One of Italy’s leading agricultural implement manufacturers increased sales and returned to profit last year, bringing a positive note to a difficult period for the Maschio-Gaspardo group following the death of one of its founders. The business recorded an 11% increase in revenues, up from the equivalent of $335 million in 2016 to $373 million at current exchange rates.
EBITDA came in at $36.8 million, up 8% vs. 2016’s figure of $34.2 million, with a…
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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.
