Argo, SDF Report Strong Results Despite Ag Headwinds

Italian tractor makers Argo — the group behind Landini and McCormick — and the Same Deutz-Fahr Group weathered the past year’s market headwinds better than some, judging by their 2014 financial results.

Argo Group. Argo reported a 2.5%, or €12 million ($13 million), drop in revenues to €465 million ($508 million) for the year compared with 2013, with sales in North America, Africa, Latin America and Asia offsetting declines elsewhere.

Cost-savings through various efficiency initiatives…

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