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Titan Machinery Reports $2 Billion in FY24 Ag Revenue

April 15, 2024 | Posted in Earnings Reports

In its fiscal year 2024 earnings report on March 21, Titan Machinery reported $2 billion in ag equipment revenue for the year, a 28% year-over-year increase.

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Ag Equipment Manufacturers Increase Advertising Spending in 2023

April 15, 2024 | Posted in Earnings Reports, Equipment & Equipment Sales

Several publicly held ag equipment manufacturers reported increasing their advertising spending year-over-year in 2023.

Large Ag Equipment Sales Down Slightly

April 15, 2024 | Posted in Earnings Reports

Combined U.S. and Canada large ag unit sales were down 3.1% year-over-year in March (down 7.9% in February). U.S. large ag equipment sales were down 3.4%.

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Art’s Way Ag Sales Down 22% in Q1

April 15, 2024 | Posted in Earnings Reports

Shortline manufacturer Art’s Way Manufacturing reported first quarter consolidated sales of $5.7 million on April 9.

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Buhler Industries Reports $126 Million in 2023 U.S. Sales, Looks at Introducing ASKO Products

April 15, 2024 | Posted in Earnings Reports

In its annual report filed March 28, Buhler Industries, which manufacturers the Versatile and Farm King brands of farm equipment, reported C$239 million in annual revenue, down 0.6% year-over-year.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

April 15, 2024 | Posted in Data & Trends, Earnings Reports

According to AGCO’s 2023 annual report, the company brought in $1.4 billion in tractor sales last year, up 17.7% year-over-year.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

April 2, 2024 | Posted in Earnings Reports

Revenue from replacement parts was up 3.8% year-over-year to $421 million.

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Deere Reports Dealer Inventories Approaching Pre-Pandemic Levels

March 15, 2024 | Posted in Earnings Reports

In its first quarter 2024 earnings, John Deere reported that, as a percentage of trailing 12 month retail sales, its dealers inventories of over 100 horsepower tractors and combines were back to pre-pandemic levels.

AGI Reports 5% Improvement in 2023 Revenues

March 15, 2024 | Posted in Earnings Reports

2023 marked the fourth straight record year for Ag Growth International (AGI). The Canadian shortline manufacturer reported its fourth quarter and year-end results on March 5.

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Linamar Reports 2023 Sales Up 23%

March 15, 2024 | Posted in Dealers & Dealerships, Earnings Reports

Linamar, in its 2023 earnings report, saw a record C$9.7 billion in 2023 sales, a 22.9% year-over-year increase.

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.

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Earnings Reports
RSS

ARTICLES

Titan Machinery Reports $2 Billion in FY24 Ag Revenue

Ag Equipment Manufacturers Increase Advertising Spending in 2023

Large Ag Equipment Sales Down Slightly

Art’s Way Ag Sales Down 22% in Q1

Buhler Industries Reports $126 Million in 2023 U.S. Sales, Looks at Introducing ASKO Products

AGCO Reports $1.4 Billion in 2023 Tractor Revenue

AGCO Reports $1.4 Billion in 2023 Tractor Revenue

Deere Reports Dealer Inventories Approaching Pre-Pandemic Levels

AGI Reports 5% Improvement in 2023 Revenues

Linamar Reports 2023 Sales Up 23%

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Big Shortline Report: A Listing of Specialty Ag Equipment Manufacturers (PDF)

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment