AGCO reported third quarter results Oct. 28 with net sales for the quarter down 19.4% year-over-year to $1.7 billion. The company also reported it has lowered its inventory by $305 million compared to the same time in 2014.
Despite the year-over-year declines, an analyst for Seaport Global said in a note to investors that they continue to be impressed by AGCO’s execution on margin in…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
