AGCO reported third quarter results Oct. 28 with net sales for the quarter down 19.4% year-over-year to $1.7 billion. The company also reported it has lowered its inventory by $305 million compared to the same time in 2014.
Despite the year-over-year declines, an analyst for Seaport Global said in a note to investors that they continue to be impressed by AGCO’s execution on margin in…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
