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Valmont Industries, Inc. Fourth Quarter and Full Year 2019 Earnings Presentation February 20, 2020
Valmont Industries, Inc.
Fourth Quarter and Full Year 2019
Earnings Presentation
Forward -looking Statement Disclosure
These slides contain (and the accompanying oral discussion will contain) “forward- looking
statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such
statements involve known and unknown risks, uncertainties and other factors that could
cause the actual results of the Company to differ materially from the results expressed or
implied by such statements, including general economic and business conditions, conditions
affecting the industries served by the Company and its subsidiaries, conditions affecting the
Company’s customers and suppliers, competitor responses to the Company’s products and
services, the overall market acceptance of such products and services, the integration of
acquisitions and other factors disclosed in the Company’s periodic reports filed with the
Securities and Exchange Commission. Consequently such forward- looking statements
should be regarded as the Company’s current plans, estimates and beliefs. The Company does not undertake and specifically declines any obligation to publicly release the results of
any revisions to these forward- looking statements that may be made to reflect any future
events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
2| February 20, 2020 | Valmont Industries, Inc. | 4Q 2019 Earnings Presentation4Q 2019 Segment Revenue and Segment Summaries
3| February 20, 2020 | Valmont Industries, Inc. | 4Q 2019 Earnings Presentation
•Strong demand from continued
state/local government spending
•25.0% growth in wirelesscommunication and components
led to record 4Q sales
•Significantly lower sales in
Access Systems from weak Australia markets•Favorable pricing in North
American markets offset by lower production levels vs. 2018 due to a plant closure
•Project timing delays led to lower
sales of solar tracker solutions
•Sales were $27M higher
compared to 3Q 2019•Acquisition revenue and
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