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Articles Tagged with ''earnings report''

Deere’s 2Q Net Income Up 2.7%, Projects Ag Equipment Growth of 5% for Year

May 1, 2013 | Posted in Earnings Reports

Deere & Co. saw another strong quarter, reporting on May 15 that its net income for the period ended April 30 was $1.084 billion compared with $1.056 billion for the same period last year, or up 2.7%. Through the first six months of its fiscal year, the company produced net income of $1.7 billion vs. $1.6 billion last year.

Despite Solid 1Q Ag Earnings, CNH Sees Softer Sales for Year

May 1, 2013 | Posted in Earnings Reports

CNH Global turned in a solid performance for the first quarter of 2013, but the heavy equipment maker doesn’t expect the same results in terms of unit sales for the remainder of the year.

Titan Machinery Sees 4Q Revenues Rise 29.2%; 32.5% for FY13

April 1, 2013 | Posted in Earnings Reports

Titan Machinery, Case IH’s largest equipment dealer worldwide, posted healthy revenue increases for both the fourth quarter and full year of fiscal 2013. At the same time, the dealer group’s net income slipped as a result of construction segment losses, margin pressures and rising floorplan costs as a result of higher equipment inventories.

Carraro Inks China Deal with AGCO

April 1, 2013 | Posted in Chinese Ag Machinery Market, Equipment & Equipment Sales

Italian engineering group Carraro had a double celebration when it secured a new contract with AGCO and reported improved financials for its mechanical engineering business units.

Art’s Way Net Sales Grow 33.3% in 1Q

April 1, 2013 | Posted in Earnings Reports

Art’s Way Manufacturing Co. announced its financial results for the first quarter on April 15, showing steady growth to start the year. Net sales for the three months ended Feb. 28, 2013 increased 33.3% over the same quarter in 2012.

Lindsay Posts Strong 2Q, Cautious About Second Half of 2013

April 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

Despite strong numbers in its second reporting period of 2013, Lindsay Corp., the Nebraska-based manufacturer of irrigation equipment for agriculture, isn’t at all sure the sales momentum will sustain itself through the remainder of the year.

Krone Posts 25% Rise in Equipment Sales; Opens U.S. Retail Stores

March 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

Record sales of ag machinery were posted by Krone in a year that saw the company open improved shipping facilities at its headquarters plant, as well as its own dealerships in the U.S. for the first time.

Amazone Equipment Sales Jump 35% to $598 Million

March 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

As celebrations of the group’s 130th anniversary got underway, the manufacturer of Amazone equipment in Germany reported another significant boost in sales volumes and revenues.

Tillage Tool Maker, Lemken, Records Double-Digit Growth

March 1, 2013 | Posted in Earnings Reports

Tillage equipment manufacturer Lemken has embarked on a $65 million program to build new workshops, production plants and supply facilities to support growth plans after setting a new sales record in the year it moved decisively into the U.S. market.

Rocky Mountain Posts Big 4Q Numbers, But Market Share Push Creates Questions

March 1, 2013 | Posted in Earnings Reports

It was mostly good news for Rocky Mountain Equipment (formerly Rocky Mountain Dealerships) as it posted vastly improved numbers for its fourth quarter and full year 2012.

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