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Exel Industries Ag Sales Rebound as Sprayer Operations Reorganized

March 9, 2022 | Posted in Earnings Reports

Multi-brand crop sprayer maker Exel Industries saw a four-year decline in sales brought to a halt in 2021 as the group recorded a near-15% upturn in sprayer revenues compared with the year prior, or more than 16% on a currency like-for-like basis.

Exel Industries Reports 3Q21 Revenue Up 18.4%

September 3, 2021 | Posted in Earnings Reports

With revenue of $249.2 million and growth of $46.1 million (up 18.4%), the third quarter 2021 confirms the positive momentum of the first two quarters.

Exel Industries Revenue Increases 24.5% in 2Q20, Sprayer Sales Improve

May 4, 2021 | Posted in Earnings Reports

With revenue of $292.8 million, the second quarter of 2020-2021 saw a $57.5 million (24.5%) acceleration of growth. Like-for-like revenue was $297.8 million, putting organic growth at 27.1%.

Exel Industries Reports 1QFY21 Revenues Up 19.4%

January 29, 2021 | Posted in Earnings Reports

Exel Industries reported first quarter 2020-2021 revenue of $173 million, up $28.2 million (+19.4%) compared to the same quarter in the previous year.

Exel Industries Reports FY20 Revenue Down 2.9%; 4Q20 Revenue Up 13.1%

October 30, 2020 | Posted in Earnings Reports, Electric Machinery

In the fourth quarter of 2020, Exel Industries generated revenue of $267.4 million, up $31.1 million (+13.1%) compared with fourth quarter 2019. At constant foreign exchange rates and scope, fourth quarter revenue amounted to $254.6 million, up 7.7% from fourth quarter 2019.

Pandemic Impacts Fiscal First-Half Performance at Exel Industries

June 30, 2020 | Posted in Earnings Reports

The initial impact of the Covid-19 pandemic is reflected in first-half revenues at global crop sprayer and beet harvester group Exel Industries.

Exel Industries’ FY2018-19 Profits Plunge Nearly 90%

January 21, 2020 | Posted in Earnings Reports

Profits at crop sprayer and sugar beet harvester maker Exel Industries plunged almost 90% last year as revenues declined in all its operating sectors and the group made significant provisions for re-organization.

Crop Sprayer Maker Exel Industries to Lay Off Staff, Close Facilities

October 15, 2019 | Posted in Ag Equipment Worldwide

Exel Industries, the parent group of the international Agrifac, Berthoud, Hardi and Tecnoma sprayer product lines, the Apache operation in the U.S., and a number of local European brands, is closing two of its production facilities in France with the loss of around 200 staff.

Exchange Rates Impact Exel Industries’ FY18 Revenues

December 20, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

Fluctuations in foreign exchange rates had a negative impact of €20.5 million ($23.5 million) on Exel Industries reported revenues in its fiscal year to September 2018.

Beet Harvester and Sprayer Sales Produce Solid Results for Exel

January 1, 2018 | Posted in Equipment & Equipment Sales, Mergers & Acquisitions

An effective response to a record order book for new sugar beet harvesters, together with continuing international sprayer sales recovery, helped French equipment manufacturer Exel Industries post record fourth quarter revenue growth.

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