Items Tagged with 'operating profit'

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Dealers Report Record Aftermarket Revenue, Wholegoods Margins

Dealers reported record aftermarket revenue, as well as record wholegoods gross margins and returns on their assets and equity in the 2022 Cost of Doing Business study.

By Ben Thorpe posted on December 22, 2022 | Posted in Data & Forecasts, Operations & Finance

North American dealers reported strong financial results for 2021, according to the results of the 2022 Cost of Doing Business study from the North American Equipment Dealers Assn. (NAEDA).

Cost of Doing Business

Dealers Report Strong Revenue, Gross Margins & Profits

The latest Cost of Doing Business study reported increased revenue and profit, as well as improving gross margins dollars on parts, service and wholegoods in 2020.

By Ben Thorpe posted on January 24, 2022 | Posted in Data & Forecasts, Operations & Finance

North American dealers reported strong financial results for 2020, according to the results of the latest Cost of Doing Business study from the Western Equipment Dealers Assn. On average per location, revenue, profit and gross margin dollars were all up.

Deere’s 1Q19 Ag & Turf Sales Increase 10%

February 15, 2019 | Posted in Manufacturer News

Deere & Co. reported net income of $498.5 million for the first quarter ended Jan. 27, 2019 compared with a net loss of $535.1 million for the quarter ended Jan. 28, 2018.

Will CNH Industrial Consider Breaking Up the Company?

February 1, 2018 | Posted in Operations & Finance, Manufacturer News

According to a Feb. 1 Bloomberg report, “CNH Industrial will work to strengthen its balance sheet this year before considering whether to separate its Iveco truck business from the company’s more profitable tractor division," Chief Executive Officer Richard Tobin said.

Deere Reports Net Sales Rose 17% in FY3Q; Ag & Turf Sales Up 13%

August 18, 2017 | Posted in Data & Forecasts, Operations & Finance, Manufacturer News

Source: Deere & Co

Net income attributable to Deere & Co. was $641.8 million, or $1.97 per share, for the third quarter ended July 30, 2017, compared with $488.8 million, or $1.55 per share, for the quarter ended July 31, 2016.

CNH Industrial 2016 Net Sales Down 4.1%, Ag Drops 8.2%

January 31, 2017 | Posted in Manufacturer News

CNH Industrial N.V. (NYSE:CNHI / MI:CNHI) today announced consolidated revenues of $24,872 million for the full year 2016, down 4% compared to 2015.

Ag Equipment Intelligence

Kuhn Group's Operating Profit Margin Increased 14.9% in 2013

May 12, 2014

Source: Ag Equipment Intelligence, April 2014

Fueled in part by its growing North American sales, the Kuhn Group reported that, while its net sales in 2013 grew by 5% vs. the previous year, its profits rose by nearly 25% and profit margins increased by 2.5%.

Deere Announces Record First-Quarter Earnings of $681 Million

February 14, 2013 | Posted in Data & Forecasts

Source: Deere & Co press release

Net income attributable to Deere & Company was $681.1 million, or $1.81 per share, for the first quarter ended January 31, compared with $649.7 million, or $1.65 per share, for the same period last year.

CNH's 2Q Net Sales Top $5 Billion

July 23, 2009 | Posted in Data & Forecasts

Source: CNH Global

CNH Global N.V. (NYSE: CNH) today announced financial results for the quarter ended June 30, 2012. For the quarter, net sales increased 3% (9% constant currency basis) to $5 billion as firm global demand for agricultural equipment, on the back of favorable agricultural commodity prices, compensated for a more mixed trading environment in the construction equipment sector.

CNH Full Year 2011 Revenue Increases 25%; Operating Profit up 65%

July 23, 2009 | Posted in Data & Forecasts, Operations & Finance

Source: CNH

CNH Global N.V. (NYSE: CNH) today announced financial results for the year ended December 31, 2011.

Farm Equipment Videos

Precision Specialist Comes to the Rescue on First Day of Planting

Go behind the scenes with Leo Johnson and his son, Patrick, as they plant corn into strips for the first time on their 1,000-acre farm in Clinton, Wis. Jason Pennycook, precision specialist for 9-store Case IH dealer Johnson Tractor, comes to the rescue with remote support when Patrick runs into a problem with the planter in the field.

Top Directory Listings

Yetter Farm Equipment

Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.

Montag Mfg

Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.

Finance Scope

Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.