Irrigation equipment manufacturer Lindsay reported its third quarter financial results on June 26. The company’s total revenues for the quarter ended May 31, were up 22% to $169.5 million.

Randy Wood, president and CEO of Lindsay, had this to say on the quarterly results:

“Continued strength in our international irrigation business, supported by ongoing project revenues in the MENA region, led to strong irrigation revenue growth for the quarter and a 22% increase in our overall revenues compared to last year."

“North America irrigation revenues were up slightly in the quarter, demonstrating resilience despite increased market uncertainty related to tariffs and potential disruption of U.S. grain exports. In Brazil, our sales volumes improved compared to the prior year as market conditions continue to show incremental signs of improvement. Infrastructure revenues were also higher than the prior year as we enter road construction season in North America."

Irrigation revenues were up 25% to $143.7 million. However, North American irrigation sales were only up 1% for the quarter to $69.1 million.

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