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 Third-Quarter Earnings
Aug 20, 2012
 Printable format
 Email this Article
 Search

Deere & Company had third quarter worldwide net income of $788.0 million, up from $712.3 million for the same period in 2011.

Net income in the first nine months of 2012 was $2.377 billion, up from $2.130 billion in 2011.

Third quarter worldwide net sales and revenues were up 15%, to $9.590 billion. In the first nine months of the year net sales and revenues were up 13% to $26.365 billion.

Net sales of the equipment operations were $8.930 billion for the quarter and $24.454 billion for nine months, compared with $7.722 billion and $21.563 billion for the same periods in 2011.

Net sales of the worldwide equipment operations were up 16% for the quarter and 13% for the nine months from the previous year.

Equipment net sales in the United States and Canada increased 28% for the quarter and 18% year to date. Outside the U.S. and Canada, net sales were essentially unchanged for the quarter and increased 7% for nine months.

Deere's equipment operations reported operating profit of $1.127 billion for the quarter and $3.347 billion for nine months, compared with $969 million and $2.883 billion in 2011.

Deere's financial services reported net income of $110.4 million for the quarter and $338.6 million for nine months, compared to $125.6 million and $348.9 million last year.

The company forecasts record full-year income of approximately $3.1 billion.

Back to Daily News

 

Daily News

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

Nov 26, 2014: Hamilton Beach 3Q income down slightly

Nov 26, 2014: LG's sales of Inverter Linear Compressor refrigerators top 10 million

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

More Daily News>>

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

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

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 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