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Strong U.S., European Sales Keeps Kubota in the Black

February 1, 2015 | Posted in Data & Trends, Earnings Reports

Continuing solid sales of farm equipment and industrial machinery in North America and Europe, together with the effect of a depreciating yen produced strong results for Kubota Corp. in its recent third quarter and 9 months ended Dec. 31, 2014.

U.S. Tractor Sales ‘Normalized’ in 2014

February 1, 2015 | Posted in Earnings Reports, Equipment & Equipment Sales

A little over a year ago, Jim Tibbles, executive vice president of Osmundson Mfg., a manufacturer of tillage tools in Perry, Iowa, told us that he believed softening ag equipment sales in 2014 would represent a return to normal levels rather than a falloff.

AGCO’s Cost Reduction Softens Fall Off in Sales

February 1, 2015 | Posted in Data & Trends, Earnings Reports

Despite reporting a decrease in net sales of $2.5 billion for the fourth quarter of 2014, a drop of 13% compared to 2013’s $2.9 billion, and forecasting continued softness in the market for ag machinery in 2015, analysts expected worse.

It Was a Tough 3Q for Most Ag Equipment Makers

November 24, 2014 | Posted in Earnings Reports

Deere & Co. will report its 4QFY14 earnings on Wednesday (Nov. 26), but most analysts don’t expect results much different than what most other ag equipment manufacturers have already reported.

Rocky Mountain 3Q Revenues Decline 15%

November 1, 2014 | Posted in Earnings Reports, Equipment & Equipment Sales

Rocky Mountain Dealerships reported third quarter results on November 12. The company’s total revenues fell by 15.3% to $230.8 million.

Maschio Gaspardo Plans Major Manufacturing Expansions After 20% Revenue Gain in 2013

October 1, 2014 | Posted in Earnings Reports, Mergers & Acquisitions

Italy’s Maschio Gaspardo group plans to spend €130 million ($177 million) in capital investments over the next 5 years to build on the €120 million ($163 million) investment it has made in the 3 years from 2011 to 2013.

Half of North American Dealers See Sales Revenues Declining in 2015

October 1, 2014 | Posted in Data & Trends, Earnings Reports, Equipment & Equipment Sales

Farm equipment dealers in the U.S. and Canada are gearing up for a slowdown in new ag machinery in the year ahead. The dealers’ outlook for used equipment is only slightly more upbeat.

Maschio Gaspardo Plans Major Manufacturing Expansions After 20% Revenue Gain in 2013

September 1, 2014 | Posted in Earnings Reports

Firm Dollar Doesn’t Help U.S. Ag Outlook

September 1, 2014 | Posted in Earnings Reports

If falling grain prices weren’t enough for U.S. agriculture to contend with, a strong dollar could further stunt any hope for growth in the year ahead for American farmers and equipment manufacturers.

Headwinds Persist, But Titan Machinery on Track with Inventory, Cash Targets

September 1, 2014 | Posted in Earnings Reports, Equipment & Equipment Sales

Despite falling grain prices and instability in its Ukrainian market, Titan Machinery reported its earnings for the second quarter on September 9 and said that it is on plan with its equipment inventory reduction and cashflow goals.

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Earnings Reports
RSS

Strong U.S., European Sales Keeps Kubota in the Black

U.S. Tractor Sales ‘Normalized’ in 2014

AGCO’s Cost Reduction Softens Fall Off in Sales

It Was a Tough 3Q for Most Ag Equipment Makers

Rocky Mountain 3Q Revenues Decline 15%

Maschio Gaspardo Plans Major Manufacturing Expansions After 20% Revenue Gain in 2013

Half of North American Dealers See Sales Revenues Declining in 2015

Maschio Gaspardo Plans Major Manufacturing Expansions After 20% Revenue Gain in 2013

Firm Dollar Doesn’t Help U.S. Ag Outlook

Headwinds Persist, But Titan Machinery on Track with Inventory, Cash Targets

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

Must Read Free Eguides

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

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