With increased market shares of tillage and seeding machinery in Canada and Europe, Väderstad finished the decade with another full year record sales figure that continued the Swedish group’s growth trajectory of the past 5 years.
At 3.35 billion Swedish crowns ($346.7 million), sales were up 11% vs. the prior year’s SEK3.02 billion ($313.7 million), while operating profit of SEK172 million ($17.8 million) represents an increase of almost 24%.
Mats Båverud, CEO of Väderstad Group…
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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.
