For the year ended Dec. 31, 2018, Kubota Corp. consolidated revenue increased by $898.6 million, up 5.7% from the prior year to $16.7 billion. Domestic revenue increased by $122.2 million, an increase of 2.4% from 2017 to $5.2 billion because of increased revenue in Farm & Industrial Machinery, which was mainly due to strong sales of agricultural‐related products and engines.
Overseas revenue increased by $775.4 million, up 7.2% from the prior year to $11.5 billion…
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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.
