In its earnings released Oct. 11, Art’s Way reported $8.1 million in third quarter sales and $23.4 million in sales for the first 9 months of the fiscal year.
In an interview with Ag Equipment Intelligence, Ploeger Oxbo Group CEO Roel Zeevat said the acquisition is designed to boost Oxbo’s hay and forage equipment offerings as well as increase its manure equipment presence.
While Fliegl plans to retain the Brochard brand for markets where it is well established, such as France and some other countries in western and eastern Europe, the products will be supplied under the Fliegl name elsewhere.
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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.