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Net Income of $903 Million Reported in Deere’s First Quarter

February 18, 2022 | Posted in Earnings Reports

Deere & Company reported net income of $903 million for the first quarter ended Jan. 30, 2022, or $2.92 per share, compared with net income of $1.224 billion, or $3.87 per share, for the quarter ended Jan. 31, 2021.

Kubota Reports FY21 Revenue Up 18.5%

February 15, 2022 | Posted in Earnings Reports

Domestic revenue increased by $66 million (+1.3%) from the prior year to $5.2 billion because of increased revenue in Farm & Industrial Machinery mainly due to increased sales of farm equipment, despite a decrease in revenue in Water & Environment and Other.

Manitou Reports FY21 Net Sales Up 18%

February 15, 2022 | Posted in Earnings Reports

The Product Division (combining the former MHA and CEP divisions) achieved quarterly sales of $434.1 million, up 8% on 4Q20 and 19% year-over-year.

AGCO Makes Big Precision Push in 2021

February 15, 2022 | Posted in Earnings Reports

While AGCO reported on Feb. 8, 2022, that net sales for 2021 were up nearly 22% to $11.1 billion, the manufacturer’s precision ag sales surpassed $0.5 billion — up 34% compared to 2020.

10-Year Picture Includes 11% Increase in Krone’s Ag Division in Just-Completed Fiscal Year

February 15, 2022 | Posted in Earnings Reports

In mid-January, Spelle, Germany-based Krone reported its 2020-21 fiscal year results. Ag Equipment Intelligence has been charting Krone’s financial data performance for more than 10 years, as summarized below.

CNH Industrial Finished 2021 with Net Ag Sales Up 35%

February 15, 2022 | Posted in Earnings Reports

On Feb. 8, CNH Industrial reported its fourth quarter and full year 2021 results, the last year of operations prior to the demerger of Iveco Group effective Jan. 1.

Trimble Reports $3.7 Billion in FY21 Revenue

February 10, 2022 | Posted in Earnings Reports

The company reported FY21 GAAP revenue of $3,659.1 million, and non-GAAP revenue of $3,659.4 million, both up 16% year-over-year.

Art's Way Reports $25 Million in 2021 Net Sales

February 8, 2022 | Posted in Earnings Reports

Consolidated net sales totaled $24,965,000 for the 2021 fiscal year, which represents a 11.4% increase from consolidated net sales of $22,409,000 for the 2020 fiscal year.

CNH Industrial Reports 2021 Consolidated Revenue of $33.4 Billion

February 8, 2022 | Posted in Earnings Reports

For the fourth quarter, CNH reported consolidated revenues of $9.1 billion, up 7% vs. the fourth quarter of 2020. Agriculture net sales for the quarter were up just over 21% to about $4.2 billion.

AGCO Reports 4Q 2021 Sales Up 16% to $3.2 Billion

February 8, 2022 | Posted in Earnings Reports

Net sales for the full year of 2021 were approximately $11.1 billion, which is an increase of approximately 21.7% compared to 2020.

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Pöttinger Reports $544.6 Million in Revenue for Fiscal Year 2024

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