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CNHI’s 3Q19 Revenues Down 5%; Ag Sales Fall 7%

November 6, 2019 | Posted in Earnings Reports
CNH Industrial reported third quarter consolidated revenues of $6.4 billion, a year-over-year drop of 5%. Net sales of its agricultural segment dropped 7% vs. the third quarter of 2018. The company said that industry volume deceleration coupled with an unfavorable product mix drove sales down, primarily in North America and the Rest of World regions.
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Alamo Group Reports 3Q19 Net Sales Increased 5.5%; Ag down 2.7%

October 31, 2019 | Posted in Earnings Reports
Alamo Group Inc. (ALG) reported record net sales for a third quarter of $271.8 million, up 5.5% for the third quarter ended Sept. 30, 2019. By operating segment Industrial Division net sales of $158.5 million were up 1.1%; Agricultural Division net sales of $59.8 million were down 2.7%; European Division net sales of $53.5 million, up 35.9%.
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Trimble’s 3Q19 Revenues Decline 1%

October 30, 2019 | Posted in Earnings Reports
Trimble Inc. (NASDAQ: TRMB) announced third quarter 2019 GAAP revenue of $783.9 million, down 1% compared to the third quarter of 2018. Third quarter 2019 non-GAAP revenue of $784.3 million was down 3% vs. the same period of 2018.
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Manitou Posts 4% Sales Gain in 3Q19, Up 18% for 9 Months

October 22, 2019 | Posted in Earnings Reports
Manitou, manufacturer of equipment for construction, agriculture and other industries reported a 4% increase in sales during the third quarter of 2019 and 18% from the first 9 months of the year. Besides Manitou equipment, the company is also known for its Gehl and Mustang branded equipment.
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Poettinger Reports 8% Sales Growth in FY2019

September 18, 2019 | Posted in Earnings Reports
Poettinger, the Austrian manufacturer of tillage and hay tools, continued its growth trajectory during the financial year to the end of July with an 8% increase in sales revenues of just over €28 million ($31 million) to €382 million ($422 million).
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