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Alamo, Titan Int’l, Trimble Q1&2 Earnings Reports

September 29, 2018 | Posted in Earnings Reports

Alamo Group reported on Aug. 1 that it produced both record net income as well as record net sales for both the second quarter and first half of 2018.

Solid Increases in North America, Europe Pace AGCO’s 17% 2Q Sales Improvement

September 29, 2018 | Posted in Earnings Reports

Sluggish sales in South America (–12.8%) didn’t dim AGCO’s overall results as improving sales of farm machinery in the North American (+25.4%) and European regions (+21.7%) set the tone for AGCO Corp. in the second quarter of 2018. The company’s Asia/Pacific/Africa results were up 4.4%.

CNH Industrial Touts Strong Ag Order Book, improved 2Q Sales

September 29, 2018 | Posted in Earnings Reports

Besides reporting a 20% increase in net ag equipment sales in the second quarter (nearly 18% for the first half), the most encouraging news coming from CNH Industrial’s July 26 earnings report is its solid ag equipment order book going into the second half of the year.

Kuhn Notes Positive Equipment Sales Trends, But U.S. Uncertainties Cause for Concern

September 28, 2018 | Posted in Earnings Reports

During the first half of its financial year, Kuhn Group has seen a positive trend in agricultural equipment orders and sales, but managers highlight political and weather-related issues that could have a negative impact over future months.

Sugar Beet Harvester Sales Boost Grimme’s Revenues

September 25, 2018 | Posted in Ag Equipment Worldwide, Earnings Reports

Sales of big ticket sugar beet harvesters led the way in lifting the Grimme group’s revenues during its 2017 financial year as new products and a reorganized sales approach attracted professional operators to the German-built machines.

Equipment Manufacturers, Dealers Close Gap In Latest Inventory Survey

September 6, 2018 | Posted in Data & Trends, Earnings Reports

For the first time in three years, the gap between Ag equipment dealers' and manufacturers' opinions on equipment inventory levels has significantly narrowed.

Titan Machinery Posts 11.5% Revenue Gain in 2QFY19; Ag Revenue Up 10.3%

August 30, 2018 | Posted in Earnings Reports

David Meyer, Titan Machinery’s chairman and chief executive officer, said, “Our second quarter results reflect the financial benefits of our fiscal 2018 restructuring efforts and our consistent focus on improving the quality and level of our equipment inventory, which have driven lower operating expenses and improved equipment gross profit margins.

Deere Reports 36% 3Q Equipment Net Sales Gain; Ag Up 18%

August 17, 2018 | Posted in Earnings Reports

Deere & Co. reported net income of $910.3 million for the third quarter ended July 29, 2018 compared with net income of $641.8 million for the quarter ended July 30, 2017.

Rocky Mountain Equipment Aims High with 5 Year Growth Plan; U.S. Expansion a Strong Possibility

July 1, 2018 | Posted in Earnings Reports, Mergers & Acquisitions

Rocky Mountain Equipment (RME) calls itself “Canada’s largest agriculture equipment dealer and the largest Case IH dealer in North America.”

Ag Equipment Sales Rebound in May

June 1, 2018 | Posted in Data & Trends, Earnings Reports, Equipment & Equipment Sales

North American large ag equipment sales in May were positive across the board, according to the Assn. of Equipment Manufacturers’ latest report.

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Earnings Reports
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Alamo, Titan Int’l, Trimble Q1&2 Earnings Reports

Solid Increases in North America, Europe Pace AGCO’s 17% 2Q Sales Improvement

CNH Industrial Touts Strong Ag Order Book, improved 2Q Sales

Kuhn Notes Positive Equipment Sales Trends, But U.S. Uncertainties Cause for Concern

Sugar Beet Harvester Sales Boost Grimme’s Revenues

Equipment Manufacturers, Dealers Close Gap In Latest Inventory Survey

Titan Machinery Posts 11.5% Revenue Gain in 2QFY19; Ag Revenue Up 10.3%

Deere Reports 36% 3Q Equipment Net Sales Gain; Ag Up 18%

Rocky Mountain Equipment Aims High with 5 Year Growth Plan; U.S. Expansion a Strong Possibility

Ag Equipment Sales Rebound in May

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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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