Titan Machinery Sees 4Q Revenues Rise 29.2%; 32.5% for FY13

Titan Machinery, Case IH’s largest equipment dealer worldwide, posted healthy revenue increases for both the fourth quarter and full year of fiscal 2013. At the same time, the dealer group’s net income slipped as a result of construction segment losses, margin pressures and rising floorplan costs as a result of higher equipment inventories.

In its earning report on April 10, Titan showed a fourth quarter revenue increase of 29.2% to $784.5 million vs. $607 million…

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