The Irrigation segment is a producer of mechanized irrigation systems, provider of water management solutions for agriculture, and technology for precision agriculture.

Revenue for the company, which also makes mechanized irrigation equipment for agriculture, rose marginally to $498.8 million.

For the first quarter, Valmont, which also makes mechanized irrigation equipment for agriculture, expects sales to be higher but earnings to be flat year-over-year.

Sales at the company, which also makes mechanized irrigation equipment for agriculture, fell 12 percent to $434 million.