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Cervus’ 3Q17 Revenues Rise 10%; New Ag Equipment Jumps 34%

November 1, 2017 | Posted in Data & Trends, Equipment & Equipment Sales

Cervus Equipment, John Deere’s largest Canadian dealer group, posted third-quarter 2017 consolidated revenue gains of 10% as its ag and construction equipment markets continue to show signs of recovery.

Irrigation Dealers 2017 Revenue Outlook: ‘Modestly Optimistic’

October 1, 2017 | Posted in Data & Trends

A recent nationwide survey of pivot irrigation dealers conducted by Seaport Global Securities and Ag Equipment Intelligence shows this segment of agriculture, like farm equipment retailers, is generally optimistic about near-term revenue trends.

Deere Acquires Wirtgen, Strengthens CE, Diversifies Equipment Operations

June 1, 2017 | Posted in Data & Trends, Earnings Reports, Mergers & Acquisitions

Deere & Co., best known for its domi- nance in farm equipment industry, made a big and unexpected move on June 1 when it announced it would be expanding the reach of its Construction & Forestry division by acquiring the German construction equipment maker Wirtgen Group.

Despite Ag Downturn, Krone Increased Sales in FY2016

January 1, 2017 | Posted in Earnings Reports

Sales of Krone forage harvesting equipment in North America kept pace with other markets as the German manufacturer exceeded its revenue forecasts in the 2015-16 financial year ending July 2016.

Used Equipment Sales in U.S. Helps Rocky Mountain Increase 1Q Sales Revenues

May 1, 2015 | Posted in Data & Trends, Equipment & Equipment Sales

Moderate weather, stable commodity prices and an increase in grain deliveries added up to higher first-quarter revenues for the Calgary, Alberta-based Rocky Mountain Dealerships.

Cervus Sees 11.5% 3Q Pick Up; Ag Sales Rise 9%

November 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

Cervus Equipment Corp. said its revenues rose by $26.8 million, or 11.5%, during the dealer group’s third quarter, ended September 30. Overall revenue for the period was $260.8 million vs. the same timeframe in 2012.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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