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On the Record

Titan Machinery 4Q Ag Sales Slip 1.5%

March 30, 2017

In today’s newscast, we report on Titan Machinery’s fourth quarter and fiscal 2017 results, Deere’s more positive “mood” on market conditions, the opportunities and threats that come along with online equipment sales, dealers’ sales forecast for the year and Raven’s fourth quarter earnings.

Pöettinger U.S. Post 15% Sales Growth in FY2014-15

September 1, 2015 | Posted in Equipment & Equipment Sales

Austrian machinery manufacturer Pöettinger reported another year of record sales as its U.S. arm exhibited at the 2015 Farm Progress Show for the first time.

Rocky Mountain Dealerships Posts 1% 4Q14 Sales Gain; Down 4% for Year

March 1, 2015 | Posted in Data & Trends, Earnings Reports

Rocky Mountain Dealerships reported its fourth quarter sales were up 1% compared to the same period a year earlier, but full-year 2014 sales slipped 4% compared with 2013. Case IH’s largest dealer group in Canada, with 40 locations, released its earnings on March 10.

LNN’s Soft Domestic Sales Disappoints

October 1, 2013 | Posted in Equipment & Equipment Sales

While improving year-over-year revenues by 16.1%, Lindsay Corp.’s weak domestic sales of irrigation systems appears to setting the tone for continuing soft business levels going into its new fiscal year.

AGCO Sees Net Sales Rise 25.6% in 1Q; NA Sales Up 57.6%

April 30, 2012 | Posted in Earnings Reports

This morning, AGCO Corp., the third largest farm equipment maker worldwide, reported first-quarter net sales of $2.3 billion, an increase of 26.5% compared to net sales of $1.8 billion for the first quarter of 2011. Excluding unfavorable currency translation impacts of 4.3%, net sales in the first quarter of 2012 increased by 30.8% compared to the same period in 2011.

UBS: Farm Equipment Dealer Visits Shows Bullish Outlook for Ag Equipment Sales in 2011

November 20, 2010 | Posted in Data & Trends

Research notes from UBS shows that after visiting farm equipment dealers, great opportunity exists in farm equipment and machinery sales in 2011.

AGCO’s 1Q Net Sales Slip to $1.6 Billion

May 1, 2009 | Posted in Earnings Reports

On April 28, AGCO Corp. reported net sales of $1,579 million for the first quarter of 2009, compared to $1,786.6 million for the first quarter of 2008.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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