The relatively lackluster market for ag equipment worldwide caused Claas revenues to dip 5% in the group’s 2015-16 fiscal year ended Sept. 30, dropping from the previous year’s totals of €3.83 billion ($4 billion) — a small increase over 2014 revenues — to €3.63 billion ($3.79 billion).
Strong margins, diligent expense control and favorable exchange rates contributed to record earnings at Bühler Industries last year, despite a drop in sales revenues.
On April 15, Art’s Way Manufacturing Co., Armstrong, Iowa, a manufacturer and distributor of agricultural machinery, equipment and services, reported its first-quarter financial results for the 3 months ended February 28.
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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.