Exel Reports Sprayer Sales Decline is Slowing

Crop sprayer manufacturer Exel Industries has reported some easing of the sharpest drop in sales it has experienced since 1991. Revenues from sprayer sales in the group’s March-to-May third quarter were still off 6.4%, but look more encouraging than the 17% rolling shortfall for the 12 months to the end of May.

Some improvement in the figures was anticipated for the agricultural sprayer sector — which encompasses international players such as Berthoud, Hardi and Tecnoma…

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