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Articles Tagged with ''earnings report''

Buhler Industries Reports 2021 Year End Earnings

April 1, 2022 | Posted in Earnings Reports

Revenue for the fifteen-month period was C$317.2 million ($253.5 million), up C$67.6 million ($50 million) from sales of $249.6 million ($199.5 million) in 2020. The Company’s increased sales growth for the period primarily results from the accounting change to a December year-end in 2021.

Titan Machinery Forecasts 75% Drop in Ukraine Revenue

March 28, 2022 | Posted in Ag Equipment Worldwide

In its latest earnings report, Titan Machinery forecast an 8-13% decline in international revenue for its fiscal year 2023, which "includes a reduction in revenue of approximately 75% from our Ukraine subsidiary compared to fiscal 2022."

Titan Machinery Reports FY22 Revenue Up 21%

March 24, 2022 | Posted in Earnings Reports

Revenue for the fiscal year 2022 increased 21.3% to $1.7 billion for fiscal 2022. Net income for fiscal 2022 was $66 million, or $2.92 per diluted share, compared to $19.4 million, or $0.86 per diluted share, for the prior year.

Tire Unit 'Ready for Take-Off' Says Trelleborg on 19% Sales Recovery

March 24, 2022 | Posted in Earnings Reports

With agriculture in a generally upward phase of its traditional cycle and the size and power of tractors and other machinery continuing to grow, Trelleborg Wheel Systems is ‘ready for take-off’ says the business segment’s President, Paolo Pompei.

Amazone’s Record Sales Support Response to Changing Ag Priorities

March 15, 2022 | Posted in Earnings Reports

At €655 million ($718.5 million), the German ag equipment manufacturer Amazone experienced an exceptional year for sales in 2021, exceeding prior-year revenues by 22% to set another new record for the company.

Deere Announces Leap Ambitions, Outlines Goals Through 2030

March 15, 2022 | Posted in Ag Equipment Business

Along with announcing its first quarter earnings on Feb. 18, Deere & Co. announced new goals it calls the Leap Ambitions. The goals are linked to the company’s Smart Industrial Strategy and operating model Deere first introduced in 2020.

Exel Industries Ag Sales Rebound as Sprayer Operations Reorganized

March 9, 2022 | Posted in Earnings Reports

Multi-brand crop sprayer maker Exel Industries saw a four-year decline in sales brought to a halt in 2021 as the group recorded a near-15% upturn in sprayer revenues compared with the year prior, or more than 16% on a currency like-for-like basis.

Alamo Group FY21 Net Sales Come in at $1.3 Billion

February 28, 2022 | Posted in Earnings Reports

Net income for the year was $80.2 million, or $6.75 per diluted share, compared to net income of $57.8 million, or $4.88 per diluted share in 2020, a year-over-year improvement of 38.8%.

Valmont Reports $3.5 Billion in 2021 Sales

February 18, 2022 | Posted in Earnings Reports

"We achieved record sales for the second consecutive quarter through continued price management and strong market demand, while remaining highly focused on operational excellence and execution," said Stephen G. Kaniewski, president and chief executive officer.

Kubota Reports FY21 Revenue Up 18.5%

February 15, 2022 | Posted in Earnings Reports

Domestic revenue increased by $66 million (+1.3%) from the prior year to $5.2 billion because of increased revenue in Farm & Industrial Machinery mainly due to increased sales of farm equipment, despite a decrease in revenue in Water & Environment and Other.

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