Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Deere Reports 4Q Loss
Nov 30, 2009
 Printable format
 Email this Article
 Search

Deere & Company announced a worldwide net loss of US$222.8 million, or $0.53 per share, for the fourth quarter ended Oct. 31, compared with net income of $345.0 million, or $0.81 per share, for the same period last year.

"In the face of intense global economic pressure, John Deere has completed a solidly profitable year and maintained its strong financial condition," said Samuel R. Allen, president and CEO. "All our businesses are benefiting from the consistent execution of plans to keep a tight rein on costs and inventories."

Agriculture & Turf sales declined 26% for the quarter and 14% for the full year largely due to lower shipment volumes. The division had an operating loss of $24 million for the quarter and operating profit of $1.448 billion for the full year. The company said that sorldwide sales of the agriculture and turf division are forecast to decrease by about 4% for full-year 2010, including a favorable currency-translation impact of about 2%.

Back to Daily News

 

Daily News

...........................................................

Oct 21, 2014: AHRI Annual Meeting Registration Remains Open

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: Corrected: AHRI Annual Meeting Registration Remains Open

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows