Cervus Equipment Sees 30% Rise in 1Q Revenues

On May 9, Cervus Equipment, one of John Deere’s largest dealership groups in North America, reported its revenue grew by $25.5 million or 30.3% to $109.8 million in the first quarter ended March 31, 2012. Same-store sales increased by $22.1 million 26% during the period compared with the first quarter of last year. Cervus operates 42 dealership locations in Western Canada. In addition to Deere ag equipment, the group also handles Bobcat and JCB construction…

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