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AGCO - Corporate Headquarters, DULUTH, GA: AGCO reported net sales of approximately $2.0 billion for the third quarter of 2017, an increase of approximately 12.8% compared to the third quarter of 2016. Excluding favorable currency translation impacts of approximately 2.7%, net sales in the third quarter of 2017 increased approximately 10.1% compared to the third quarter of 2016. Third Quarter Highlights: • Reported regional sales results(1): North America +6.7%, Europe/Middle East (“EME”) +15.2%, South America +4.5%, Asia/Pacific/Africa (“APA”) +29.4% • Constant currency regional sales results(1)(2): North America +5.8%, EME +10.9%, South America +4.8%, APA +25.9% • Regional operating margin performance: North America 5.6%, EME 9.7%, South America 3.3%, APA 7.3% • Maintaining full-year outlook for net income per share. “AGCO delivered solid sales and earnings performance in the third quarter, while continuing to make strategic investments in new technologies, productivity enhancements and new market development,” stated Martin Richenhagen, AGCO’s Chairman, President and Chief Executive Officer. ... read more - lmv-jobboerse - lmv-presse - Manfred Lorenzen, Soest
AGCO - Corporate Headquarters