Despite an extra two weeks of factory shut-down while Covid-secure work practices were put in place, Väderstad still managed to achieve record sales and earnings in 2020, helped by a “significant lift” in sales in Canada.
The Swedish manufacturer and global distributor of seed drills, planters and cultivations equipment recorded turnover of SEK3.40 million ($407 million), a 1.5% increase from the prior year when sales increased 11% to SEK3.35 million ($399 million).
Strategic cost-saving measures…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
