Despite the challenges presented by Covid-19, Europe’s biggest independent distributor of agricultural machinery saw increased sales and profits during the first half of the parent group’s financial year.
The new EU regulation is actually a set of new machinery standards, and it went into effect Jan. 1, 2016 though it wasn’t extended to all new tractors put on the market (regardless of whether they were new or used) until the beginning of 2018.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
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.