The timely acquisition of Quicke tractor loader manufacturer Ålö Holding last year – see Ag Equipment Intelligence online April 28, 2020 – cushioned new owner Jost group from the effects of a weak commercial vehicle market.
Consolidated into group reports from the beginning of February last year, the global leader in agricultural loaders contributed €175.7 million ($213.1 million) or just under a quarter of Jost-Werke’s €794.4 million ($970 million) net sales.
Over the full calendar…
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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.
