Items Tagged with 'Graham Drake'

ARTICLES

Cervus Equipment Corp. New Ag Equipment Revenue Up 10% for 2018

March 18, 2019 | Posted in Manufacturer News

Cervus Equipment Corporation announced its financial results and operational highlights for the year ended Dec. 31, 2018.

Cervus Reports Both Total Revenue & Ag Sales Up 9%

November 8, 2018 | Posted in Manufacturer News

Cervus achieved record third quarter equipment sales in our Agriculture segment, increasing 9% compared to the third quarter of 2017, while equipment gross profit margins contracted.

Cervus Equipment Corp. Announces 2017 Year End Results

March 15, 2018 | Posted in Operations & Finance, Dealer News

The Company announced that its Board of Directors has approved an increase in its March 31, 2018 quarterly dividend from $0.07 to $0.10 per share.

Cervus Equipment to Sell 4 Alberta Construction Dealerships

February 27, 2018 | Posted in Dealers on the Move, Dealer News

Go-forward strategy will focus on agriculture, transportation and material handling operations.

Cervus Equipment Announces CFO Retirement, Successor Appointment

November 27, 2017 | Posted in Dealer News

CFO Randy Muth will retire after nearly 13 years with Cervus. Adam Lowther, currently director of finance at Cervus, will be promoted to CFO effective Jan. 1, 2018

Ag Equipment Intelligence

Canadian Dealers See Pick Up in 2Q Sales

By Dave Kanicki posted on August 11, 2017 | Posted in Data & Forecasts

Last week, both publicly traded Canadian farm equipment dealership groups issued their second quarter 2017 earnings reports. Both Cervus Equipment and Rocky Mountain dealerships posted solid revenue gains for the 3 month period ended June 30, 2017.

Cervus Sells Minority Interest in Maple Farms

December 22, 2016 | Posted in Dealer News

Cervus Equipment Corporation today announced that it has sold its 21.449% interest in Maple Farms Partnership to the majority partner for gross proceeds of approximately $9.1 million.

Cervus Equipment Corp. Announces Third Quarter 2016 Results

November 9, 2016 | Posted in Dealer News

The company generated $10.5 million of net income for the third quarter of 2016 compared, to $3.9 million for the comparable period in 2015.

Cervus' Total Revenue Declines 3%, Ag Down Only Slightly

August 11, 2016 | Posted in Data & Forecasts

Cervus Equipment Corp. yesterday announced its financial results and operational highlights for the quarter ended June 30, 2016.

Dealers Biggest Risks: Used Equipment & Flipping

March 8, 2012 | Posted in Niche Equipment Markets

Our used equipment sales have grown probably faster than any other part of our business over the last 3 years, says Graham Drake, president and CEO of Cervus Equipment Corp., one of John Deere's largest farm equipment dealer networks. Its the biggest financial risk out there.

More Articles Tagged with 'Graham Drake'

Farm Equipment Videos

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

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.