Welcome to our dedicated page for Agco news (Ticker: AGCO), a resource for investors and traders seeking the latest updates and insights on Agco stock.
AGCO Corporation (NYSE: AGCO), a global leader in agricultural machinery and precision farming technology, provides this centralized hub for investors and industry professionals to access its latest news and announcements. Track official press releases, earnings reports, and strategic developments directly from the source.
This resource offers comprehensive updates on AGCO’s innovations in smart farming solutions, partnerships, and sustainability initiatives. Users will find timely information on product launches, corporate governance updates, and market expansions across the company’s global network.
Key categories include quarterly financial results, technological advancements in precision ag equipment, and AGCO’s evolving sustainability roadmap. The curated collection ensures stakeholders stay informed on critical developments impacting the agricultural machinery sector.
Bookmark this page for streamlined access to AGCO’s verified announcements. Check back regularly to monitor the company’s progress in advancing modern farming through cutting-edge equipment and data-driven solutions.
Universal Technical Institute (UTI) addresses the demand for agricultural technicians through its Fendt Technician Academy, a 12-week training program at the Lisle campus, Illinois, with over 40 students enrolled since Fall 2021. Supported by 42 North American Fendt dealers, graduates are sought after as employees, with Holt AG Solutions hiring six graduates. The program, funded by Fendt, includes hands-on training and certifications in hydraulic systems, engine technology, and FUSE® systems, requiring a one-year employment commitment at a Fendt dealer upon graduation.
AGCO Corporation (NYSE: AGCO) is launching Fendt & Luke Bryan’s Boldly Grown Popcorn on
AGCO, a leader in agricultural equipment, announced its participation in the 2022 Jefferies Industrials Conference on August 10, 2022. Andy Beck, Senior Vice President, will present at 1:30 p.m. E.T.. Investors can access a live webcast of the presentation via the company's Investors section; the presentation will be archived post-event. AGCO reported $11.1 billion in net sales for 2021 and offers brands like Challenger®, Fendt®, and Massey Ferguson®.
AGCO reported second-quarter 2022 net sales of approximately $2.9 billion, a 2.3% increase year-over-year, boosted by core sales growth of 9.8% after adjusting for currency impacts. The reported net income was $2.37 per share, down from $3.73 in the same quarter last year. For the first half of 2022, AGCO achieved sales of approximately $5.6 billion, up 7.1%. Regional highlights include significant sales growth in South America (86.6%) but declines in Europe/Middle East (10.3%). Full-year adjusted earnings per share guidance remains at $11.70 to $11.90.
AGCO announced the retirement of Hans-Bernd Veltmaat as Chief Supply Chain Officer, effective December 31, 2022. Tim Millwood will succeed him, effective August 15, 2022. Millwood joins AGCO with over thirty years of experience at Cummins Inc, where he was Vice President of Global Manufacturing. AGCO's Chairman Eric Hansotia praised Veltmaat's contributions to transforming AGCO's manufacturing network. AGCO, headquartered in Duluth, Georgia, reported net sales of approximately $11.1 billion in 2021.
AGCO, a leading manufacturer of agricultural equipment, announced a quarterly dividend of $0.24 per common share. This dividend will be paid on September 15, 2022, to stockholders of record as of August 15, 2022. In 2021, AGCO reported net sales of approximately $11.1 billion, showcasing its significant market presence.
This dividend declaration highlights AGCO's commitment to returning value to its shareholders while continuing to support sustainable agricultural practices.
AGCO (NYSE: AGCO), a leader in agricultural equipment manufacturing, has scheduled its Second Quarter 2022 Earnings Release Conference Call for July 28 at 10:00 a.m. ET. Interested participants can access the call and accompanying slides through AGCO's website. In 2021, AGCO reported net sales of approximately $11.1 billion. The company promotes sustainability through its advanced agricultural technologies and differentiated brand portfolio, which includes brands like Challenger®, Fendt®, and Massey Ferguson®.
AGCO, a leading agricultural equipment manufacturer, will host a sustainable technology event on
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