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Deutz Reports 1H20 Revenue Down 33.3%

August 12, 2020 | Posted in Earnings Reports
The Deutz engines business was already feeling the impact of the coronavirus pandemic in the first quarter of 2020 and, as the year progressed, all areas of the Company’s business were noticeably affected, as expected, in terms of both activities and performance.
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Manitou Reports Sales Down 43% in 2Q20

August 3, 2020 | Posted in Earnings Reports
Manitou, manufacturer of equipment for agriculture, construction and other industries reported its net sales for the first half of 2020 down 35% to €762 million ($895 million) from €1,163 million ($1,366 million) in the first half of 2019.
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CNH Industrial Revenue Drops 26%; Ag Sales Fall 18%

July 30, 2020 | Posted in Earnings Reports
CNH Industrial posted consolidated revenues of $5.6 billion in the second quarter of 2020, down 26% compared to the second quarter of 2019. In total, consolidated revenues were $5.6 billion for the second quarter of the current year, down 26% year-over-year compared to the second quarter of 2019.
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AGCO 2Q20 Net Sales Fall 17%

July 30, 2020 | Posted in Earnings Reports
AGCO posted net sales of about $2 billion during the second quarter of 2020, down approximately 17.2% vs. the same period a year earlier. Net sales for the second quarter were approximately $2 billion, a decrease of approximately 17.2% compared to the second quarter of 2019.
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