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Deere’s 1QFY20 Net Sales Drop, But Net Income Improves

February 21, 2020 | Posted in Earnings Reports
Deere & Co. reported that its worldwide net sales and revenues decreased 4% in the first quarter of 2020, ended Feb. 2, to $7.63 billion. Net sales of the company’s equipment operations were $6.53 billion for the quarter, compared with $6.94 billion in 2019; a decline of 6%. At the same time, Deere’s net income for the quarter was up 4% to $517 million vs. $498 for the same period in 2019.
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Valmont Reports Net Sales Down 2% in 4Q19

February 20, 2020 | Posted in Earnings Reports
For the fourth quarter 2019, Valmont's net sales were $683.6 million, a decline of 2%. Lower sales in international markets, particularly in Access Systems and international irrigation, were mostly offset by improvement across North American markets, led by Utility Support Structures.
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AGCO, CNHI Report Revenues Down in 2019

February 13, 2020 | Posted in Earnings Reports
2019 saw both AGCO and CNH Industrial finish in the red. Both reported consolidated revenues down for the full year, as well as in 4Q19. AGCO also reported negative impacts from the late harvest and low crop production in the U.S., while CNH Industrial experienced lower industry volumes in North America and Rest of World (RoW) markets.
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CNHI Reports 4Q19 Revenues Down 6%

February 7, 2020 | Posted in Earnings Reports
CNH Industrial N.V. has reported fourth quarter and full year 2019 results for the period ended Dec. 31, 2019, stating that in the fourth quarter of 2019, consolidated revenues were $7.7 billion, down 6% compared to the fourth quarter of 2018. Consolidated revenues were $28.1 billion for the full year 2019, down 6% compared to 2018.
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