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Publicly Held Canadian Dealerships to Pay 2Q20 Dividends

September 16, 2020 | Posted in Earnings Reports

Cervus Equipment (TSX:CERV) and Rocky Mountain Dealerships (TSX:RME), western Canada’s largest farm equipment dealers are electing to pay a dividend to shareholders. Both dealership groups are headquartered in Calgary, Alb.

Titan Machinery Posts Better Than Expected Revenues in 2QFY21

September 14, 2020 | Posted in Earnings Reports

Second quarter fiscal year 2021 results for Titan Machinery surprised analysts as it reported revenue and margin gains that surpassed expectations.

Raven Posts Revenue Decline of 13%; Applied Tech/Ag Net Sales Up 30%

August 28, 2020 | Posted in Earnings Reports

Raven Industries reported consolidated net sales of $85.2 million, down 13.1% during the second quarter of its fiscal year ended July 31, 2020. Growth in Applied Technology and Aerostar was more than offset by a decline in Engineered Films.

Titan Machinery 2Q Ag Revenues Up 2%, 1H Ag Sales Rise 13.5%

August 27, 2020 | Posted in Earnings Reports

Titan Machinery, Case IH’s largest dealer of farm equipment, reported consolidated revenues slipped 3.7% for the period ended July 31, 2020, but year-over-year sales from its agriculture segment increased by 2% for the quarter.

Deere’s 3QFY20 Sales & Revenue Drop 11%; Ag & Turf Equipment Down 5%

August 21, 2020 | Posted in Earnings Reports

Deere & Co. reported consolidated net sales and revenues of $8.9 billion during its third quarter ended Aug. 2, 2020 vs. $10 billion in the same period a year earlier, a decline of 11%. Equipment operations came in at $7.9 billion during the period compared to nearly $9 billion last year, also a drop off of 12%.

Mahindra Reports Farm Equipment Revenue Down 8.7% in FY20

August 20, 2020 | Posted in Earnings Reports

Total revenue for Mahindra's fiscal year 2020 was reported at $6.8 billion, down 15.2% from $8.1 billion in fiscal year 2019.

AGI Expects Solid 2H20 with Bumper International Crop Production

August 17, 2020 | Posted in Earnings Reports

Despite a falloff in Canadian sales, U.S. and International markets helped bolster Ag Growth International’s (AGI) results during the second quarter 2020.

CNH Industrial Ag Sales Fall 18%; Cuts Production to Reduce Inventories

August 15, 2020 | Posted in Earnings Reports

Sales of CNH Industrial farm machinery — including Case IH and New Holland brands — declined 18% in the second quarter of the year to $2.5 billion vs. $3.1 billion a year earlier.

Buhler 3Q20 Revenues Up 19.5%

August 15, 2020 | Posted in Earnings Reports

Buhler Industries, the manufacturer of the Versatile and Farm King brands of ag equipment, reported its third quarter revenues were up more than 19% to nearly C$77 million.

Cervus Equipment 2Q20 Ag Sales Up 17%

August 15, 2020 | Posted in Earnings Reports

Cervus Equipment Corp., the largest retailer of John Deere farm machinery in western Canada, posted a 4% increase in consolidated revenue in the second quarter 2020.

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Earnings Reports
RSS

Publicly Held Canadian Dealerships to Pay 2Q20 Dividends

Titan Machinery Posts Better Than Expected Revenues in 2QFY21

Raven Posts Revenue Decline of 13%; Applied Tech/Ag Net Sales Up 30%

Titan Machinery 2Q Ag Revenues Up 2%, 1H Ag Sales Rise 13.5%

Deere’s 3QFY20 Sales & Revenue Drop 11%; Ag & Turf Equipment Down 5%

Mahindra Reports Farm Equipment Revenue Down 8.7% in FY20

AGI Expects Solid 2H20 with Bumper International Crop Production

CNH Industrial Ag Sales Fall 18%; Cuts Production to Reduce Inventories

Buhler 3Q20 Revenues Up 19.5%

Cervus Equipment 2Q20 Ag Sales Up 17%

Get all things Ag Equipment Intelligence all the time!

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Ag Equipment Intelligence

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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Earnings Reports
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