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 17, 2014
 Printable format
 Email this Article
 Search

Deere & Company's Agriculture & Turf business segment—which includes residential and professional lawn care equipment—had net sales of $5,596 million in the first quarter of its current fiscal year, compared to $5,491 million in the first quarter of the previous fiscal year.

The first quarter of the company's fiscal year 2014 ended January 31, 2014.

Operating profit for Agriculture & Turf was $797 million in the first quarter, up from $766 million in the first quarter of the previous FY.

Deere & Company as a whole reported first quarter net income of $681.1 million, up from $649.7 million in the first quarter of the previous year.

Worldwide net sales and revenues in the first quarter were up 3%, to $7.654 billion, from $7.421 billion in the previous year's first quarter. Net sales of the company's equipment operations were $6.949 billion, up from $6.793 billion.

"With another record quarter, John Deere has started 2014 on a strong note," said Chairman and CEO Samuel R. Allen. He credited the company's operating and marketing plans for the strong results. "In addition, we are seeing further benefit from efforts to hold the line on costs."

Back to Daily News

 

Daily News

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

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Arçelik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
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




 
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