An improvement in revenues from North America made a solid contribution to Krone’s agricultural division finances in its most recent fiscal year.
The German group’s hay and silage tools division generated total revenues of €698 million ($771 million) in the 12 month period to the end of July 2019, up 8.7%, or €56 million ($62 million), during 2017-18, to set another new record for the business and the fifth successive year of growth.
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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.
