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Boost in EU Revenues Helps SDF Group Post Positive FY18 Results

May 30, 2019 | Posted in Earnings Reports

A 12% increase in revenues from European Union countries helped tractor and harvester maker SDF Group offset a dramatic fall from sales in Turkey to maintain 2018 group revenues at a level consistent with preceding years.

Near Term Ag Fundamentals Result in Deere’s Decision to Slow Ag Equipment Production

May 23, 2019 | Posted in Earnings Reports

Deere & Co. posted decent ag equipment sales numbers last week when it reported its second quarter fiscal year 2019 earnings, but the company said it is looking at slowing production of big ag equipment by as much as 20%.

Raven Industries Report 11.7% Net Sales Drop in 1Q19; Applied Technologies (Ag) Up 3.2%

May 21, 2019 | Posted in Earnings Reports

Raven Industries, developer and distributor of precision farming and other specialty equipment and systems, reported net sales for the first quarter of fiscal 2020 were $98.2 million, down 11.7% vs. the first quarter of fiscal 2019.

Deere Reports 2Q19 Ag Net Sales Up 3%

May 17, 2019 | Posted in Earnings Reports

Deere & Co. reported net income of $1.135 billion for the second quarter ended April 28, 2019, compared with net income of $1.208 billion for the quarter ended April 29, 2018.

Ag Growth International Posts 1% Drop in 1Q19 Revenues

May 9, 2019 | Posted in Earnings Reports

Ag Growth International, a manufacturer of grain handling and storage equipment for farms, reported that overall revenues for the first period of the year fell 1% year-over-year. Most of the falloff was the result of an 18% drop in international sales.

Cervus Equipment’s New Equipment Sales Slide 19%, But Used Ag Equipment Up 21% in 1Q19

May 9, 2019 | Posted in Earnings Reports

Cervus Equipment posted a 6% drop in consolidated revenues for the first quarter of 2019, ended March 31. Overall, revenue declined to C$234.8 million from $248.7 million in the first quarter of 2018.

CNH Industrial Reports 1Q19 Consolidated Revenues Down 5%; Ag Equipment Down 3.5%

May 7, 2019 | Posted in Earnings Reports

CNH Industrial announced consolidated revenues of $6,457 million for the first quarter of 2019, down 5% compared to the first quarter of 2018 (up 2% on a constant currency basis).

Titan International 1Q19 Revenue Declines 3.5%; Ag Business Slips 1.3%

May 6, 2019 | Posted in Earnings Reports

Ag and construction equipment wheel and tire maker Titan International reported 3.5% fall off in revenue driven by sales decreases in each of its major business segments, including agriculture, earthmoving & construction and consumer.

Trimble 1Q19 Revenues Rise 8%; Building & Infrastructure (Ag) Sales Flat

May 2, 2019 | Posted in Earnings Reports

Trimble reported its first quarter 2019 GAAP revenue of $801.6 million was up 8% vs. the first quarter of 2018. Resources and Utilities revenues, which include the company’s ag activities, was $159.5 million, flat on a year-over-year basis.

Rocky Mountain’s Sales Decline 19% as Dealership Group Focuses on Moving Existing Inventory

May 1, 2019 | Posted in Earnings Reports

Rocky Mountain Dealerships reported that sales during the first quarter of the year dropped 19.1%, or by nearly $42 million, to $177.7 million vs. $219.7 million for the same period in 2018.

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Earnings Reports
RSS

Boost in EU Revenues Helps SDF Group Post Positive FY18 Results

Near Term Ag Fundamentals Result in Deere’s Decision to Slow Ag Equipment Production

Raven Industries Report 11.7% Net Sales Drop in 1Q19; Applied Technologies (Ag) Up 3.2%

Deere Reports 2Q19 Ag Net Sales Up 3%

Ag Growth International Posts 1% Drop in 1Q19 Revenues

Cervus Equipment’s New Equipment Sales Slide 19%, But Used Ag Equipment Up 21% in 1Q19

CNH Industrial Reports 1Q19 Consolidated Revenues Down 5%; Ag Equipment Down 3.5%

Titan International 1Q19 Revenue Declines 3.5%; Ag Business Slips 1.3%

Trimble 1Q19 Revenues Rise 8%; Building & Infrastructure (Ag) Sales Flat

Rocky Mountain’s Sales Decline 19% as Dealership Group Focuses on Moving Existing Inventory

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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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