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AGCO Reports Total Sales Up 18.4% in 3Q20

November 3, 2020 | Posted in Earnings Reports

AGCO, a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third quarter ended Sept. 30, 2020. Net sales for the third quarter were approximately $2.5 billion, an increase of approximately 18.4% compared to the third quarter of 2019.

Exel Industries Reports FY20 Revenue Down 2.9%; 4Q20 Revenue Up 13.1%

October 30, 2020 | Posted in Earnings Reports, Electric Machinery

In the fourth quarter of 2020, Exel Industries generated revenue of $267.4 million, up $31.1 million (+13.1%) compared with fourth quarter 2019. At constant foreign exchange rates and scope, fourth quarter revenue amounted to $254.6 million, up 7.7% from fourth quarter 2019.

Rocky Mountain Dealerships Reports 3Q20 Sales Up 9.2%

October 30, 2020 | Posted in Earnings Reports

Third quarter total sales increased by $16,927, or 9.2%, to $200,994 from $184,067 during the same period in 2019, due to higher sales in all categories.

Alamo Group Posts 7.3% Net Sales Gain for 3Q20; Ag Sales Rise 2%

October 29, 2020 | Posted in Earnings Reports

Alamo Group, manufacturer of equipment for agriculture and infrastructure maintenance, reported consolidated net sales in the third quarter 2020 were up 7.3% to $291.8 million.

Lindsay Corp. Reports FY20 Revenue Up 7%

October 22, 2020 | Posted in Earnings Reports

Revenues for the year ended Aug. 31, 2020, were $474.7 million, an increase of $30.6 million, or 7%, compared to revenues of $444.1 million in the prior year.

Valmont Reports 3Q20 Net Sales Up 6.3%

October 22, 2020 | Posted in Earnings Reports

Valmont has reported net sales of $734 million increased 6.3% led primarily by significantly higher Utility Support Structures segment sales and improved international market demand.

Ag Equipment Manufacturers’ Share Price Bouncing Back

October 22, 2020 | Posted in Earnings Reports

In a July 2020 note to investors, Mircea (Mig) Dobre, discussed how the shares of farm equipment manufacturers had held up compared to other machinery companies despite difficult industry fundamentals.

Deere’s Largest Dealer in Russia Reveals Strong 9-Month Results

October 15, 2020 | Posted in Earnings Reports

Revenues at John Deere’s largest dealer in Russia are striking an upward curve as predicted when the business was awarded an expanded territory in the northwest of the country.

Art’s Way Posts 15% Increase in Ag Sales in 3QFY20

October 8, 2020 | Posted in Earnings Reports

Art’s Way Manufacturing (Nasdaq: ARTW) reported consolidated sales of $6.5 million, up 17.5% vs. the same period a year earlier, in its fiscal third quarter ended Aug. 31, 2020.

U.S. Market a Bright Spot for Poettinger as European Sales Dip

September 28, 2020 | Posted in Earnings Reports

A determined push to expand Poettinger agricultural equipment distribution in the U.S. appears to have paid off with a 46% increase in sales revenues reported for the company’s 2019-20 financial year.

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Earnings Reports
RSS

AGCO Reports Total Sales Up 18.4% in 3Q20

Exel Industries Reports FY20 Revenue Down 2.9%; 4Q20 Revenue Up 13.1%

Rocky Mountain Dealerships Reports 3Q20 Sales Up 9.2%

Alamo Group Posts 7.3% Net Sales Gain for 3Q20; Ag Sales Rise 2%

Lindsay Corp. Reports FY20 Revenue Up 7%

Valmont Reports 3Q20 Net Sales Up 6.3%

Ag Equipment Manufacturers’ Share Price Bouncing Back

Deere’s Largest Dealer in Russia Reveals Strong 9-Month Results

Art’s Way Posts 15% Increase in Ag Sales in 3QFY20

U.S. Market a Bright Spot for Poettinger as European Sales Dip

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Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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