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Articles Tagged with ''Versatile''

Buhler Reports 2019 Revenues Drop 25.7%

December 31, 2019 | Posted in Earnings Reports

Buhler Industries, the manufacturer of the Versatile and Farm King line of agriculture equipment, reported its year-end earnings on Dec. 30, 2019. Revenue for the year was $229.1 million, down $58.9 million or 25.7% from sales of $288.0 million in 2018.

Changes and Challenges for Buhler in 2019

January 13, 2019 | Posted in Data & Trends, Dealers & Dealerships

Reductions in headcount and other measures to improve cost efficiency concluded a tough year for staff and management at Buhler Industries, which has reported the company’s biggest ever financial loss and a C$24 million or more than 7% drop in revenues for 2018 from the year prior.

Buhler Industries Appoints New President

Dmitry Lyubimov has been replaced as president of Buhler Industries (Versatile and Farm King brands) by Marat Nogerov, effective immediately.

September 20, 2018

Dmitry Lyubimov has been replaced as president of Buhler Industries (Versatile Tractor, Farm King) by Marat Nogerov, effective immediately.

Versatile Adds 6 New Dealers, Dealer Locations

April 27, 2017 | Posted in Equipment & Equipment Sales

Since October 2016, Versatile has added 6 new dealers or new dealer locations throughout U.S. and Canada to its dealer network.

Versatile President Puts End to Rumors About Buying or Selling

December 1, 2016 | Posted in Mergers & Acquisitions

The Russian-owned and Canadian-based ag equipment manufacturer Versatile has been an interesting company to follow in its goal to become a full-line farm equipment manufacturer.

Versatile Grows Dealer Network Despite Slower Sales

January 1, 2015

A dropoff in equipment sales didn’t deter Versatile managers from their sustained focus on expanding the Versatile dealer network and enhancing Farm King dealer resources, which characterized Buhler Industries’ 2013-14 fiscal year ended September.

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