Industrial conglomerate Valmont Industries (NYSE: VMI ) reported first-quarter earnings that came in $0.10 per share better than consensus estimates but fell well short of expectations on the top line.
Valmont recorded revenues of $819.6 million in the quarter that ended March 30, a 14% increase over last year's $717.4 million, but below Wall Street's estimates of $876.3 million. On the bottom line, the�global provider of engineered products and services for infrastructure and mechanized irrigation equipment for agriculture generated $77.6 million, or $2.89 per share, up 47% from the year-ago figure and well ahead of the $2.79-per-share estimate.
Valmont Chairman and CEO�Mogens C. Bay was quoted as saying, "With the strong first quarter results, the continued strength in the utility markets and the anticipated improvement in engineered infrastructure products, it should be possible for us to exceed our February guidance even if irrigation results in the second half were below 2012's record second half levels."
Top Industrial Conglomerate Companies To Invest In 2014: Renishaw(RSW.L)
Renishaw plc engages in the design, manufacture, and sale of advanced precision metrology and inspection equipment and products for the healthcare sector. It offers industrial metrology products, which include co-ordinate measuring machine probe systems, machine tool probe systems, styli for touch probes, laser calibration and telescoping ball bars, and gauging products; additive manufacturing products, such as selective laser melting, micro moulding, and vacuum and metal casting systems; and position encoders, including magnetic, optical incremental linear, optical incremental rotary, optical absolute, and laser interferometer encoders. The company also provides medical devices, comprising dental CAD/CAM and stereotactic neurological systems; Raman spectroscopy applications, which include inVia Raman microscope, AFM Raman, SEM Raman, FT-IR Raman, and molecular diagnostics systems; and geometry software and services for software engineers. In addition, it manufactures and sells surgical robots for neurosurgical applications; and coils for the enhancement of images from MRI scanners. Further, the company sells diamond-like carbon coatings and shape memory alloys; and offers travel agency services. It operates primarily in the Far East, Continental Europe, North and South America, the United Kingdom, and internationally. Renishaw plc was founded in 1973 and is headquartered in Wotton-under-Edge, the United Kingdom.
Top Industrial Conglomerate Companies To Invest In 2014: Intl Barrier Technology Inc. (IBH.V)
International Barrier Technology Inc. develops, manufactures, and markets proprietary fire resistant building materials designed to protect people and property from the destruction of fire in the United States. The company uses non-toxic Pyrotite formulation that is used to coat wood panels and has application to engineered wood products, paint, plastics, and expanded polystyrene. It offers Pyrotite, a fire-barrier material designed to prevent ignition and inhibit the spread of flames. The company markets its products as LP FlameBlock fire-rated oriented strand board sheathing for residential roof deck, wall assembly, wildland urban interface zones, and structurally insulated panel market; and MuleHide FR deck panels for the commercial modular market. International Barrier Technology Inc. offers its products to builders through building product distribution companies. The company was formerly known as Barrier Technology Inc. and changed its name to International Barrier Te chnology Inc. in November 1996. International Barrier Technology Inc. was founded in 1986 and is based in Watkins, Minnesota.
5 Best Industrial Disributor Stocks To Buy For 2014: Olidata Spa(OLI.MI)
Olidata S.p.A. engages in the production and distribution of personal computers in Europe. It purchases, assembles, services, markets, and programs computers, laser printers, tapes and accessories for the computers; and supports the magnetic reproduction of data for computers and accessory equipment, and other office machines and equipment. In addition to personal computers, Olidata's range of products includes notebooks, workstations, servers, monitors, and LCD televisions. The company also purchases and sells patents, technical processes, and know-how; and acquires and grants licenses.
Top Industrial Conglomerate Companies To Invest In 2014: Silicon Motion Technology Corporation(SIMO)
Silicon Motion Technology Corporation, a fabless semiconductor company, designs, develops, and supplies a portfolio of multimedia data processing, storage, and transfer solutions primarily for consumer electronics applications. The company offers a range of microcontrollers for use in NAND flash memory storage products, including flash memory cards, USB flash drives, and embedded flash and solid state drives. It also offers a range of multimedia SoCs comprising embedded graphics processors for embedded graphics applications in desktop and notebook personal computers, game consoles, work stations, and multimedia mobile phones. In addition, the company provides semiconductor solutions consisting of mobile television tuners and integrated tuner plus demodulator SoCs for mobile phones and other portable devices; and CDMA transceivers for CDMA 1x and EVDO modem solutions, as well as transceivers for LTE modem solutions. It sells its products to module makers, original equipment manufacturers, and original design manufacturers through its direct sales force and distributors in Canada, China, Europe, Japan, Korea, Taiwan, and the United States. The company is headquartered in Jhubei City, Taiwan.
Top Industrial Conglomerate Companies To Invest In 2014: RM Plc(RM.L)
RM plc provides educational products and services for schools, colleges, universities, and local government and central government departments and agencies in the United Kingdom and internationally. The company offers learning technologies, education resources, and assessment and data services. Its learning technologies products consist of classroom technology comprising learning platforms, computer systems, and interactive teaching equipment; and infrastructure and managed services, including systems, networking, and MIS. The company?s education resources comprise curriculum-focused products, such as teaching equipment and materials, furniture, and software. Its assessment and data services consist of systems, platforms, and outsourcing for testing and qualifications; and data analysis and dissemination services for teachers, parents, and policy makers. The company offers various products and services through its Web site, including application software and educational s oftware; laptops, and desktop and mobile PCs; peripherals and electronic products, such as printers and scanners, monitors, TVs, digital signage, mice and keyboards, cameras and camcorders, and audio-visual and music devices; notebook and printer accessories; storage and media products; PC components and memory products; monitor and display accessories; and cables and connectors. Its other products comprise networking and communication products and services, which include network cables and accessories, Internet and email, and servers, storage, and backup products; educational/teaching products; and office products and furniture for teaching and learning environment. The company also offers training, support services, insurance and warranty, collection and disposal services, and RM UtilEyes monitors, as well as involves in leasing servers, software, and furniture. RM plc was founded in 1973 and is headquartered in Abingdon, the United Kingdom.
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