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 Record 1Q Earnings
Feb 16, 2012
 Printable format
 Email this Article
 Search

Outdoor power equipment maker Deere & Company reported net income of $532.9 million in the first quarter of it current fiscal year, up from $513.7 million in the first quarter of the previous FY.

Worldwide net sales and revenues for the first quarter increased 11%, to $6.767 billion, from $6.119 billion in the previous year's first quarter. Net sales by equipment operations were $6.119 billion for the quarter, up from $5.514 billion.

Deere's businesses include:
* Agriculture & Turf, which includes it residential and professional lawn and garden equipment
* Construction & Forestry
* Financial Services

Agriculture & Turf sales in the first quarter of FY 2012 increased 8%, with higher shipment volumes and price realization. Operating profit was $574 million compared with $558 million for 1Q in FY 2012. Construction & Forestry sales were up 22%.

Deere forecast its worldwide sales of agriculture and turf equipment to increase 15% in fiscal 2012

Back to Daily News

 

Daily News

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

Sep 25, 2014: Cub Cadet's new lawn tractor has Bluetooth and its own app

Sep 24, 2014: GE has the highest ranked appliance brand website; h.h. gregg ranked top appliance retailer website

Sep 24, 2014: Haier becomes first refrigerator maker to offer a lifetime compressor warranty

Sep 24, 2014: New condensing dishwasher from Whirlpool's plant in Wroclaw, Poland

Sep 24, 2014: Index points to growth in consumer spending on tech products in remaining months of 2014

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