Alamo Group brands leverage a global network of 7,000 independent dealers, providing them with valuable access to a vast array of suppliers and distribution channels. This extensive network strengthens our brands' reach and enables efficient and effective distribution of our products.
In 2023, our Company achieved solid growth and improved profitability. Despite a challenging operating environment, we capitalized on market opportunities and executed key strategic initiatives with efficiency. These efforts, combined with favorable market conditions, resulted in record-breaking results for our Company.
At Alamo Group, we embrace a culture of continuous improvement with the belief that "what is good can always be better." This core principle drives our teams to constantly strive for excellence. While we are proud of our accomplishments in 2023, we have set even higher targets and raised our ambitions to elevate the performance of our company to new heights. (*2023 Earnings Per Share (Diluted) is $11.36)