Kubota announced $19 billion in 2021 revenue in its latest earnings report, a nearly 19% year-over-year increase. This includes a 27% year-over-year increase in North American revenue and a 21% increase in ag equipment sales, bouncing back from the slight decreases seen in 2020.
Kubota reported $7.1 billion in North American sales for its fiscal year 2021, a 27% year-over-year increase and a record high for the last 10 years.
Kubota’s North…
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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.
