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VALMONT INDUSTRIES, INC.

(VMI)
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Valmont Industries : Mourns the Passing of Longtime Board Member Walter Scott, Jr.

09/27/2021 | 10:56am EST

OMAHA, Neb.--(BUSINESS WIRE)-- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced the recent passing of longtime Board member, Walter Scott, Jr.

Walter Scott, Jr. (Photo: Business Wire)

"It is with great sadness that I announce the passing of our friend and fellow Board Member, Walter Scott, Jr.," said Mogens C. Bay, Valmont Chairman of the Board. "Walter served on the Valmont Board for more than forty years. He was an excellent advisor whose strategic insights and wise counsel were critical to our company's growth and success. Walter leaves a legacy of leadership recognized by all of us who knew him, and touched many lives as a willing mentor and avid community supporter. His many contributions to Valmont will have a lasting impact for years to come. We are thankful for his dedicated service to our Board and for his guidance, wisdom and friendship. He will be deeply missed by the Valmont family."

Scott served as an independent Valmont board member since April 1981 and was Chairman of the Audit Committee for many years.

About Valmont Industries, Inc.

For over 75 years, Valmont® has been a global leader in creating vital infrastructure and advancing agricultural productivity. Today, we remain committed to doing more with less by innovating through technology. Learn more about how we're Conserving Resources. Improving Life.® at valmont.com.

Renee Campbell
+1.402.963.1057

Source: Valmont Industries, Inc.

Disclaimer

Valmont Industries Inc. published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 12:41:05 UTC.


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Financials (USD)
Sales 2021 3 405 M - -
Net income 2021 224 M - -
Net Debt 2021 - - -
P/E ratio 2021 23,0x
Yield 2021 0,84%
Capitalization 5 073 M 5 073 M -
Capi. / Sales 2021 1,49x
Capi. / Sales 2022 1,38x
Nbr of Employees 10 844
Free-Float 74,3%
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Number of Analysts 6
Last Close Price 239,03 $
Average target price 282,00 $
Spread / Average Target 18,0%
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Managers and Directors
Stephen G. Kaniewski President, Chief Executive Officer & Director
Avner M. Applbaum Chief Financial Officer & Executive Vice President
Mogens C. Bay Non-Executive Chairman
Claudio Laterreur Chief Information Officer & Senior VP-IT
Diane Larkin Executive Vice President-Global Operations
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