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Valmont Reports Ag Sales Up 87.2% in 2Q21

July 22, 2021 | Posted in Earnings Reports

Global agriculture sales of $282 million increased 87.2% year-over-year, due to higher volumes across all markets, particularly in North America, the Middle East and Brazil, favorable pricing and higher technology sales.

Lindsay Corp. Revenue Up 26% in 2Q21

April 6, 2021 | Posted in Earnings Reports

Revenues for the second quarter of fiscal 2021 were $143.6 million, an increase of $29.8 million, or 26%, compared to revenues of $113.8 million in the prior year second quarter.

Lindsay Corp. Reports FY20 Revenue Up 7%

October 22, 2020 | Posted in Earnings Reports

Revenues for the year ended Aug. 31, 2020, were $474.7 million, an increase of $30.6 million, or 7%, compared to revenues of $444.1 million in the prior year.

Lindsay Corp. Reports 3Q20 Total Revenue Up 1.7%

July 2, 2020 | Posted in Earnings Reports

Revenues for the third quarter of fiscal 2020 were $123.1 million, an increase of $2.1 million, or 2%, compared to revenues of $121.1 million in the prior year third quarter. Net earnings for the quarter were $10.1 million compared with net earnings of $2.9 million for the prior year third quarter.

Lindsay’s 2Q Irrigation Sales Disappoint

April 1, 2015

“It was a disappointing operating quarter, as tepid irrigation volumes continue to weight on the top-line earnings,” is how C. Schon Williams, analyst for BB&T Capital Markets, described Lindsay Corp.’s most recent earnings release.

Is Domestic Irrigation Growth Reaching its Peak?

August 1, 2013 | Posted in Equipment & Equipment Sales

The number of new irrigation systems popping up on land that previously was not irrigated suggests use of the equipment is on the rise, but analysts question whether or not irrigation equipment sales have reached their peak.

Lindsay Sends Mixed Signals on Irrigation Market

July 1, 2013 | Posted in Equipment & Equipment Sales

While sales were up, Lindsay notes increased rainfall across the Corn Belt diminished the favorable impact of drought conditions on irrigation equipment demand over the past 12 months. The concern has now switched to the impact of delayed plantings and crop yields on crop prices and farm incomes.

Lindsay Posts Strong 2Q, Cautious About Second Half of 2013

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

Despite strong numbers in its second reporting period of 2013, Lindsay Corp., the Nebraska-based manufacturer of irrigation equipment for agriculture, isn’t at all sure the sales momentum will sustain itself through the remainder of the year.

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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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