Deere & Co ended the year with strong fourth-quarter performance. The company is already gaining from higher agricultural commodity prices that will likely increasing agricultural equipment demand in the near term and reported an impressive 13.6% margin for its core equipment operations. An improved macro for the construction and forestry sector as well as a focus on investments in precision agriculture will continue to push Deere’s top-line growth. Earthmoving and compact construction equipment ....
13 Dec 2021
Deere & Co.: A Strong Upside From Precision Agriculture (12/2021)
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Deere & Co.: A Strong Upside From Precision Agriculture (12/2021)
- Published:
13 Dec 2021 -
Author:
Ishan Majumdar -
Pages:
14
Deere & Co ended the year with strong fourth-quarter performance. The company is already gaining from higher agricultural commodity prices that will likely increasing agricultural equipment demand in the near term and reported an impressive 13.6% margin for its core equipment operations. An improved macro for the construction and forestry sector as well as a focus on investments in precision agriculture will continue to push Deere’s top-line growth. Earthmoving and compact construction equipment ....