Despite Production Disruptions, ARGO Posts Solid Results

Despite challenging market conditions and the trauma of an earthquake in 2012, the manufacturer of Landini, McCormick and Valpadana tractors continued to improve its profitability through increased efficiencies.

ARGO Tractors SpA and its subsidiaries recorded a 19% improvement in net operating result equivalent to $13.2 million at today’s exchange rate, from $11 million in 2011, on revenues of $627 million — a level similar to the preceding year of $635 million.

“Despite weakness in markets…

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