For the period ended March 31, Cervus Equipment Corp. (CVL), the publicly held John Deere dealership based in Calgary, reported its first-quarter revenue increased by 35.7% to $148.9 million from $109.8 million vs. the same period of 2012. At the same time, the dealership group said its profit decreased by $896,000 or 64.2% to $500,000 for the quarter from $1.4 million in 2012.
According to a note from Ben Cherniavsky, analyst for Raymond James, the…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
