The two Canadian publicly traded farm equipment dealership groups — Cervus Equipment and Rocky Mountain Dealerships — reported positive results for the third quarter ended Sept. 30, 2020.
Cervus Equipment. John Deere’s largest Canadian dealership group, Cervus Equipment, reported total revenue for the quarter of $356.6 million, up 12% from the $317.1 million reported in the third quarter of 2019. Year-to-date, total revenue is up 8% to $954 million.
Cervus generated $13 million in adjusted…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
![[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment](https://www.agequipmentintelligence.com/ext/resources/2024/04/25/Pessl-Instruments-CEO-Talks-Dealer-Benefits-From-Lindsay-Corp.-Investment.png?height=290&t=1714144307&width=400)
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.
