Earnings Reports

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Alamo Group 3Q20 Ag Sales Rise 2%

Alamo Group, a manufacturer of equipment for agriculture and infrastructure maintenance, reported consolidated net sales in the third quarter 2020 were up 7.3% to $291.8 million. Sales of its ag equipment rose to $95.5 million, up 2%. Industrial equipment net sales grew to $196.2 million, up 10.1% for the quarter.
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CNHI Ag Sales Up 11% in 3Q20

CNH Industrial posted solid third quarter earnings, largely due to increased demand for the agriculture segment. The company says all divisions performed ahead of earlier expectations. Consolidated revenues for the quarter were $6.5 billion, up 2% vs. the same period of 2019.
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AGCO Reports Sales Up 18.4% in 3Q20

In its third quarter earnings for the year, AGCO reported total sales of $2.5 billion dollars, up 18.4% from $2.1 billion in the third quarter of 2019. For the first 9 months of 2020, total sales were $6.4 billion, down 1.5% from $6.5 billion in the same period last year.
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AGCO Reports Total Sales Up 18.4% in 3Q20

AGCO, a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third quarter ended Sept. 30, 2020. Net sales for the third quarter were approximately $2.5 billion, an increase of approximately 18.4% compared to the third quarter of 2019.
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