AGCO, a farm machinery manufacturer, is reporting an 18.4 percent increase in its third quarter net sales over one year ago at $2.5 billion. Net income for the quarter is $158.1 million. AGCO Chairman and CEO Martin Richenhagen says AGCO’s third quarter results were highlighted by sales growth and margin expansion across all regions. For the first nine months, AGCO is reporting net sales of $6.4 billion and net income of $284.4 million.
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