Driving Growth and Transformation in Agriculture Technology
Reaffirming 2023 Financial Outlook
4 - 7%
Increase in Net Sales Y/Y
$14.80 $15.35
Diluted EPS
-
$15.45 - $16.00
Adjusted Diluted EPS1
•
•
•
•
Key Assumptions
+
2022 sales include the offshore wind energy structures business
which was divested at the end of fiscal 2022
Effective tax rate of 28% to 29%, primarily due to expected
geographic mix of earnings
Minimal expected foreign currency translation impact to net sales
Capital expenditures expected to be in the range of $105 to $125
million to support strategic growth and digital transformation
initiatives
Continued elevated inflation, raw material costs aligned with
current price projections, and ongoing R&D investments
1 Please see Reg G reconciliation to GAAP measures at the end of document.
CONSERVING RESOURCES. IMPROVING LIFE: Valmont
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