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Titan Machinery Reports 3Q20 Ag Revenue Up 3.1%

David Meyer, Titan Machinery's Chairman and chief executive officer, stated, "We exceeded our third quarter top-line expectations due to strong parts and service performance in our Agriculture segment and better than anticipated equipment sales in our Construction and International segments."
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AGI Reports 3Q20 Sales Up 8.2%

Continued robust performance in North American Farm markets, EMEA, Brazil and India was offset by lower results in North American Commercial markets resulting in a record third quarter for sales and adjusted EBITDA despite ongoing COVID-19 challenges.
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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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