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Exel Industries’ FY2018-19 Profits Plunge Nearly 90%

January 21, 2020 | Posted in Earnings Reports

Profits at crop sprayer and sugar beet harvester maker Exel Industries plunged almost 90% last year as revenues declined in all its operating sectors and the group made significant provisions for re-organization.

Crop Sprayer Maker Exel Industries to Lay Off Staff, Close Facilities

October 15, 2019 | Posted in Ag Equipment Worldwide

Exel Industries, the parent group of the international Agrifac, Berthoud, Hardi and Tecnoma sprayer product lines, the Apache operation in the U.S., and a number of local European brands, is closing two of its production facilities in France with the loss of around 200 staff.

Exchange Rates Impact Exel Industries’ FY18 Revenues

December 20, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

Fluctuations in foreign exchange rates had a negative impact of €20.5 million ($23.5 million) on Exel Industries reported revenues in its fiscal year to September 2018.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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.

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