Alamo Group Inc. to Host Investor Meetings.Business Editors SEGUIN, Texas--(BUSINESS WIRE)--March 21, 2001 Alamo Group Inc. (NYSE NYSE See: New York Stock Exchange :ALG ALG antilymphocyte globulin. ALG antilymphocyte globulin. ALG Antilymphocyte globulin, see there ) announced that management will be hosting meetings with institutional investors on Wednesday and Thursday, March 21st and 22nd 2001, respectively. During its meetings, Alamo Group expects to confirm its previous guidance, provided in its press release dated February 20, 2001, of sales growth of more than 10% and earnings growth of more than 20% for 2001 compared to 2000. The Company remains concerned about continued weakness in the U.S. agriculture market, the epidemics, such as hoof hoof, horny epidermal casing at the end of the digits of an ungulate (hoofed) mammal. In the even-toed ungulates, such as swine, deer, and cattle, the hoof is cloven; in the odd-toed ungulates, such as the horse and the rhinoceros, it is solid. and mouth and mad cow diseases mad cow disease: see prion. mad cow disease or bovine spongiform encephalopathy (BSE) Fatal neurodegenerative disease of cattle. Symptoms include behavioral changes (e.g. , in the European agricultural markets, and an apparent slowdown in both the U.S. and European economies in general. Management expects to achieve its forecasted results for 2001 provided that market conditions do not deteriorate further and there is timely resolution to the epidemics facing farmers in Europe. Those wishing to view Alamo's investor presentation may do so by going to the investor relations Investor relations The process by which the corporation communicates with its investors. portion of the Company's web site at www.alamo-group.com. Alamo Group is a leader in the design, manufacture, distribution and service of high quality equipment for right-of-way maintenance and agriculture. Our products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, agricultural implements and related after market parts and services. The Company, founded in 1969, has over 1,400 employees and operates eleven plants in the United States and Europe as of March 2001. The corporate offices of Alamo Group Inc. are located in Seguin, Texas and the headquarters for the Company's European operations are located in Salford Priors, England. This release contains forward looking statements that are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: market demand, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company's SEC reports. The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date. |
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