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Manitou Posts 4% Sales Gain in 3Q19, Up 18% for 9 Months

October 22, 2019 | Posted in Earnings Reports

Manitou, manufacturer of equipment for construction, agriculture and other industries reported a 4% increase in sales during the third quarter of 2019 and 18% from the first 9 months of the year. Besides Manitou equipment, the company is also known for its Gehl and Mustang branded equipment.

AGCO Sales Grow 11.5% in Q3 2018

October 30, 2018 | Posted in Earnings Reports

AGCO reported net sales of approximately $2.2 billion for the third quarter of 2018, an increase of approximately 11.5% compared to the third quarter of 2017. Excluding unfavorable currency translation impacts of approximately 5.9%, net sales in the third quarter of 2018 increased approximately 17.4% compared to the third quarter of 2017.

Sales Spike Sets Tone for AGCO’s 1Q18

May 1, 2018 | Posted in Data & Trends, Earnings Reports, Mergers & Acquisitions

For the first quarter of 2018, AGCO raked in $2 billion in net sales, a 23.3% increase compared to the same 3 month period the year prior. And with the stage set, the company expects sales to reach around $9.3 billion by the year’s end.

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Deere Production Could be Down 10-15% Next Year

In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.

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