Revenues for the second quarter of fiscal 2021 were $143.6 million, an increase of $29.8 million, or 26%, compared to revenues of $113.8 million in the prior year second quarter.
Consolidated net sales for fiscal 2021 were $348.4 million, down 8.9% vs. fiscal 2020. Net sales growth in Applied Technology was more than offset by declines in both Engineered Films and Aerostar.
Agricultural equipment sales at Krone continued an upward trajectory for the sixth year in the group’s 2019-20 financial period as its world-wide market share grew.
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.
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.
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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.