AGCO reported fourth quarter and full year 2015 results on Feb. 2. The farm equipment manufacturer reported net sales of approximately $2 billion for 4Q, a drop of about 21.2% vs. net sales of about $2.5 billion for the same period of 2014. Excluding unfavorable currency translation impacts of approximately 11.5%, net sales in 4Q of 2015 decreased approximately 9.6% compared to 4Q of 2014.
For the full year, AGCO reported net sales of $7.5…
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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.
