Despite a 10% falloff in farm equipment sales during its 2009 fiscal year, which ended in September, Germany’s Claas achieved its second highest sales figure ever, beating 2007 results with an increase of 13% or the equivalent of almost $350 million.
At $3.9 billion, sales of harvesters, tractors and hay equipment accounted for 94% of group revenues that totaled $4.17 billion at current exchange rates. This is down 10.4% compared to the previous year. Pre-tax…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
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.
