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RME 3Q Callout

Rocky Mountain Dealerships 3Q18 Earnings Slip 2%; To Open Used Equipment Outlet in Kansas

November 7, 2018 | Posted in Earnings Reports
On the financial side, RME reported that total sales decreased 2.3% or $5.4 million to $233.4 million compared with $238.8 million for the same period in 2017. Gross profit declined by 6.6% or $2.6 million to $36.2 million from $38.8 million for the same period in 2017. Early snowfalls across the Canadian Prairies stalled harvest activity throughout mid- to late-September, decreasing in-season demand across all categories.
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Rocky Mountain Dealerships 1H18 Sales Up 18%

September 30, 2018 | Posted in Earnings Reports
Rocky Mountain Dealerships, Canada’s largest ag equipment dealer which handles Case and New Holland-branded equipment, reported that its total second half sales increased by nearly 28%, or $66 million, to $303 million vs. $237 million in the same period last year.
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AGCO Aims for $2 Billion in Precision Ag Business by 2029

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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