Raised 2026 guidance: net sales USD 4.3 billion-USD 4.45 billion; diluted EPS USD 22.25-USD 23.5; capex unchanged at USD 170 million-USD 200 million.
Infrastructure sales rose 14.8% to USD 879 million; North America Utility grew 33.9%; Coatings rose 16.6%; Telecom fell 26.1% on lower carrier spending.
Management flagged accelerating input inflation as a near-term margin headwind, citing steel up 27%-30% YTD and diesel up 45% YTD; second-half infrastructure margins seen in line with first half.
Agriculture sales fell 15.8% to USD 244 million; operating margin improved 90 basis points to 16.5%; Middle East demand hit by conflict-driven project delays.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Valmont Industries Inc. published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Valmont releases transcript of Q2 2026 earnings call

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