Lindsay Corp (NYSE:LNN)
$ 125.56 -2.38 (-1.86%) Market Cap: 1.36 Bil Enterprise Value: 1.33 Bil PE Ratio: 20.86 PB Ratio: 2.83 GF Score: 85/100

Q4 2023 Lindsay Corp Earnings Call Transcript

Oct 19, 2023 / 03:00PM GMT
Release Date Price: $122.58 (+14.65%)
Operator

Hello, and welcome to the Lindsay Corporation Fourth Quarter 2023 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Randy Wood, President and CEO. Please go ahead.

Randy A. Wood
Lindsay Corporation - President, CEO & Director

Thank you, Anne. Good morning, everyone. Welcome to our fourth quarter and full year earnings call. With me today is Brian Ketcham, our Chief Financial Officer.

Fiscal 2023 marked a year of significant achievements for Lindsay. Our teams executed extremely well across both of our business segments, which helped deliver record full year net earnings and earnings per share results. Fourth quarter performance was highlighted by strong irrigation results, specifically in Brazil, which recorded record levels of revenue and operating income. Our commercial efforts, including price management, coupled with the efficiency initiatives and organic growth in our international regions helped drive record operating income and operating margins

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