A stronger market for tractors, combines and other agricultural machinery in Russia last year helped Ekotechnika and its John Deere dealership group score record revenues.
Additional John Deere sales territories awarded in 2020 and a beneficial shift in exchange rates also contributed to revenues of €243.6 million ($278 million) in the German holding company’s 2020-21 financial year to the end of September.
That compares favorably with prior year revenues of €193.8 million ($221 million) and…
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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.
