Cervus Equipment, John Deere’s largest Canadian dealership group, reported $3.2 million in adjusted income before tax, up significantly from just $0.5 million in the first quarter of 2020.
Cervus generated $13 million in adjusted income before income tax, an increase of $15 million from the third quarter of 2019, driven by improved performance and profitability across all segments.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.