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AGCO Agriculture Company - Reports Fourth Quarter Results 2014

AGCO - Fendt Combine X - AGCO GmbH
agrartechnik-jobs.de:
AGCO, DULUTH, Ga., Feb. 3, 2015: AGCO, Your Agriculture Company, a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.5 billion for the fourth quarter of 2014, a decrease of approximately 13.1% compared to net sales of approximately $2.9 billion for the fourth quarter of 2013. “Despite softening market demand in the fourth quarter, we made solid progress with both inventory reduction and our expense savings program,” stated Martin Richenhagen, AGCO’s Chairman, President and Chief Executive Officer. “By lowering production approximately 20% compared to the fourth quarter of 2013, inventories ended the year well below December 31, 2013 levels." AGCO VERÖFFENTLICHT ERGEBNIS FÜR DAS VIERTE QUARTAL

AGCO - Corporate - AGCO GmbH - Fendt/ ... read more in lmv-jobboerse.dehttp://www.lmv-jobboerse.de/de/dienstleistungen/presse/default.asp