Farm equipment manufacturer AGCO is reporting fiscal fourth quarter net income of $283.3 million on net sales of $3.15 billion. AGCO reports full year net income of $905 million on net sales of $11.14 billion. AGCO’s North American sales increased nearly 21 percent year-over-year on increased sales of high horsepower and mid-range tractors and precision planting equipment sales. Read the report.
