Industry Insider

Forecast & Trends

Despite Revenue Gain, Ag Headwinds Pressure Titan Machinery's Bottom Line

Titan Machinery followed through on its April 10 announcement that it would close and/or consolidate 8 of its stores and reduce its overall headcount to improve the performance of its construction equipment operations and counteract the slowdown in ag machinery sales. This allowed the company to report that it increased its overall revenues by 5.4% during the first quarter of fiscal year 2015.
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Ag Equipment Intelligence

Will Deere Double Its Revenues by 2018?

A little over 3 years ago in February 2011, Deere & Co. Chairman and Chief Executive Samuel Allen said he wanted to deliver three times as much profit at normal operating volumes and to double the company’s annual sales to $50 billion by 2018 as part of his John Deere Strategy.
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Ag Equipment Intelligence

Facts & Figures from 2012 U.S. Census of Agriculture

On May 5, USDA released its long-awaited Census of Agriculture, the first update since 2007. Following are some of the key production, financial, economic and demographic data contained in the 2012 Census of Agriculture that will serve as the basis of much of the research that media, government and financial markets will utilize until the next Census in 2017.
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Ag Equipment Intelligence

Kuhn Group's Operating Profit Margin Increased 14.9% in 2013

Fueled in part by its growing North American sales, the Kuhn Group reported that, while its net sales in 2013 grew by 5% vs. the previous year, its profits rose by nearly 25% and profit margins increased by 2.5%.
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Ag Equipment Intelligence

New Tractors Coming to North America?

While several years of speculation about when Claas tractors will finally enter the U.S. and Canada ag market remains just that, another tractor maker from India says it plans to be here in 2015.
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