Claas Shows Solid Results Despite Economic, Geopolitical Challenges

In a significantly smaller overall market, Claas maintained the high level of sales it achieved in the previous year with revenues of €3.823 billion (equivalent to $4.67 billion at current exchange rates) through the 12 months to September 2014.

A drop in pre-tax profit from €295.3 million ($361 million) in 2012-13 to €155.1 million ($189 million) last year is attributed to increased costs associated with new engine emissions standards and events in Eastern Europe. Return…

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