Väderstad Revenues Hit Nearly $340M in FY18

The Väderstad Group, which encompasses worldwide manufacturing and distribution businesses including North American operations based in Langbank, Sask. (production) and Cambridge, Ont. (sales), generated 27% more turnover in its 2018 financial year.

The manufacturer of tillage equipment, precision planters and seed drills in Sweden, and Seed Hawk air seeders in Canada, recorded €300 million ($339 million) for the first time, with net profit amounting to €11.8 million ($13 million).

 “The drought in 2018, especially in…

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