SEGUIN, Texas — Alamo Group (ALG) reported results for the fourth quarter and year ended Dec. 31, 2018.
- Record net sales for full year of $1 billion, up 10.6%
- Record net income for full year of $73.5 million, up 65.8%
- Margin improvement helped drive income from operations to the 10% level
- Record net sales for the fourth quarter of $256 million, up 5.3%
- Industrial Division net sales of $160.0 million, up 8.7%
- Agricultural Division…