897077--3/12/2008--ALAMO_GROUP

related topics

{stock, price, share}

{operation, international, foreign}

{condition, economic, financial}

{cost, regulation, environmental}

{acquisition, growth, future}

{stock, price, operating}

{competitive, industry, competition}

{financial, litigation, operation}

{operation, natural, condition}

{personnel, key, retain}

{provision, law, control}

Risks related to our business Deterioration of industry conditions could harm our business, results of operations and financial condition. A downturn in general economic conditions may adversely affect our business, results of operations and financial condition We depend on governmental sales and a decrease in such sales could adversely affect us Our dependence on, and the price and availability of, raw materials (such as steel and fuel) as well as purchased components may adversely affect our business, results of operations and financial condition. We operate in a highly competitive industry, and some of our competitors and potential competitors have greater resources than we do. We operate and source internationally, which exposes us to the political, economic and other risks of doing business abroad. Our acquisition strategy may not be successful, which may adversely affect our business, results of operations and financial condition. We may be unable to complete or integrate existing or future acquisitions effectively, and businesses we have acquired, or may acquire in the future, may not perform as expected. The agricultural industry and the mowing and growth maintenance industry are seasonal and are affected by the weather, and seasonal fluctuations may cause our results of operations and working capital to fluctuate from quarter to quarter. If we do not retain key personnel and attract and retain other highly skilled employees, our business will suffer We are subject on an ongoing basis to the risk of product liability claims and other litigation arising in the ordinary course of business. We are subject to environmental, health and safety and employment laws and regulations and related compliance expenditures and liabilities. Fluctuations in currency exchange rates may adversely affect our financial results Risks related to investing in our common stock Because the price of our common stock may fluctuate significantly and its trading volume has generally been low, it may be difficult for you to resell our common stock when desired or at attractive prices. You may experience dilution of your ownership interests due to the future issuance of additional shares of our common stock. Future sales, or the possibility of future sales, of a substantial amount of our common stock may depress the price of the shares of our common stock. There is no assurance that we will continue declaring dividends or have the available cash to make dividend payments. Provisions of our corporate documents may have anti-takeover effects that could prevent a change in control. Certain stockholders own a significant amount of our common stock, and their interests may conflict with those of our other stockholders.

Full 10-K form ▸

897077--3/12/2008--ALAMO_GROUP_INC