Articles tagged under: AGCO

Published May 3, 2023

AGCO reports first quarter net sales of $3.3 billion. That’s up 24 percent from the same quarter last year. AGCO officials cited a healthy farm economy and strong global demand as reasons for the sales increase.

Published November 2, 2022

In a call with investors, AGCO officials said the supply chain problems are continuing. The farm machinery company is keeping higher-than-normal levels of raw materials and equipment inventory on hand. Like other farm equipment companies, AGCO has machinery waiting for…

Published July 29, 2022

AGCO reports second quarter sales of nearly $3 billion, an increase of 2.3 percent from one year ago. For the first six months of the fiscal year, AGCO has net income of $5.6 billion. That’s up over seven percent from…

Published May 3, 2022

In the first quarter, AGCO sales totaled $2.7 billion. That’s an increase of 13 percent from the same quarter last year. High horsepower tractor sales were up in North America. Retails sales of large row-crop equipment was 11 percent below…

Published May 3, 2022

AGCO has acquired Winnipeg-based JCA Industries. JCA specializes in the design of electronic systems and software development to automate and control agricultural equipment.

Published February 10, 2022

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…

Published July 30, 2021

AGCO is reporting second quarter net sales of $2.9 billion, up over 43 percent from the same quarter in 2020. For the first six months of the fiscal year, North American tractor sales are up 22 percent and combine sales…