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Art's Way Manufacturing Posts 4.2% Sales Growth in 3Q19

October 10, 2019 | Posted in Earnings Reports

Art's Way Manufacturing Co., a diversified manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, announces its financial results for the third quarter and year-to-date fiscal 2019.

Deutz Optimistic on 2019 Performance Despite First-Half Orders Dip; NA Sales Up 16%

August 9, 2019 | Posted in Earnings Reports

An 8.8% increase in revenues from sales of engines for agricultural equipment contributed to a near 6% overall improvement for off-road engine maker Deutz in the first half of 2019, despite a 3.4% reduction in sales of all engine types from 105,201 to 101,591 units.

Art’s Way Revenue Up 8.6% Year-Over-Year in 2Q19

July 10, 2019 | Posted in Earnings Reports

Consolidated corporate sales for continuing operations for the three- and six-month periods ended May 31, 2019 were $5,747,000 and $9,871,000, respectively, compared to $5,294,000 and $10,660,000 during the same respective periods in fiscal 2018, a $453,000, or 8.6%, increase for the three months and a $789,000, or 7.4%, decrease for the six months.

Lindsay Corp. 3Q19 Revenue Drops 29%; Low Commodity Prices and Trade Disputes

July 10, 2019 | Posted in Earnings Reports

Revenues for the third quarter of fiscal 2019 were $121.1 million, a decrease of $48.5 million, or 29%, compared to revenues of $169.6 million in the prior year third quarter.

Kubota’s 1Q19 Revenues Rise 12.2%; Farm & Industrial Segment Up 14.9%

June 27, 2019 | Posted in Earnings Reports

For the 3 months ended March 31, 2019, revenue of Kubota Corp. and its subsidiaries increased by $483.6 million (12.2%) from the same period in the prior year to $4.46 billion.

Tractor Industry to Grow 8-10% Over the Next 2-3 years, Says Mahindra and Mahindra

June 10, 2019 | Posted in Ag Equipment Worldwide

Source: CNBC TV18

Mahindra and Mahindra (M&M) VP spoke positively last month of the tractor market and M&M’s future growth, despite the company reporting a mixed fourth quarter ended March 31st. Net profit was reported at Rs 969 crore ($139,148,400) in the fourth quarter, down 16% from the same period last year.

Titan Machinery Posts Healthy Gains Across All Segments in 1QFY20

May 30, 2019 | Posted in Earnings Reports

Titan Machinery posted solid top and bottom line increases during its fiscal first quarter as each of its business segments saw healthy growth in sales of equipment, parts and service. Its first quarter results were better than many analysts were forecasting.

Margin or Volume: Both Require Discipline

March 27, 2019

Source: Farm Equipment

Two years ago in this space, the discussion centered on “Margin or Volume?” It appears this may deserve some more attention as dealers continue to confront this age-old retail battle.

Cervus Equipment Reports Ag Equipment Sales Up 11% in 2018

March 18, 2019 | Posted in Earnings Reports

Cervus Equipment, one of John Deere’s largest farm equipment dealership groups, reports that its ag machinery sales for full-year 2018 rose by 11%. This was a new record for its agriculture segment, as revenues rose to $926,886 vs. $833,677 in 2017.

Growing North American Sales Boosts Claas’ Revenues to Record Levels

December 20, 2018 | Posted in Earnings Reports, Ag Equipment Worldwide

Increased sales in North America helped Claas secure a new record level of revenues during its financial year to the end of September 2018.

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