Cervus Sees 11.5% 3Q Pick Up; Ag Sales Rise 9%

Cervus Equipment Corp. said its revenues rose by $26.8 million, or 11.5%, during the dealer group’s third quarter, ended September 30. Overall revenue for the period was $260.8 million vs. the same timeframe in 2012. The company attributed the growth to an 8.9% increase in ag equipment sales and 18.4% improvement in sales of its commercial and industrial products.

Cervus, based in Calgary, operates 29 John Deere stores in Alberta, Saskatchewan, British Columbia, Australia and…

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