Rocky Mountain Dealerships (RME), Case IH’s largest Canadian dealership, posted a 10% uptick in overall sales during the second quarter of 2020. The gain was attributed to unusually strong sales of used equipment and solid product support revenues. Overall, RME’s second quarter results surpassed analysts’ expectations.
RME’s total revenue for the period was C$214 million vs. C$195 million in the second quarter of 2019.
Used machinery sales increased by 43% during the period, increasing to…
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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.
