AGCO reports third-quarter results

Chad Elmore Managing Editor, Power Progress

06 November 2024

Sales numbers decrease, record harvests pressuring crop prices

AGCO, a global manufacturer and distributor of agricultural machinery and precision ag technology, reported net sales of $2.6 billion for the third quarter ended Sept. 30, a decrease of 24.8% compared to the third quarter of 2023. Reported net income was $0.40 per share for the third quarter of 2024…

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