Lindsay Sends Mixed Signals on Irrigation Market

Still riding the wave of last year’s drought, Lindsay Corp.’s sales of irrigation equipment rose by 12% in the U.S. to $118.3 million in the third quarter ending May 31, despite the wet spring experienced throughout much of the U.S. Adding to that, the company saw an 88% hike in international sales thanks to a large Iraqi order, growing group revenues 28% to $219.4 million.

While sales were up, Lindsay notes increased rainfall across the…

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