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SEGUIN, Texas (AP) — SEGUIN, Texas (AP) — Alamo Group Inc. (ALG) on Thursday reported first-quarter profit of $31.8 million.

The Seguin, Texas-based company said it had net income of $2.64 per share. Earnings, adjusted for non-recurring costs, were $2.65 per share.

The maker of road maintenance, industrial and farm equipment posted revenue of $391 million in the period.

Alamo Group shares have decreased 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $178.53, a decrease of 8% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALG at https://www.zacks.com/ap/ALG