Valmont Industries Inc (VMI) 2009年年度报告「NYSE」.pdf

1、Annual Report 2009at workValmont is recognized throughout the world as an industry leader in engineered support structures and services for infrastructure,and water management for agriculture.We grow our businesses by leveraging our existing products,markets and processes.We recognize that our growt

2、h will only create shareholder value if,at the same time,we exceed our cost of capital.Essential to our success is a company-wide commitment to customer service and innovation,and the ability to be the best cost producer for all products and services we provide.Recognizing that our employees are the

3、 cornerstone of our accomplishments,we pride ourselves on being people of passion and integrity who excel and deliver results.valmont s vision1Valmont Industries Annual Report 2009financialhighlights2009 2008 2007Operating ResultsNetsales$1,786.6$1,907.3$1,499.8Operatingincome238.0228.6155.6Netearni

4、ngs1150.6132.494.7Dilutedearningspershare5.735.043.63Dividendspershare0.5800.4950.410Financial PositionShareholdersequity2$786.3$624.1$510.6Long-termdebtasa%ofinvestedcapital315.2%31.7%27.3%Operating ProfitsGrossprofitasa%ofnetsales29.8%26.8%26.7%Operatingincomeasa%ofnetsales13.3%12.0%10.4%Netearnin

5、gsasa%ofnetsales8.4%6.9%6.3%Returnonbeginningequity24.1%25.9%23.6%Returnoninvestedcapital315.2%16.0%14.0%Year-End DataSharesoutstanding(000)26,29726,16825,945Approximatenumberofshareholders5,4005,8005,800Numberofemployees6,6267,3806,0291 NetearningsattributabletoValmontIndustries,Inc.2 TotalValmontI

6、ndustries,Inc.shareholdersequity.3 Seefootnote(a)onpage32ofthisdocumentanditem6onpages22through24oftheCompanysForm10-K.D o l l a r s i n M illions,except per share aMounts5.735.041.542.383.6305060708091,7861,9071,1081,2811,5000506070809238.0228.682.9110.1155.60506070809net salesoperating incomedilut