What is the current Valmont Industries share price?

The current share price of Valmont Industries is US$ 555.35

How many Valmont Industries shares are in issue?

Valmont Industries has 19,413,651 shares in issue

What is the market cap of Valmont Industries?

The market capitalisation of Valmont Industries is USD 10.78B

What is the 1 year trading range for Valmont Industries share price?

Valmont Industries has traded in the range of US$ 326.22 to US$ 585.71 during the past year

What is the PE ratio of Valmont Industries?

The price to earnings ratio of Valmont Industries is 31.12

What is the cash to sales ratio of Valmont Industries?

The cash to sales ratio of Valmont Industries is 2.61

What is the registered address of Valmont Industries?

The registered address for Valmont Industries is 15000 Valmont Plaza, Omaha, Nebraska, 68154-5215

What is the Valmont Industries website address?

The website address for Valmont Industries is www.valmont.com

Which industry sector does Valmont Industries operate in?

Valmont Industries operates in the Industrial Conglomerates sector

Valmont Industries【VMI】銘柄情報

期間 †	前日比	前日比 %	始値	高値	安値	平均出来高	VWAP
1	-18.96	-3.30135292786	574.31	585.71	553.33	275203	571.22928474	CS
4	11.88	2.18595322649	543.47	585.71	511.225	270003	556.13761791	CS
12	133.37	31.6057633063	421.98	585.71	394.455	238967	513.4252691	CS
26	152.46	37.8415944799	402.89	585.71	379.28	199927	477.01923704	CS
52	220.38	65.7909663552	334.97	585.71	326.22	186261	433.10512719	CS
156	264.3	90.8091393231	291.05	585.71	188.625	169911	328.19121163	CS
260	318.94	134.909690791	236.41	585.71	188.625	144556	311.69855468	CS

期間 †

前日比

前日比 %

始値

高値

安値

平均出来高

VWAP

-18.96

-3.30135292786

574.31

585.71

553.33

275203

571.22928474

11.88

2.18595322649

543.47

585.71

511.225

270003

556.13761791

133.37

31.6057633063

421.98

585.71

394.455

238967

513.4252691

152.46

37.8415944799

402.89

585.71

379.28

199927

477.01923704

220.38

65.7909663552

334.97

585.71

326.22

186261

433.10512719

156

264.3

90.8091393231

291.05

585.71

188.625

169911

328.19121163

260

318.94

134.909690791

236.41

585.71

188.625

144556

311.69855468

INSIGHT-US farmers hit paydirt with irrigation in arid spring
BY Reuters— 7:00 AM ET 06/22/2012

* Irrigation equipment sales hit record highs

* Farmers scramble to get wells dug amid drought fears

* Economics of crop irrigation pay off for some growers

By P.J. Huffstutter

MILL CREEK, Indiana, June 22 (Reuters) - Bouncing down a county back road, squinting as a blazing sun intensifies one of the hottest, driest Midwest springs ever, farmer Dale Tuholski steers his pick-up truck between fortune and failure.

To his left, new irrigation machinery sprays a fine mist across his corn field in northern Indiana, where emerald green plants sway in the breeze. To his right is a neighbor's land: the soil dry and dusty, the corn leaves curled.

Amid the warmest first five months of the year since 1894 in the U.S. heartland, a rapidly expanding minority of farmers like the Tuholskis and Kyle Clute - who manages 25,000 acres (1 0,000 hectares) 100 miles (16 0 km) sou thwest of Tuholski's farm - are taking out an expensive hedge against increasingly volatile weather: buying new irrigation equipment for their corn or soybean fields.

"We don't want Mother Nature to control our destiny anymore," said Clute, who farms corn and soybean fields in Warren County, Indiana.

The potent mix of ever-warmer weather and expectations of near-record farm income of $92 billion for 2012 is fueling all-time-high sales of such equipment, with revenues up a third or more at leading firms. Center-pivot irrigators are particularly popular with farmers in water-strapped areas because the machinery can extend the reach of limited natural resources.

While many farmers are merely upgrading aging equipment, manufacturers say that a sizeable share is now being sold to growers who have never before irrigated. In Indiana, the number of registered new wells is growing at the fastest rate in two decades; drilling firms are struggling to keep up with demand.

As the trend grows, the implications will spread.

In a year like this one, for instance, even small shifts in the amount of acreage that is mechanically irrigated could help mitigate yield losses. For analysts and grain traders, such shifts could complicate efforts to forecast production outcomes based on weather conditions.

It may also intensify the growing friction over water use as expanding populations, bumper crop harvests, ethanol production and even the boom in hydraulic fracturing consume ever-larger volumes of the country's finite water supply.

While the amount of water needed for traditional dryland crop fields is likely to remain small, environmentalists caution that a new, and potentially large, consumer group tapping into the nation's groundwater supply could have untold consequences.

CORN BELT EYES WATER

About 94 percent of the nation's four major commodity crops - corn, soybeans, wheat and cotton - is grown on farmland that relies on rain for moisture, according to the most recent federal data from 2008. About 61 percent of that land is in the western half of the country, in states including Nebraska, California, Idaho and Kansas.

To the east, the land's fertility and natural weather patterns have typically been enough to produce a crop using only rain. In other cases, running a mechanized irrigation system simply didn't make economic sense.

For many farmers like Clute, increasingly efficient technology not only helps their operations, it also offers a tax deduction on farm income after several years of near-record grain prices and healthy profits.

The boom in agricultural land values and rents also has them looking to such machinery as a way to boost revenues - through bigger yields - from the soil they already own.

Farmers in the wheat-growing Plains states understand this dynamic well: The value of irrigated land has surged far faster than non-irrigated land since last summer, when a drought gripped much of the region.

In the first quarter of this year, the value of irrigated Plains farmland jumped 31.8 percent, outpacing rain-dependent farms, which rose by 24.7 percent from a year earlier, according to the Federal Reserve Bank of Kansas City. It was by far the widest disparity in growth rates since at least 1980.

NEW CUSTOMERS FUEL BOOMING BUSINESS

The mounting global anxiety over strained water resources is well known, as is the impact of increasingly erratic and extreme weather conditions.

Earlier this month, Israeli scientist Daniel Hillel - who pioneered a new way to apply water in small, steady amounts directly to plant roots in arid regions - was named the winner of the 2012 World Food Prize and honored at the U.S. State Department.

But the response to these trends by U.S. commodity farmers - responsible for producing about a third of the world's corn and soybeans - is only now becoming apparent. While biotechnology companies race to develop more drought-resistant strains, farmers are investing capital.

Valmont Industries Inc (VMI), a leading U.S. manufacturer of center-pivot and linear irrigation equipment, reported a 30 percent jump in global sales of irrigation equipment and parts to $196.3 million in the first quarter. Rival Lindsay Corp (LNN) said U.S. irrigation revenues surged 39 percent in the six months to Feb. 29.

At T-L Irrigation Co in Hastings, Nebraska, a privately held farm irrigation equipment maker, sales last year were the highest in its 57-year history.

The company is recruiting new dealers to meet rising demand in the central and eastern portions of the Corn Belt, a region that made up only about 5 percent of its sales a decade ago, said David Thom, T-L Irrigation's vice president of sales. Now, dryland farms in the area are about 15 percent.

"They're family farmers who might have 1,000 acres," Thom said. "They'll start with one or two and that's good, because they like to walk before they run. Then, they'll buy more."

The Tuholskis fit this mold. The family bought their first irrigation equipment in 1980, during the last agricultural boom. Slowly, the family expanded: The seven center-pivot irrigation machines they bought this past year bring their total to 40.

"We can farm less acreage and have more income potential," said Tuholski, whose family farms corn, soybeans, seed corn and other specialty crops. "And we don't have to worry quite so much about the weather."

WISHING MORE WELLS

As farmer demand grows, so does the waiting list for well-drillers in drought-prone areas.

In Indiana, the fifth-largest corn-producing state, the number of new irrigation wells was up 6.2 percent from the end of 2009 through May 2012, according to data compiled by the Indiana Department of Natural Resources' water division. That increase, the sharpest jump since the early 1990s, was driven in part by farmers rushing to plant more corn acres as U.S. prices hit record highs, state agency officials say.

In Taylor, Missouri, the staff of Landmark Irrigation Corp has been booked solid since last fall with orders for new irrigation wells to be dug on farms in Illinois, Missouri and Iowa. Many of Landmark's clients are buying equipment for farms that have never been irrigated, co-owner Deb Sutter said.

Most of the calls have been from producers who farm at least 1,000 acres, she said. But as the rains have waned, smaller operators have started to call too. For most of Illinois, much of Missouri and large stretches of central and east-central Iowa, the rainfall of the past three months is 25 to 50 percent below normal.

"We're the busie

Valmont Reports Third Quarter Results
Wednesday October 17, 5:30 pm ET
Third Quarter Highlights:
* Net sales rose 20%.
* Operating income rose 30% and was 10.1% of net sales.
* Net earnings increased 72%.
* Effective tax rate was 22.1% due to the expiration of certain tax contingencies, other tax benefits and the mix of international sales.

OMAHA, Neb., Oct. 17 /PRNewswire-FirstCall/ -- Valmont Industries, Inc. (NYSE: VMI - News), a leading global manufacturer of engineered support structures for infrastructure, mechanized irrigation equipment for agriculture, and a provider of coating services and tubular products, reported third quarter sales of $372.0 million compared with $310.9 million for the same period of 2006. Net earnings for the third quarter were $25.9 million, or 99 cents per diluted share, versus third quarter 2006 net earnings of $15.1 million, or 58 cents per diluted share. Included in the results for the third quarter of 2006 were a $0.7 million after-tax gain from the sale of property and a $2.1 million after-tax charge at a non-consolidated subsidiary. The most significant reason for a lower effective tax rate was approximately $1.4 million in income tax benefits related to activities in prior tax years that were recognized during the quarter.
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For the first nine months of 2007, sales were $1,115.0 million versus $953.3 million in 2006. Valmont's nine month net earnings were $71.6 million, or $2.74 per diluted share, compared with 2006 nine month net earnings of $45.4 million, or $1.76 per diluted share.

Third Quarter Review:

"Very strong market conditions in our four biggest segments drove a 20% increase in sales," said Mogens C. Bay, Valmont's Chairman and Chief Executive Officer.

"Strength in the global agricultural economy driven by higher crop prices led to increased demand in our Irrigation Segment.

"As the utility industry continues to invest in the transmission grid, Utility Support Structure Segment sales increased.

"In the Engineered Support Structures Segment, growing global infrastructure development drove sales gains.

"Gains in Coatings and Tubing Segment sales reflect strong domestic demand and increased volumes.

"The effective tax rate of 22.1% resulted from the expiration of certain tax contingencies and a favorable mix of international earnings.

"Favorable markets and our continued focus on improving performance led to operating income as a percent of sales of 10.1% versus 9.3% in the third quarter of 2006."

Third Quarter Summary -- Infrastructure Markets: (71% of 3rd Quarter Net Sales)

Engineered Support Structures Segment (42% of 3rd Quarter Net Sales)

Structures and specialty structures for lighting and traffic, wireless communication and overhead signs, worldwide. Includes utility support structures outside of North America.

Sales were $164.8 million, an increase of 24% over last year's $133.3 million third quarter level. The increase in sales was due to strong demand for utility and wireless communication structures in China and increased infrastructure spending in Europe. In North America, lighting product sales to lighting fixture manufacturers increased as well as specialty structure sales. Sales to the transportation market were slightly lower in North America, reflecting slower highway funding for municipalities and departments of transportation.

Segment operating income increased 15% to $16.7 million and was 10.1% of segment sales. The improvement in operating profit was largely due to the strong performance in Europe and China.

Utility Support Structures Segment (20% of 3rd Quarter Net Sales)

Steel and concrete structures for electric power delivery in North America.

Sales increased 19% to $79.1 million compared with $66.3 million in 2006. The improvement in sales reflects increased investment by utility companies in transmission and distribution structures for electrical power delivery.

Greater investments in the transmission and distribution grid should lead to a more reliable network, and are supported by provisions in the 2005 energy bill that created incentives for utilities to upgrade the transmission and distribution grid.

Operating income increased 50% to $10.0 million and was 12.7% of segment sales. The increase was mostly due to operating leverage on higher volumes and a more favorable pricing environment.

Coatings Segment (9% of 3rd Quarter Net Sales)

Hot-dip galvanizing and other coatings services to protect against corrosion of steel and aluminum in North American markets.

Sales of $34.3 million were 15% above last year's $29.9 million. Improved conditions in the industrial economy and strong internal demand drove the sales increase. Steel fabricators and structure manufacturers continue to recognize that hot-dip galvanizing is a cost effective method to extend service life and protect steel structures exposed to the elements from corrosion.

Segment operating income rose to $6.1 million, an increase of 3% and was 17.8% of segment sales due to manufacturing leverage on increased unit volume. Included in the results for the third quarter of 2006 was a $1.1 million gain on the sale of property.

Third Quarter Summary -- Agricultural Markets: (28% of 3rd Quarter Net Sales)

Irrigation Segment (22% of 3rd Quarter Net Sales)

Center pivot and linear move mechanized irrigation equipment and related service parts for agriculture in global markets.

Sales improved 25% to $84.8 million compared with $67.8 million in 2006. North American sales were supported by historically strong crop prices and grower expectations for an improved agricultural economy. Additionally, increased usage of irrigation equipment during the hot growing season resulted in greater sales of replacement parts.

International sales increased in most markets for mechanized irrigation equipment. Reduced global grain stocks have led to a tightening of supplies, resulting in higher crop prices. Higher global grain prices and an increased emphasis on the efficient use of water for irrigation are the primary drivers for growth in agricultural markets worldwide.

Segment operating income increased 59% to $8.9 million and was 10.4% of segment sales. The improved operating income resulted from the increased volume and related operating leverage.

Tubing Segment (6% of 3rd Quarter Net Sales)

Custom steel tubing for mechanical and structural applications.

Sales were 5% higher at $24.1 million. Demand continued strong from agricultural equipment manufacturers, driven by the increased need for grain handling and storage in anticipation of a large harvest season.

Segment operating income increased 13% to $4.3 million as a result of higher volumes and a favorable sales mix, and was 17.9% of segment sales.

Fourth Quarter Outlook:

Commenting on the outlook for the fourth quarter, Mr. Bay said, "We are expecting favorable comparisons in sales, operating income and earnings per share for the fourth quarter. Our businesses continue to perform well, market conditions are favorable and the long term drivers are supportive."

An audio discussion of Valmont's third quarter results by Mogens C. Bay, Chairman and Chief Executive Officer and Terry J. McClain, Senior Vice President and Chief Financial Officer, will be available live by telephone by dialing 1-877-493-2981 and entering Conference ID#: 2635157 or via the Internet at 8:00 a.m. October 18, 2007 CDT, by pointing browsers to: http://www.valmont.com/asp/investor_relations/ir6.asp. After the event you may listen by accessing the above link or by telephone. Dial 1-800-642-1687 or 706-645-9291, and enter the Conference ID#:2635157 beginning October 18, 2007 at 10:00 a.m. CDT through 12:00 p.m. CDT on October 25, 2007.

Valmont is the global leader in designing and manufacturing poles, towers and structures for lighting and traffic, wireless communication and utility markets, and a provider of protective coating services. Valmont also leads the world in mechanized irrigation equipment for agriculture, enhancing food production while conserving and protecting natural water resources. In addition, Valmont produces a wide variety of tubing for commercial and industrial applications.

This release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that management has made in light of experience in the industries in which Valmont operates, as well as management's perceptions of historical trends, current conditions, expected future developments and other factors believed to be appropriate under the circumstances. As you read and consider this release, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (some of which are beyond Valmont's control) and assumptions. Although management believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect Valmont's actual financial results and cause them to differ materially from those anticipated in the forward-looking statements. These factors include among other things, risk factors described from time to time in Valmont's reports to the Securities and Exchange Commission, as well as future economic and market circumstances, industry conditions, company performance and financial results, operating efficiencies, availability and price of raw material, availability and market acceptance of new products, product pricing, domestic and international competitive environments, and actions and policy changes of domestic and foreign governments. The Company cautions that any forward-looking statement included in this press release is made as of the date of this press release and the Company does not undertake to update any forward-looking statement.

VALMONT INDUSTRIES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in thousands, except per share amounts)
(unaudited)

Third Quarter Year-to-Date
13 Weeks Ended 39 Weeks Ended
29-Sep-07 30-Sep-06 29-Sep-07 30-Sep-06
Net sales $372,033 $310,904 $1,114,972 $953,320
Cost of sales 274,461 230,234 819,719 711,895
Gross profit 97,572 80,670 295,253 241,425
Selling, general and
administrative expenses 59,858 51,651 179,573 158,920
Operating
income 37,714 29,019 115,680 82,505
Other income (expense)
Interest expense (4,470) (4,328) (13,159) (12,815)
Interest income 666 549 1,796 1,497
Miscellaneous (319) 113 (342) 1,297
(4,123) (3,666) (11,705) (10,021)
Earnings before income
taxes, minority
interest, and equity
in earnings (losses)
of nonconsolidated
subsidiaries 33,591 25,353 103,975 72,484
Income tax expense 7,436 7,495 31,410 23,660
Earnings before
minority interest,
equity in earnings
(losses) of
nonconsolidated
subsidiaries 26,155 17,858 72,565 48,824
Minority interest (700) (393) (1,355) (902)
Earnings (losses) in
nonconsolidated
subsidiaries 438 (2,403) 372 (2,490)
Net earnings $25,893 $15,062 $71,582 $45,432

Average shares
outstanding (000's) -
Basic 25,570 25,255 25,500 25,027
Earnings per share - Basic $1.01 $0.60 $2.81 $1.82

Average shares
outstanding (000's) -
Diluted 26,207 25,851 26,096 25,743
Earnings per share -
Diluted $0.99 $0.58 $2.74 $1.76

Cash dividends per share $0.105 $0.095 $0.305 $0.275

VALMONT INDUSTRIES, INC. AND SUBSIDIARIES
SUMMARY OPERATING RESULTS
(Dollars in thousands)
(unaudited)

Third Quarter Year-to-Date
13 Weeks Ended 39 Weeks Ended
29-Sep-07 30-Sep-06 29-Sep-07 30-Sep-06

Net sales
Engineered Support
Structures $164,768 $133,268 $450,598 $386,430
Utility Support
Structures 79,062 66,340 249,192 208,806
Coatings 34,321 29,936 103,351 82,534
Infrastructure
products 278,151 229,544 803,141 677,770

Irrigation 84,822 67,803 285,301 242,527
Tubing 24,106 22,997 76,652 70,134
Agriculture
products 108,928 90,800 361,953 312,661

Other 5,253 4,328 16,660 13,397
Less: Intersegment
sales (20,299) (13,768) (66,782) (50,508)
Total $372,033 $310,904 $1,114,972 $953,320

Operating Income
Engineered Support
Structures $16,679 $14,469 $42,102 $32,547
Utility Support
Structures 10,045 6,710 31,640 22,804
Coatings 6,117 5,917 17,217 13,180
Infrastructure
products 32,841 27,096 90,959 68,531

Irrigation 8,859 5,583 37,761 27,867
Tubing 4,308 3,812 13,982 11,114
Agriculture
products 13,167 9,395 51,743 38,981

Other 399 (373) 954 (1,438)
Corporate (8,693) (7,099) (27,976) (23,569)
Total $37,714 $29,019 $115,680 $82,505

Valmont has aggregated its business segments into five reportable
segments as follows.

Engineered Support Structures: This segment consists of the
manufacture of engineered metal structures and components for
the lighting, traffic and wireless communication industries
worldwide and certain international utility businesses.

Utility Support Structures: This segment consists of the
manufacture of engineered steel and concrete structures
primarily for the North American utility industry.

Coatings: This segment consists of galvanizing and other
coating services in North America.

Irrigation: This segment consists of the manufacture of
agricultural irrigation equipment and related parts and
services worldwide.

Tubing: This segment consists of the manufacture of steel
tubular products in North America.

In addition to these five reportable segments, Valmont also has other
businesses that individually are not more than 10% of consolidated
net sales. These businesses, which include machine tool accessories
and industrial fasteners, are reported in the "Other" category.

VALMONT INDUSTRIES, INC.
AND SUBSIDIARIES
CONDENSED CONSOLIDATED
BALANCE SHEETS
(Dollars in thousands)
(unaudited)

29-Sep-07 30-Sep-06
ASSETS
Current assets:
Cash and cash equivalents $69,337 $55,249
Accounts receivable, net 264,518 219,744
Inventories 212,982 176,160
Prepaid expenses 8,571 11,438
Refundable and deferred income
taxes 20,825 18,723
Total current assets 576,233 481,314
Property, plant and equipment, net 226,363 189,806
Goodwill and other assets 200,094 200,065
$1,002,690 $871,185

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current installments of
long-term debt $22,616 $18,254
Notes payable to banks 14,890 8,708
Accounts payable 113,357 99,502
Accrued expenses 98,352 80,411
Dividend payable 2,717 2,430
Total current liabilities 251,932 209,305
Long-term debt, excluding current
installments 200,521 205,880
Other long-term liabilities 67,339 72,290
Shareholders' equity 482,898 383,710
$1,002,690 $871,185