Data & Forecasts

AGCO Reports 2Q Net Sales Drop 25%

Second quarter sales of $2.1 billion generate adjusted EPS of $1.25 and reported EPS of $1.22.
AGCO reported net sales of approximately $2.1 billion for the second quarter of 2015, a decrease of approximately 24.8% compared to net sales of approximately $2.8 billion for the second quarter of 2014.
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Forecast & Trends

Livestock Segment Still Best Bet for Equipment Sales in 2015

Bolstered by strong sales to the livestock segment of the industry, sales of compact and mid-range tractors were among the few bright spots for farm equipment sales in 2014. Overall, sales of tractors 40 horsepower and lower were up for all of last year by 6.8%, while those in the 40-100 horsepower range rose by 8.9% year-over-year.
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New Equipment Inventories Showing Improvement

The most recent figures released by the Assn. of Equipment Manufacturers indicates that North American inventories of new tractors and combines are improving vs. a year earlier. This may come as little comfort to 40% of dealers who say they still have “too much” new equipment on their lots.


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