Agco Corp (N:AGCO)
Business Focus: Heavy Machinery & Vehicles
Apr 25, 2024 03:37 pm ET
AGCO ANNOUNCES DIVIDENDS
Special Variable Dividend of $2.50 per shareRegular Quarterly Dividend of $0.29 per share
Apr 19, 2024 10:21 am ET
AGCO Leader Wins 2024 Women MAKE Award
Kimberly Savageau Recognized as one of 130 Women Who Inspire Excellence in Manufacturing
Apr 12, 2024 10:25 am ET
AGCO ANNOUNCES FIRST-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
DULUTH, Ga., April 12, 2024 /PRNewswire/ -- AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its first-quarter 2024 earnings release conference call is scheduled for Thursday, May 2 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" Section.
Apr 08, 2024 12:13 pm ET
AGCO Launches PTx, a Precision Ag Portfolio to Accelerate Technology Transformation
New leading brand combines precision technologies of Precision Planting and PTx Trimble
Apr 01, 2024 04:05 pm ET
AGCO and Trimble Close Joint Venture, Form PTx Trimble
Leading ag tech deal creates an industry-leading, mixed-fleet precision ag platform serving farmers globally
Mar 25, 2024 10:05 am ET
AGCO Progresses on its Sustainability Journey, Giving Farmers MorePrecision Ag and Clean Technology Solutions
Company Highlights New Products, New Targets and New Records in 2023 Sustainability Report
Mar 21, 2024 01:45 am ET
AGCO Invests EUR 70 million in AGCO Power Facility in Linnavuori, Finland to Increase Sustainable Product Offerings and Support Future Growth
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is announcing a EUR 70 million investment in its Linnavuori plant in Nokia, Finland to accelerate further clean energy innovations.
Feb 21, 2024 09:30 am ET
AGCO’s Fendt®, Massey Ferguson®, Precision Planting® & GSI® Offer Expansive, Farmer-Focused Exhibit at 2024 Commodity Classic
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will be among the headliners at the 2024 Commodity Classic, with an expansive exhibit featuring Farmer-Focused solutions and services from across its North American brands, including Fendt®, Mas
Feb 20, 2024 03:22 pm ET
AGCO to Present at the 2024 Barclays Industrial Select Conference
AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Barclays Industrial Select Conference on Thursday, February 22, 2024. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 1:50 p.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s Investor Relations website at
Feb 13, 2024 01:01 pm ET
Massey Ferguson® Launches the MF 3 Series Specialty Tractor, a High-Value-Per-Dollar Tractor Solution for Vineyards and Orchards
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, introduced today the Massey Ferguson® 3 Series Specialty tractor to the North American market....
Feb 13, 2024 10:30 am ET
Massey Ferguson® Launches the MF 3 Series Specialty Tractor, a High-Value-Per-Dollar Tractor Solution for Vineyards and Orchards
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, introduced today the Massey Ferguson® 3 Series Specialty tractor to the North American market. Designed to meet the unique challenges of vineyards and orchards, the MF 3 Series brings straightfo
Feb 08, 2024 08:35 am ET
AGCO’s Display at 2024 National Farm Machinery Show to Highlight New and Award-Winning Solutions
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will exhibit a wide array of farmer-focused precision ag solutions at the National Farm Equipment Show on February 14-17 in Louisville, Kentucky. The display will be highlighted by the Louisville debut of
Feb 07, 2024 08:35 am ET
AGCO to Exhibit New and Award-Winning Equipment at 2024 World Ag Expo
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will host an expansive exhibit at the 2024 World Ag Expo in Tulare, California, on February 13-15. Headlining AGCO’s exhibit will be the North American debut of the Massey Ferguson® 3 Series Sp
Feb 06, 2024 07:30 am ET
AGCO Reports Fourth Quarter and Full Year Results
AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $3.8 billion for the fourth quarter of 2023, a decrease of 2.5% compared to the fourth quarter of 2022. Reported net income was $4.53 per share for the fourth quarter of 2023, and adjusted net income(3) was $3.78 per share. These results compare to reported net income of $4.29 per share and adjusted net income(3) of $4.47 per share, for the fourth quarter of 2022. Excluding favorable currency
Jan 31, 2024 07:15 am ET
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of AGCO Corporation (NYSE: AGCO) and Encourages Investors to Contact the Firm
PHILADELPHIA, Jan. 31, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating AGCO Corporation (NYSE: AGCO) on behalf of the company's investors.
Jan 30, 2024 10:00 am ET
AGCO Launches FarmerCore to Bring the Dealer Experience Directly to the Farm
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the launch of FarmerCore, a transformative global initiative to deliver a next-generation farmer and dealer experience. The launch of the new end-to-end distribution model is a significant milestone in advancing AGCO’s Farmer-First strategy and solidifying its commitment to helping farmers across the globe become more profitable, productive and sustainable.
Jan 19, 2024 02:00 pm ET
AGCO Announces Fourth-Quarter 2023 Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its fourth-quarter 2023 earnings release conference call is scheduled for Tuesday, February 6 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Jan 18, 2024 11:15 am ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on March 15, 2024, to all stockholders of record as of the close of business February 15, 2024.
Jan 04, 2024 02:00 pm ET
AGCO Names Viren Shah as Chief Digital & Information Officer
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced the addition of a Chief Digital & Information Officer (CDIO) to its senior leadership team, reporting directly to Chief Executive Officer Eric Hansotia. Viren Shah will become an AGCO Senior Vice President and CDIO effective January 16, 2024. He will lead the development, design and implementation of the company’s digital vision and strategy, including IT, and data analytics.
Dec 13, 2023 08:35 am ET
AGCO Names Lee Pemberton 2023 Operator of the Year
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, named Lee Pemberton of Makin’ Trax Contractors in Hallock, Minnesota, the 2023 Operator of the Year at the Agricultural Retailers Association (ARA) Annual Conference & Expo in Orlando, Florida, on Novembe
Dec 07, 2023 08:35 am ET
AGCO’s Massey Ferguson® Names Gunnison Cattlemen’s Days Rodeo 2023 Sowing Good Deeds™ Winner
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, continues to celebrate the generous support of rodeo committees across the United States to their local ag communities. AGCO’s
Dec 06, 2023 08:35 am ET
AGCO Brands Win Six 2024 AE50 Awards
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced today that six of its products and solutions have been recognized with prestigious 2024 AE50 awards from the
Nov 24, 2023 05:30 am ET
Finnish President Recognizes AGCO as International Long-Term Investor
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has received the annual Internationalization Award of the President of the Republic of Finland in the category of Long-Term International Investor. The Award is bestowed annually in recognition of internationally successful companies or communities.
Nov 22, 2023 09:23 am ET
AGCO’s Innovative and Sustainable Machines Win Big at Agritechnica
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and its family of leading brands, received six major awards at the world’s largest trade fair for agricultural machinery, Agritechnica 2023. Included in the recognitions – which were decided based on votes cast by committees of independent experts and by the Agritechnica attendees themselves – are top awards recognizing Fendt® and Precision Planting®.
Nov 12, 2023 04:00 am ET
AGCO Continues Technology Transformation to Become an Industry Leader in Smart Farming Solutions
Following the recently announced transformational Joint Venture (JV) with Trimble, which creates an industry leading global mixed-fleet precision ag platform, AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, continues its technology evolution with exciting announcements.
Nov 09, 2023 11:28 am ET
AGCO to Showcase Technology Stack and Sustainable Solutions at Agritechnica 2023
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will once again host thousands of farmers at the world's largest ag fair, Agritechnica.
Nov 07, 2023 08:35 am ET
AGCO Releases November 2023 North American Distribution Network Update
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, provided an update regarding the growth plan for its North American distribution network today. AGCO embarked on an ambitious growth plan in North America in 2022 to transform and expand its dealership ne
Oct 31, 2023 07:30 am ET
AGCO Reports Third-Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported its results for the third quarter ended September 30, 2023. Net sales for the third quarter were approximately $3.5 billion, an increase of 10.7% compared to the third quarter of 2022. Excluding favorable foreign currency translation of 3.5%, net sales in the quarter increased 7.2% compared to the third quarter of 2022. Reported net income was $3.74 per share for the third quarter of 2023, and adjusted net income(1),
Oct 26, 2023 02:34 pm ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on December 15, 2023, to all stockholders of record as of the close of business November 15, 2023.
Oct 26, 2023 08:35 am ET
AGCO Welcomes Plevna Implement Expansion in Western Indiana
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, welcomed
Oct 17, 2023 09:00 am ET
AGCO Announces Third-Quarter 2023 Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its third-quarter 2023 earnings release conference call is scheduled for Tuesday, October 31 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Sep 28, 2023 07:00 am ET
AGCO to Acquire Trimble Ag Assets and Technologies Through a Joint Venture Focused on Next-Generation Precision Ag Technology
AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and Precision Ag technology, announced it has entered into a Joint Venture (JV) with Trimble (Nasdaq: TRMB), where AGCO will acquire an 85% interest in Trimble’s portfolio of Ag assets and technologies for cash consideration of $2.0 billion and the contribution of JCA Technologies.
Sep 28, 2023 07:00 am ET
Trimble and AGCO to Form Joint Venture to Better Serve Farmers Worldwide with Mixed Fleet Precision Agriculture Solutions
Joint Venture to Accelerate Innovation in Factory-Fit and Aftermarket Solutions to Benefit Farmers Across the Globe
Sep 13, 2023 12:01 pm ET
AGCO Announces Sustainable Test Farm in North Dakota
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced today plans to build a state-of-the-art test farm in Casselton, North Dakota. This strategic initiative aims to develop innovative farming practices to create a truly sustainable farm, specifica
Sep 12, 2023 10:30 am ET
AGCO Welcomes AgRevolution™ Expansion in Harrisburg, Illinois
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology welcomed the announcement from AgRevolution™ of its intent to expand into Harrisburg, Illinois, through an asset purchase of M&S Implement Company Incorporated of Harrisburg, Illinois, in late October 2023
Sep 12, 2023 08:30 am ET
ONE SMART SPRAY from Fendt® and Bosch BASF Wins CropLife IRON Showstopper Award at MAGIE 2023
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced that the
Sep 11, 2023 08:00 am ET
AGCO Agriculture Foundation Launches Call for Applications for Grant
AGCO Agriculture Foundation (the “Foundation”) a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced the launch of its refined Call for Applications for Grant (“CAG”) 2023 for one of its
Sep 06, 2023 10:00 am ET
AGCO to Present at the Morgan Stanley 11th Annual Laguna Conference
AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the Morgan Stanley 11th Annual Laguna Conference on Tuesday, September 12, 2023. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 1:25 p.m. Pacific Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s Investor Relations website at
Sep 01, 2023 11:05 am ET
AGCO Welcomes Agri-Service Dealership Expansion in Northern Idaho
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology welcomed Agri-Service’s acquisition of Blue Mountain Agri-Support, Inc. in Lewiston and Moscow, Idaho. Agri-Service, now a 13-location AGCO dealership serving Idaho, southeast Washington, and parts
Sep 01, 2023 10:24 am ET
AGCO to Present at Jefferies 2023 Industrials Conference
AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the Jefferies 2023 Industrials Conference on Thursday, September 7, 2023. The conference will include a fireside chat with Eric Hansotia, Chairman, President and Chief Executive Officer, and Damon Audia, Senior Vice President and Chief Financial Officer, at 2:30 p.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s Inve
Aug 29, 2023 10:30 am ET
AGCO’s Fendt® Expands Award-Winning Momentum® Planter Line with 30-Foot Model
AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today the introduction of a new 30-foot model for its Fendt® Momentum® planter line, making its agronomically-advanced capabilities available to a wider range of farming oper
Aug 28, 2023 09:12 am ET
AGCO to Present at Citi’s 2023 Global Technology Conference
AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the Citi 2023 Global Technology Conference on Wednesday, September 6, 2023. The conference will include a fireside chat with Eric Hansotia, Chairman, President and Chief Executive Officer, and Damon Audia, Senior Vice President and Chief Financial Officer, at 8:15 a.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s In
Aug 23, 2023 12:00 pm ET
Massey Ferguson Launches MF 500R Series Sprayer
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, introduced the new Massey Ferguson® 500R Series Sprayer, a reliable, user-friendly solution for effective applications and increased independence. Building on more than 60 years of experience from across t
Aug 22, 2023 10:00 am ET
AGCO Agriculture Foundation Donates $50,000 to Support Continuing Relief Efforts in Ukraine
The AGCO Agriculture Foundation (“the Foundation”), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, announced a USD 50,000 grant to the
Aug 22, 2023 08:35 am ET
AGCO to Showcase Historic Exhibits and Leading-Edge Ag Technology at 2023 Farm Progress Show
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will exhibit award-winning equipment from across its brands at the Farm Progress Show (FPS) in Decatur, Illinois, on August 29 – 31, 2023, in booths 333 (AGCO), 219 (Fuse) and 1033 (Precision Planting). F
Aug 18, 2023 12:00 pm ET
Massey Ferguson® Introduces 1 Series Round Baler
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced today the launch of a new round baler series. The Massey Ferguson® 1 Series round baler delivers efficiency, quality, and operator comfort with straightforward, proven technology and
Aug 17, 2023 02:54 pm ET
AGCO Agriculture Foundation to Donate $100,000 to UK-based Charity, The Country Trust
The AGCO Agriculture Foundation (the “Foundation”), a private foundation with the vision to prevent and relieve hunger through sustainable agriculture development, announced a USD 100,000 grant to
Aug 16, 2023 08:15 am ET
AGCO’s Fendt® and Luke Bryan Collaborate to Harvest Limited-Edition Peanuts and Support the National FFA Organization
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and country music superstar Luke Bryan are preparing a tasty encore after fans went “nuts” for Fendt & Luke Bryan’s Boldly Grown Popcorn last summer.
Aug 03, 2023 10:02 am ET
AGCO Agriculture Foundation to Donate BRL 240,000 to Amigos do Bem institution
The AGCO Agriculture Foundation (the “Foundation”), a private foundation with the vision to prevent and relieve hunger through sustainable agriculture development, will donate BRL 240,000 ($50,000) to
Jul 27, 2023 07:30 am ET
AGCO Reports Second Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported its results for the second quarter ended June 30, 2023. Net sales for the second quarter were approximately $3.8 billion, an increase of approximately 29.8% compared to the second quarter of 2022. Excluding unfavorable foreign currency translation of approximately 0.8%, net sales in the quarter increased approximately 30.6% compared to the second quarter of 2022. Reported net income was $4.26 per share for the second quarter of
Jul 17, 2023 09:52 am ET
AGCO Announces Second-Quarter 2023 Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its second-quarter 2023 earnings release conference call is scheduled for Thursday, July 27 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Jul 12, 2023 05:30 pm ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on September 15, 2023 to all stockholders of record as of the close of business August 15, 2023.
Jun 26, 2023 08:00 am ET
AGCO Welcomes True Ag & Turf Dealership for Expanded Sales and Services to Eastern Nebraska Farmers
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, welcomes True Ag & Turf to its growing dealership network. True Ag’s leadership has reached an agreement in principle to obtain existing Nebraska AGCO dealers Manzer Equipment, Merz Farm Equipment, and We
Jun 23, 2023 10:31 am ET
AGCO to Host Annual Technology Event
AGCO, Your Agriculture Company, (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will conduct a technology event on Wednesday, June 28, 2023. The meeting will include presentations by Eric Hansotia, AGCO’s Chairman, President, and Chief Executive Officer, Kelvin Bennett, Senior Vice President of Engineering and Seth Crawford, Senior Vice President & GM, Precision Ag and Digital. The event will begin at 6:30PM Eastern Time and is expected to conclude by 7:30PM. Investors may register for the e
Jun 09, 2023 12:12 pm ET
AGCO to Present at Wells Fargo 2023 Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the Wells Fargo 2023 Industrials Conference on Wednesday, June 14, 2023. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 1:25 p.m. CT. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 24, 2023 08:35 am ET
AGCO's Jackson, Minnesota, Facility to Become Home of Fendt® in North America with the Fendt Lodge Customer Experience Center
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced today plans to transform its Jackson, MN, customer facility into the home of its Fendt® brand in North America. Upon its grand opening in early 2024, a new customer experience center,
May 23, 2023 01:30 pm ET
AGCO Recognizes Top Performing Suppliers at 2023 Supplier Event at Lanier Islands, GA
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, held its annual North America Supplier Event at Lanier Islands, GA, on April 18-20. Company leaders and critical suppliers conferred on process improvements and recognized one supplier for Partner-Level*
May 19, 2023 09:09 am ET
AGCO to Present at J.P. Morgan’s 2023 Global Technology, Media and Communications Conference
AGCO, Your Agriculture Company, (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in J.P. Morgan’s 2023 Global Technology, Media and Communications Conference on Tuesday, May 23, 2023. The conference will include a fireside chat with Brad Arnold, Senior Vice President and General Manager, Precision AGCO, at 11:30 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 08, 2023 02:37 pm ET
AGCO Provides Update on Its Indiana Dealership Network
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, today announced progress to fulfill its North American distribution strategy in Indiana with full-line sales and service for its Fendt® and Massey Ferguson® brands from three key dea
May 04, 2023 08:40 am ET
AGCO Announces Capital Investment Project at Beloit and Cawker City Facilities in Kansas
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced today a capital improvement project that will increase production capacities for Massey Ferguson® and Fendt® Momentum® planters at its Kansas facilities in Beloi
May 02, 2023 07:15 am ET
AGCO Reports First Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported its results for the first quarter ended March 31, 2023. Net sales for the first quarter were approximately $3.3 billion, an increase of approximately 24.1% compared to the first quarter of 2022. Excluding unfavorable foreign currency translation of approximately 5.4%, net sales in the quarter increased approximately 29.6% compared to the first quarter of 2022. Reported net income was $3.10 per share for the first quarter of 202
Apr 27, 2023 01:00 pm ET
AGCO Enhances Shareholder Returns
AGCO, Your Agriculture Company, (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced that its Board of Directors declared a special variable dividend in the amount of $5.00 per share and also increased the quarterly dividend to $0.29 per outstanding share, up $0.05 from $0.24 per outstanding share paid last quarter.
Apr 25, 2023 12:18 pm ET
AGCO Production Supervisor Wins Women in Manufacturing's 2023 Women MAKE Award
AGCO Corporation, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, today announced Women in Manufacturing, has named Maria Aleman, production supervisor at AGCO’s Hesston, Kansas facility, a recipient of the
Apr 24, 2023 01:37 pm ET
AGCO and Hexagon Agree to Expand Distribution of Hexagon’s Ag Guidance Systems
AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it has signed an agreement with Hexagon, to expand its factory-fit and aftermarket guidance offering. The new guidance system will be sold as Fuse Guide on Massey Ferguson and Valtra tractors.
Apr 18, 2023 10:28 am ET
AGCO Announces First Quarter 2023 Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its First Quarter 2023 Earnings Release Conference Call is scheduled for Tuesday, May 2nd at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Apr 06, 2023 08:30 am ET
AGCO and Bosch BASF Smart Farming Announce Joint Development and Commercialization of Smart Spraying Capabilities
AGCO Corporation announced today that together with Bosch BASF Smart Farming it will integrate and commercialize Smart Spraying technology on Fendt Rogator sprayers, and jointly develop additional, new features.
Mar 28, 2023 01:00 pm ET
AGCO’s 2022 Sustainability Report Shows Solid Progress
AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, today released its 2022 Sustainability Report. The report showcases AGCO’s progress on environmental, social and governance issues as it strives to deliver farmer-focused solutions to sustainably feed our world.
Mar 22, 2023 09:00 am ET
AGCO Agriculture Foundation Awards $50,000 Grant to Providence Farm Collective
The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a USD 50,000 grant to
Mar 20, 2023 08:00 am ET
AGCO to Present at the Bank of America Global Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the Bank of America Global Industrials Conference on Tuesday, March 21, 2023. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 3:40 p.m. GMT. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Mar 01, 2023 01:00 pm ET
AGCO to Present at Morgan Stanley Technology, Media & Telecom Conference
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 6, 2023. The conference will include a fireside chat with Seth Crawford, Senior Vice President and GM Precision Ag and Digital, at 12:55 p.m. PST. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Feb 27, 2023 09:00 am ET
AGCO Donates $650,000 to Support UNICEF’s Emergency Efforts in Türkiye
AGCO Corporation, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, today announced it is donating USD 650,000 to the United Nations Children's Fund (UNICEF) in direct support of its earthquake response in Türkiye. The donation will facilitate the provision of critical supplies and services to children, adolescents, and families affected by the recent earthquakes.
Feb 08, 2023 08:00 am ET
AGCO to Present at Citi's 2023 Global Industrial Tech and Mobility Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in Citi's 2023 Global Industrial Tech and Mobility Conference on Wednesday, February 22, 2023. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer at 10:30 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Feb 07, 2023 07:30 am ET
AGCO Reports Fourth Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of $3.9 billion for the fourth quarter of 2022, an increase of 23.6% compared to the fourth quarter of 2021. Reported net income was $4.29 per share for the fourth quarter of 2022, and adjusted net income(3), which excludes restructuring expenses and a charge related to the divestiture of a Russian joint venture, was $4.47 per share. These results compare to reported net income of $3.75 per share and adjusted net income(3), whic
Jan 20, 2023 08:00 am ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.24 per common share to be paid on March 15, 2023 to all stockholders of record as of the close of business February 15, 2023.
Jan 13, 2023 08:00 am ET
AGCO Announces Fourth Quarter 2022 Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its Fourth Quarter 2022 Earnings Release Conference Call is scheduled for Tuesday, February 7th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Dec 21, 2022 10:00 am ET
AGCO Named One of America’s Most Responsible Companies 2023
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, was named one of America’s Most Responsible Companies for 2023 by Newsweek and Statista.
Dec 13, 2022 08:30 am ET
AGCO Brands Win Ten 2023 AE50 Awards
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, received ten AE50 Awards from the
Dec 05, 2022 08:00 am ET
AGCO to Host Analyst Meeting
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will conduct an analyst meeting in New York City on Friday, December 16, 2022. The meeting will include presentations by Eric Hansotia, Chairman, President, and Chief Executive Officer, Damon Audia, Senior Vice President and Chief Financial Officer, Seth Crawford, Senior Vice President and General Manager, Precision Ag and Digital and Louisa Parker-Smith, Global Head of Sustainability. The briefing will begin at 9:
Nov 28, 2022 02:52 pm ET
AGCO Agriculture Foundation Donates to UK's Biggest Charity Fighting Hunger and Tackling Food Waste
The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a USD 300,000 grant to
Nov 15, 2022 10:40 am ET
AGCO Wins Big at SIMA and EIMA
AGCO Corporation, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announces that three major brands took home major awards at last week's SIMA in Paris, France and EIMA in Bologna, Italy.
Nov 02, 2022 03:00 am ET
AGCO Launches Free Operational Planning Tool for Farmers in Western Europe
AGCO Corporation, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today that it has launched a brand-new online tool called Geo-Bird that will help farmers around the world independently plan and optimize their global navigation satellite system (GNSS) machine guidance lines. After a period of pre-release testing and gathering maximum end-user feedback, this application is now available.
Nov 01, 2022 07:30 am ET
AGCO Reports Record Third Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third quarter ended September 30, 2022. Net sales for the third quarter were approximately $3.1 billion, an increase of approximately 14.5% compared to the third quarter of 2021. Excluding unfavorable foreign currency translation of approximately 11.8%, net sales in the quarter increased approximately 26.3% compared to the third quarter of 2021. Reported net income was $3.18 per share for the third quarter of 2022, and adjusted net income
Oct 27, 2022 12:30 pm ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.24 per common share to be paid on December 15, 2022 to all stockholders of record as of the close of business November 15, 2022.
Oct 20, 2022 08:00 am ET
AGCO Announces Third Quarter 2022 Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its Third Quarter 2022 Earnings Release Conference Call is scheduled for Tuesday, November 1st at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Oct 13, 2022 12:04 pm ET
AGCO Agriculture Foundation and Heifer Netherlands Announce a Two-Year Partnership to Reduce GHG Emissions using Climate-Smart Dairy Farming in Nepal
The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a USD 250,000 grant to
Oct 10, 2022 01:21 pm ET
AGCO Agriculture Foundation Launches a Three-Year Project with Bern University of Applied Sciences
The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a CHF 195,000 donation to Bern University of Applied Sciences (School of Agricultural, Forest and Food Sciences). The donation will support the imple
Sep 21, 2022 08:00 am ET
AGCO to Present at William Blair’s Virtual 2022 What’s Next for Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in William Blair’s Virtual 2022 What’s Next for Industrials Conference on Friday, September 23, 2022. The conference will include a presentation by Seth Crawford, AGCO’s Senior Vice President and GM, Precision Ag and Digital at 10:00 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Sep 09, 2022 08:00 am ET
AGCO to Present at the 2022 Morgan Stanley Laguna Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the 2022 Morgan Stanley Laguna Conference on Thursday, September 15, 2022. The conference will include a fireside chat by Damon Audia, AGCO’s Senior Vice President and Chief Financial Officer and Andy Beck, AGCO's Senior Vice President, Senior Advisor and former Chief Financial Officer at 10:30 a.m. P.T. Investors may listen to a live webcast of the fireside chat by accessing the webcast button in
Aug 23, 2022 10:00 am ET
Universal Technical Institute's Fendt Technician Academy Paves Way For Skilled Trade Students Pursuing Agricultural Careers
Fendt Authorized Dealers Benefit from Certified Trained Technicians
Aug 23, 2022 07:10 am ET
AGCO’s Fendt® and Luke Bryan Collaborate to Harvest Limited-Edition Popcorn and Support the National FFA Organization
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and country music superstar Luke Bryan will introduce on August 25
Aug 09, 2022 12:00 pm ET
AGCO to Present at the 2022 Jefferies Industrial Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the 2022 Jefferies Industrials Conference on Wednesday, August 10, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President, Senior Advisor and former Chief Financial Officer at 1:30 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Jul 28, 2022 07:30 am ET
AGCO Reports Second Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the second quarter ended June 30, 2022. Net sales for the second quarter were approximately $2.9 billion, an increase of approximately 2.3% compared to the second quarter of 2021. Excluding unfavorable currency translation impacts of approximately 7.5%, net sales in the second quarter of 2022 increased approximately 9.8% compared to the second quarter of 2021. Reported net income was $2.37 per share for the second quarter of 2022, and adjusted
Jul 21, 2022 08:00 am ET
AGCO Announces Chief Supply Chain Officer Succession
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that its Board of Directors has appointed Tim Millwood to succeed Hans-Bernd Veltmaat as Senior Vice President and Chief Supply Chain Officer effective August 15, 2022. Mr. Millwood joins AGCO following a more than thirty-year career at Cummins Inc (NYSE: CMI), a global power technology leader, where he most recently served as Vice President, Global Manufacturing.
Jul 13, 2022 12:30 pm ET
AGCO Announces Quarterly Dividend
About AGCO:
Jul 12, 2022 02:26 pm ET
AGCO Wins Red Dot Award: Design Concept 2022
AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, is honored to receive the Red Dot: Best of the Best award in the “Interaction and UX” category with its digital design concept, the AGCO 3D Product Advisor.
Jul 07, 2022 08:00 am ET
AGCO Announces Second Quarter 2022 Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its Second Quarter 2022 Earnings Release Conference Call is scheduled for Thursday, July 28th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Jul 06, 2022 08:30 am ET
Massey Ferguson Celebrates 175th Anniversary
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, proudly celebrates the 175th anniversary of its Massey Ferguson brand. As the first company to sell...
Jun 23, 2022 08:00 am ET
AGCO to Host Sustainable Technology Event
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will conduct a sustainable technology event on Tuesday, June 28, 2022. The meeting will include presentations by Eric Hansotia, AGCO’s Chairman, President, and Chief Executive Officer, Louisa Parker-Smith, AGCO’s Director Global Sustainability, Seth Crawford, AGCO’s Senior Vice President & GM, Precision Ag and Digital and Torsten Dehner AGCO’s Senior Vice President & GM, Fendt / Valtra. The event will begin at 14:15
Jun 16, 2022 08:00 am ET
AGCO Invests in OPTIfarm to Improve Productivity and Animal Welfare
AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, has announced an investment in OPTIfarm, an emerging leader in precision livestock farming.
Jun 15, 2022 08:30 am ET
AGCO’s Gleaner® brand marks 100th anniversary with model year 2023
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, celebrates the centennial anniversary of the Gleaner® brand. The 2023 model year marks 100 years of...
Jun 15, 2022 08:00 am ET
AGCO Announces Chief Financial Officer Succession
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that its Board of Directors has appointed Damon Audia to succeed Andy Beck as Senior Vice President and Chief Financial Officer (CFO) effective July 1, 2022. Mr. Audia joins AGCO from Kennametal Inc. (NYSE: KMT), an industrial technology leader specializing in tooling and wear-resistant solutions, where he served as the CFO since August 2018.
Jun 14, 2022 04:33 pm ET
Massey Ferguson® Produces One-Millionth Tractor
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, celebrates the production of the one-millionth tractor at its Massey Ferguson® Beauvais plant. This...
May 30, 2022 05:17 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AGCO Corporation
NEW YORK, May 30, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AGCO Corporation ("AGCO" or the "Company") (NYSE: AGCO). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
May 25, 2022 08:06 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of AGCO Corporation
Pomerantz LLP is investigating claims on behalf of investors of AGCO Corporation (“AGCO” or the “Company”) (NYSE: AGCO). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The...
May 20, 2022 08:00 am ET
AGCO to Present at the 2022 Stifel Cross Sector Insight Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the 2022 Stifel Cross Sector Insight Conference on Wednesday, June 8, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 4:10 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 19, 2022 08:00 am ET
AGCO to Present at the Morgan Stanley 7th Annual Sustainable Futures Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Morgan Stanley 7th Annual Sustainable Futures Conference on Monday, May 23, 2022. The conference will include a presentation by Louisa Parker-Smith, AGCO's Global Head of Sustainability at 11:00 a.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 16, 2022 04:30 pm ET
AGCO Provides Update on Recovery from Ransomware Cyber Attack
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that the Company’s efforts to restore systems and business operations are continuing successfully following a ransomware cyber attack that was discovered on May 5, 2022. A majority of the affected production sites and parts operations resumed operational activities last week or today. The remainder of the sites are expected to begin operations during the balance of this week, such that all factories and parts operations are operating by the end of t
May 12, 2022 08:00 am ET
AGCO to Present at the 2022 Goldman Sachs Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the 2022 Goldman Sachs Industrials Conference on Thursday, May 12, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:30 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 11, 2022 10:17 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AGCO Corporation
NEW YORK, May 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AGCO Corporation ("AGCO" or the "Company") (NYSE: AGCO). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
May 06, 2022 08:55 am ET
AGCO Announces Ransomware Attack
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today that on May 5, 2022, it was subject to a ransomware attack that has impacted some of its production facilities. AGCO is still investigating the extent of the attack, but it is anticipated that its business operations will be adversely affected for several days and potentially longer to fully resume all services depending upon how quickly the Company is able to repair its systems. The Company will provide updates as the situation progresses.
May 05, 2022 10:00 am ET
AGCO Agriculture Foundation Donates to Farmer-Focused Initiative "BORSCH" in Ukraine
The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a $50,000 donation to an initiative called "BORSCH" implemented by the Land Club, a non-profit organization in Ukraine. The donation will help "BORSC
May 03, 2022 07:30 am ET
AGCO Reports First Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the first quarter ended March 31, 2022. Net sales for the first quarter were approximately $2.7 billion, an increase of approximately 12.9% compared to the first quarter of 2021. Excluding unfavorable currency translation impacts of approximately 5.0%, net sales in the first quarter of 2022 increased approximately 17.9% compared to the first quarter of 2021. Reported net income was $2.03 per share for the first quarter of 2022, and adjusted net
May 02, 2022 05:30 pm ET
AGCO to Present at the 2022 Wells Fargo Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the 2022 Wells Fargo Industrials Conference on Thursday, May 5, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:40 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 02, 2022 02:00 pm ET
AGCO Acquires JCA Industries
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced it has acquired JCA Industries, Inc. (“JCA”), d/b/a JCA Technologies, a leader in the development of autonomous software for agricultural machines, implement controls and electronic system components.
Apr 29, 2022 10:35 am ET
AGCO Leader Wins Women in Manufacturing’s STEP Ahead Award
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, announces that Chunju Liu of Changzhou, China has received a 2022 STEP (Science, Technology, Engineering, and Producti
Apr 28, 2022 12:30 pm ET
AGCO Announces Dividend Actions
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, today announced that its Board of Directors declared a variable special dividend in the amount of $4.50 per share, payable on June 21, 2022 to shareholders of record at the close of business on May 20, 2022. The Company also increased the quarterly dividend to $0.24 per outstanding share, up $0.04 from $0.20 per outstanding share paid last quarter. Payment will be made on June 15, 2022 to all stockholders of record as of the close of business on May 16, 2022.
Apr 15, 2022 08:00 am ET
AGCO Announces 2022 First Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today its 2022 First Quarter Earnings Release Conference Call is scheduled for Tuesday, May 3rd at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Mar 30, 2022 12:10 pm ET
AGCO Releases 2021 Sustainability Report
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, this week released its 2021 Sustainability Report.
Mar 25, 2022 09:31 am ET
Thinking about trading options or stock in Apple, AGCO Corp, Intel Corp, Schnitzer Steel, or Arista Networks?
NEW YORK, March 25, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, AGCO, INTC, SCHN, and ANET.
Mar 16, 2022 08:00 am ET
AGCO Appoints David Sagehorn to Its Board of Directors
AGCO, Your Agriculture Company, (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today the election of David Sagehorn to its Board of Directors effective March 15, 2022. “We are pleased to have Dave join our Board,” said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. “His wealth of knowledge, financial expertise and his extensive experience in a company that produces technology-rich vehicles will be invaluable as we continue to evolve AGCO’s smart solutions for our farmer customers. He wil
Mar 07, 2022 06:00 am ET
AGCO Agriculture Foundation Donates to Ukraine Emergency Relief
The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a $100,000 donation to the World Food Program USA (WFPUSA). The donation will support the United Nations World Food Programme (WFP) emergency relief
Feb 21, 2022 10:22 am ET
AGCO Agriculture Foundation Launches New Grant Application
The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced the launch of its new grant application cycle on the theme of “Climate Action Within the Context of Agriculture” for non-profit organizations with gr
Feb 21, 2022 09:00 am ET
AGCO Agriculture Foundation Launches New Grant Application
The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced the launch of its new grant application cycle on the theme of “Climate Action Within the Context of Agriculture” for non-profit organizations with gr
Feb 16, 2022 08:00 am ET
Massey Ferguson S Series Offers Straightforward Dependability with Next Level Comfort and Performance
AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, ushered in a new era of straightforward dependability and farmer-focused technology with the North...
Feb 08, 2022 08:31 am ET
Thinking about trading options or stock in AGCO Corp, Apple, GameStop, Meta Platforms, or Bank of America?
NEW YORK, Feb. 8, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AGCO, AAPL, GME, FB, and BAC.
Feb 08, 2022 07:30 am ET
AGCO Reports Fourth Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of approximately $3.2 billion for the fourth quarter of 2021, an increase of approximately 16.1% compared to the fourth quarter of 2020. Reported net income was $3.75 per share for the fourth quarter of 2021, and adjusted net income(3), which excludes restructuring expenses and the reversal of a valuation allowance previously established against the Company’s deferred tax assets in Brazil, was $3.08 per share. These results compare to repo
Feb 07, 2022 10:16 am ET
Hesston by Massey Ferguson Launches New Self-Propelled Windrower
AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, introduced today a new self-propelled windrower from Hesston by Massey Ferguson® that provides hay...
Jan 20, 2022 12:30 pm ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.20 per common share to be paid on March 15, 2022 to all stockholders of record as of the close of business February 15, 2022.
Jan 07, 2022 08:00 am ET
AGCO Announces 2021 Fourth Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today its 2021 Fourth Quarter Earnings Release Conference Call is scheduled for Tuesday, February 8th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Dec 21, 2021 05:00 pm ET
AGCO Agrees to Acquire Appareo Systems
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced an agreement to acquire Appareo Systems, LLC (“Appareo”), a leader in software engineering, hardware development and electronic manufacturing. The acquisition is expected to close in January 2022.
Dec 16, 2021 08:00 am ET
AGCO Invests in Greeneye Technology, an Innovator in Smart Farming Solutions for Precision Spraying
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, has announced a 2.9% equity investment in Greeneye Technology, an emerging leader in precision spraying technology.
Dec 14, 2021 08:00 am ET
AGCO Invests in Apex.AI, a Developer of Safety-Certified Software for Mobility and Autonomous Applications
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced that it has made a 2.53% equity investment in Apex.AI, an emerging leader in safety-certified software for mobility and driverless vehicles.
Dec 08, 2021 08:41 am ET
AGCO Announces a New Straightforward & Dependable Brand Identity Celebrating 175 years of Massey Ferguson History
Massey Ferguson®, a worldwide brand of AGCO (NYSE:AGCO), is excited to announce a fresh new look for its iconic MF Triple Triangle® logo and its new “Born to Farm” brand identity to celebrate its 175 year anniversary in 2022. “Massey Ferguson has...
Dec 02, 2021 08:00 am ET
AGCO Names Burke Stampede Rodeo Committee 2021 Sowing Good Deeds Winner
AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced Burke Stampede Rodeo Committee its 2021 Sowing Good Deeds award winner. The award recognizes...
Nov 30, 2021 09:00 am ET
AGCO Agriculture Foundation and MANRRS Announce a Three-Year Partnership to Advance Minority Representation in the Agricultural Industry
The AGCO Agriculture Foundation (AAF), a private foundation committed to ending hunger through sustainable agricultural development, today announced a three-year partnership with Minorities in Agriculture, Natural Resources, and Related Sciences (MANRRS) to increase student representation from underrepresented backgrounds and to promote the agriculture industry as an admirable and sound career choice.
Nov 05, 2021 11:47 am ET
Two AGCO Leaders Named Women in Manufacturing’s STEP Ahead Award Honorees
AGCO Corporation, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announces that two AGCO employees received 2021 STEP (Science, Technology, Engineeri
Nov 01, 2021 08:00 am ET
AGCO Announces 2021 Sowing Good Deeds Finalists
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, named Gunnison Cattlemen’s Days, Burke Stampede, Prescott Frontier Days, Pendleton Round Up and Reno...
Oct 29, 2021 08:00 am ET
AGCO to Present at Bernstein’s 2nd Annual Virtual Operational Decisions Conference
AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today that it will participate in Bernstein’s 2nd Annual Virtual Operational Decisions Conference on November 3, 2021. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:00 a.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Oct 28, 2021 07:30 am ET
AGCO Reports Third Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third quarter ended September 30, 2021. Net sales for the third quarter were approximately $2.7 billion, an increase of approximately 9.1% compared to the third quarter of 2020. Excluding favorable currency translation impacts of approximately 1.6%, net sales in the third quarter of 2021 increased approximately 7.5% compared to the third quarter of 2020. Reported net income was $2.40 per share for the third quarter of 2021, and adjusted net
Oct 21, 2021 12:30 pm ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.20 per common share to be paid on December 15, 2021 to all stockholders of record as of the close of business November 15, 2021.
Oct 21, 2021 12:00 pm ET
AGCO Appoints Niels Pörksen to Its Board of Directors
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today the election of Niels Pörksen to its Board of Directors effective October 21, 2021. “We are delighted to have Niels join our Board,” said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. “His European experience and wealth of knowledge in the global agricultural industry will be invaluable as we continue to evolve AGCO’s smart solutions for our farmer customers. He will provide an important perspective and contribution to ou
Oct 11, 2021 08:00 am ET
AGCO Announces 2021 Third Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today its 2021 Third Quarter Earnings Release Conference Call is scheduled for Thursday, October 28th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Sep 29, 2021 05:00 pm ET
AGCO Announces Pricing of 0.800% Senior Euro-Denominated Notes due 2028
AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today that it has priced an offering of €600,000,000 aggregate principal amount of its 0.800% unsecured notes due 2028 (the "Notes") issued by AGCO International Holdings, B.V., a Netherlands subsidiary of AGCO Corporation. The Notes will be fully and unconditionally guaranteed by AGCO Corporation. The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and cannot be offered or sold in the United States absent r
Sep 13, 2021 08:30 am ET
AGCO Acquires Faromatics, a Precision Livestock Farming Company
AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced that it has acquired Farm Robotics and Automation S.L. (“Faromatics”), a precision livestock farming company.
Sep 07, 2021 08:00 am ET
AGCO to Present at the Morgan Stanley Virtual 9th Annual Laguna Conference
AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today that it will participate in the Morgan Stanley Virtual 9th Annual Laguna Conference on September 13, 2021. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 2:15 p.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Jul 30, 2021 09:00 am ET
AGCO to Present at the 2021 Jefferies Virtual Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the 2021 Jefferies Virtual Industrials Conference on August 3, 2021. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 11:30 a.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Jul 29, 2021 07:30 am ET
AGCO Reports Second Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the second quarter ended June 30, 2021. Net sales for the second quarter were approximately $2.9 billion, an increase of approximately 43.5% compared to the second quarter of 2020. Reported net income was $3.73 per share for the second quarter of 2021, and adjusted net income(3), which excludes restructuring expenses and the reversal of a valuation allowance previously established against the Company’s deferred tax assets in the Unit
Jul 15, 2021 08:16 am ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.20 per common share to be paid on September 15, 2021 to all stockholders of record as of the close of business August 16, 2021.
Jul 08, 2021 08:00 am ET
AGCO Announces 2021 Second Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2021 Second Quarter Earnings Release Conference Call is scheduled for Thursday, July 29th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Jun 01, 2021 08:00 am ET
AGCO to Present at the Morgan Stanley 6th Annual Sustainable Futures Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Morgan Stanley 6th Annual Sustainable Futures Conference on Thursday, June 10, 2021. The conference will include a presentation by Louisa Parker-Smith, AGCO's Global Head of Sustainability at 8:00 a.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 28, 2021 08:00 am ET
AGCO Enters into Targeted Spraying Technology Collaboration Agreement With Bosch, xarvio Digital Farming Solutions Powered by BASF and Raven Industries Inc.
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced it has entered into a proof of concept (PoC) collaboration agreement with Robert Bosch GmbH, BASF Digital Farming and Raven Industries Inc. (NASDAQ:RAVN), with the objective of evaluating targeted spraying
May 24, 2021 09:33 am ET
AGCO Names Ivory Harris Senior Vice President, Chief Human Resources Officer
AGCO, Your Agriculture Company, (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural machinery and prevision ag technology, announced that Ivory Harris is named Senior Vice President, Chief Human Resources Officer effective today. Ivory assumes responsibility for all global human resources activities and will be focused on leading and developing a high-impact talent strategy that helps AGCO achieve its farmer-first strategy.
May 20, 2021 08:00 am ET
AGCO to Present at the Stifel 2021 Virtual Cross Sector Insight Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Stifel 2021 Virtual Cross Sector Insight Conference on June 8, 2021. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:00 a.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 17, 2021 08:00 am ET
AGCO Agriculture Foundation Presents Second Annual Award and $50,000 Grant to Global Animal Partnership
G.A.P. is one of the largest animal welfare standards and labeling organizations in North America, and its multi-level standards impact the welfare of over 416 million farm animals on more than 3,900 farms, taking into consideration each animal’s health and productivity, natural living environment and emotional well-being.
May 03, 2021 03:00 pm ET
AGCO to Present at the 2021 VIRTUAL Wells Fargo Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the 2021 VIRTUAL Wells Fargo Industrials Conference on May 6, 2021. The conference will include a presentation by Seth Crawford, AGCO's Senior Vice President, Precision Ag and Digital at 2:00 p.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Apr 29, 2021 07:30 am ET
AGCO Reports First Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the first quarter ended March 31, 2021. Net sales for the first quarter were approximately $2.4 billion, an increase of approximately 23.4% compared to the first quarter of 2020. Reported net income was $1.99 per share for the first quarter of 2021, and adjusted net income(3), which excludes restructuring expenses, was $2.00 per share. These results compare to reported net income of $0.85 per share, and adjusted net income, excluding
Apr 27, 2021 08:00 am ET
AGCO to Present at the 2021 Virtual Oppenheimer Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Virtual Oppenheimer Industrials Conference on May 5, 2021. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 12:45 p.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Apr 22, 2021 05:30 pm ET
AGCO Announces New Capital Allocation Framework
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today that it is implementing a new capital return framework to enhance the Company’s ability to return cash to shareholders across a variety of market conditions. The new capital return strategy will include AGCO’s regular quarterly dividend payments, share repurchases and an annual variable special dividend to return excess cash. As part of this framework, AGCO’s Board of Directors has increased its quarterly dividend by 25%, from $0.16 per share to $0.20 per share. At th
Apr 06, 2021 09:00 am ET
AGCO Announces 2021 First Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2021 First Quarter Earnings Release Conference Call is scheduled for Thursday, April 29th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Mar 24, 2021 08:00 am ET
AGCO Releases 2020 Sustainability Report
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, Monday released its 2020 Sustainability Report https://ar2020.agcocorp.com/sustainability/. Included in the report is a range of goals and commitments, such as
Mar 12, 2021 07:30 am ET
AGCO to Present at the Virtual BofA Global Research Global Industrials Conference 2021
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Virtual BofA Global Research Global Industrials Conference 2021 on Thursday, March 18, 2021. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:00 a.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Mar 03, 2021 11:50 am ET
AGCO Announces Farmer-First Strategy
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced its farmer-first strategy designed to maximize value creation for its key stakeholders.
Feb 19, 2021 10:56 am ET
AGCO Comments on Recent Schedule 13D/A Filing by Tractors and Farm Equipment Limited
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, today commented in response to Tractors and Farm Equipment Limited’s (“TAFE”) recent Schedule 13D/A filing with the Securities and Exchange Commission. TAFE is a commercial partner of the Company and shareholder, whose Chairman and Managing Director, Ms. Srinivasan, serves as a non-independent director on the Company’s Board of Directors. TAFE’s Schedule 13D/A filing contains a letter to the Board making a number of misleading statements about the Company’s business, on
Feb 15, 2021 08:00 am ET
AGCO to Host Analyst Meeting
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced today that it will conduct a virtual analyst briefing on Wednesday, March 3, 2021. The meeting will include presentations by Eric Hansotia, AGCO’s Chairman, President and Chief Executive Officer, Andy Beck, AGCO's Senior Vice President and Chief Financial Officer and Seth Crawford, AGCO’s Senior Vice President, Precision Ag and Digital. The briefing will begin at 8:30 a.m. E.S.T. and is expected to conclude by 10:30 a.m. Investors may register for the event by
Feb 04, 2021 07:30 am ET
AGCO Reports Fourth Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of approximately $2.7 billion for the fourth quarter of 2020, an increase of approximately 8.1% compared to the fourth quarter of 2019. Reported net income was $1.78 per share for the fourth quarter of 2020, and adjusted net income(3), which excludes restructuring expenses and a gain on sale of an investment, was $1.54 per share. These results compare to reported net loss of $1.17 per share and adjusted net income, which excludes non-cash
Feb 03, 2021 07:18 am ET
Universal Technical Institute Announces First Agricultural Manufacturer Training Program with AGCO
PHOENIX, Feb. 3, 2021 /PRNewswire/ -- Universal Technical Institute (NYSE: UTI), the nation's leading provider of trained technicians to the transportation industry, announced its first-ever agricultural manufacturing training program with AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions. The Fendt® Technician Academy will launch at UTI's Lisle, Illinois campus, outside of Chicago, in Fall 2021.
Jan 26, 2021 03:42 pm ET
AGCO Appoints Matthew Tsien to Its Board of Directors
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today the election of Matthew Tsien to its Board of Directors effective January 22, 2021. “We are delighted to have Matthew join our Board,” said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. “His wealth of knowledge and experience with technology and product development will be invaluable as we continue to evolve AGCO’s smart solutions for our farmer customers. He will provide an important perspective and contribution to our board.”
Jan 25, 2021 04:20 pm ET
AGCO Announces Organizational Update
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, today announced intended changes and recent additions to its senior leadership team to further increase customer focus and strengthen investment in precision agriculture and digital solutions to maximize stakeholder value.
Jan 21, 2021 11:33 am ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.16 per common share to be paid on March 15, 2021 to all stockholders of record as of the close of business February 16, 2021.
Jan 18, 2021 09:00 am ET
AGCO Announces 2020 Fourth Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2020 Fourth Quarter Earnings Release Conference Call is scheduled for Thursday, February 4th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Jan 14, 2021 05:08 pm ET
AGCO Sponsors Georgia Ag Experience
AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, announced today its sponsorship of the Georgia Foundation for Agriculture’s Georgia Ag Experience mobile classroom....
Jan 14, 2021 01:58 pm ET
Virginia Producer Earns Top Award in 2020 Southeastern Hay Contest
Brian Johnson, a McKenney, Va., livestock and hay producer, was the grand prize winner of the 2020 Southeastern Hay Contest (SEHC) presented by Massey Ferguson® – the exclusive equipment provider. As the grand prize winner with the overall highest...
Dec 14, 2020 08:00 am ET
AGCO Appoints Bob De Lange to Board of Directors
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today the election of Bob De Lange to its Board of Directors effective January 1, 2021. “We are delighted to have Bob join our Board of Directors,” said Martin Richenhagen, Chairman, President and CEO of AGCO Corporation. “He brings extensive digitalization and distribution experience, while having leadership roles in the U.S and internationally. His experience will provide an important perspective and contribution to our board.”
Dec 01, 2020 09:00 am ET
AGCO to Present at the Credit Suisse Virtual Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Credit Suisse Virtual Industrials Conference on Friday, December 4, 2020. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 12:30 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Nov 13, 2020 03:07 pm ET
AGCO to Present at the Bernstein Operational Decisions Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Bernstein Operational Decisions Conference on Monday, November 16, 2020. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 1:30 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Nov 03, 2020 07:30 am ET
AGCO Reports Third Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third quarter ended September 30, 2020. Net sales for the third quarter were approximately $2.5 billion, an increase of approximately 18.4% compared to the third quarter of 2019. Reported and adjusted net income was $2.09 per share for the third quarter of 2020. These results compare to reported net income of $0.10 per share, and adjusted net income, excluding a non-cash deferred income tax adjustment and restructuring expenses, of $0.82 pe
Oct 29, 2020 09:15 am ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.16 per common share to be paid on December 15, 2020 to all stockholders of record as of the close of business November 16, 2020.
Oct 13, 2020 08:19 am ET
AGCO Announces Chief Communication Officer Transition
AGCO, a worldwide manufacturer and distributor of agricultural equipment and solutions (NYSE:AGCO), today announced that Chief Communication Officer Ulrich Stockheim has chosen to pursue business interests outside of AGCO effective December 31, 2020.
Oct 09, 2020 07:30 am ET
AGCO Announces 2020 Third Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2020 Third Quarter Earnings Release Conference Call is scheduled for Tuesday, November 3rd at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Sep 14, 2020 08:00 am ET
AGCO to Present at the Morgan Stanley Virtual 8th Annual Laguna Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Morgan Stanley Virtual 8th Annual Laguna Conference on Thursday, September 17, 2020. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 1:30 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Sep 11, 2020 08:00 am ET
AGCO to Present at RBC Capital Markets Global Industrials Virtual Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the RBC Capital Markets Global Industrials Virtual Conference on Tuesday, September 15, 2020. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 2:20 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Aug 20, 2020 10:32 am ET
AGCO Announces Chairman and CEO Succession
AGCO, a worldwide manufacturer and distributor of agricultural equipment and solutions (NYSE:AGCO), today announced that Martin Richenhagen has chosen to retire as Chairman, President and Chief Executive Officer on December 31, 2020. The Company further announced that its Board of Directors has appointed Eric Hansotia, currently AGCO’s Senior Vice President and Chief Operating Officer, to succeed Mr. Richenhagen as Chairman, President and Chief Executive Officer effective January 1, 2021. In addition, Mr. Hansotia has been elected to the Board of Directors, effective immediately.
Jul 31, 2020 02:30 pm ET
AGCO to Present at Jefferies Virtual Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in Jefferies Virtual Industrials Conference on Wednesday, August 5, 2020. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 9:45 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Jul 30, 2020 07:30 am ET
AGCO Reports Second Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the second quarter ended June 30, 2020. Net sales for the second quarter were approximately $2.0 billion, a decrease of approximately 17.2% compared to the second quarter of 2019. Reported net income was $0.93 per share for the second quarter of 2020 and adjusted net income, excluding a non-cash impairment charge and restructuring expenses, was $1.11 per share. These results compare to reported and adjusted net income of $1.82 per share for the
Jul 09, 2020 09:55 am ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.16 per common share to be paid on September 15, 2020 to all stockholders of record as of the close of business August 14, 2020.
Jul 08, 2020 08:00 am ET
AGCO Announces 2020 Second Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2020 Second Quarter Earnings Release Conference Call is scheduled for Thursday, July 30th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Jun 01, 2020 01:00 pm ET
AGCO to Present at Stifel’s 2020 Cross Sector Insight Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Stifel 2020 Cross Sector Insight Conference on Monday, June 8, 2020. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:00 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
May 21, 2020 09:00 am ET
AGCO Agriculture Foundation Launches COVID-19 Aid Program with $100,000 Donation to the World Food Program USA
The AGCO Agriculture Foundation (AAF), a private foundation committed to ending hunger through sustainable agricultural development, today announced the launch of its COVID-19 Aid Program with a $100,000 grant to the World Food Program USA (WFP USA) in support of the United Nations World Food Programme’s (WFP) COVID-19 emergency response.
May 11, 2020 08:00 am ET
AGCO Recasts Vision to Underscore Its Commitment to Providing Sustainable High-Tech Solutions
AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, today announced it is highlighting its commitment to bringing farmers sustainable high-tech solutions by relaunching its vision.
May 05, 2020 07:30 am ET
AGCO Reports First Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the first quarter ended March 31, 2020. “AGCO delivered solid results for the first quarter under challenging conditions,” stated Martin Richenhagen, AGCO’s Chairman, President and Chief Executive Officer. “AGCO’s current priorities are the safety of our employees and serving the world’s farmers as we do our part to minimize the impact of the COVID-19 pandemic on the world’s food supply. We are facing a very dynamic environment requiring rigoro
Apr 30, 2020 03:24 pm ET
AGCO Appoints Wolfgang Kirsch to its Board of Directors
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, today announced it has appointed Wolfgang Kirsch, retired Chief Executive Officer of DZ BANK AG, to its Board of Directors effective immediately. Mr. Kirsch will serve on the Audit and Finance committees.
Apr 30, 2020 12:56 pm ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.16 per common share to be paid on June 15, 2020 to all stockholders of record as of the close of business May 15, 2020.
Apr 21, 2020 08:00 am ET
AGCO Announces 2020 First Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2020 First Quarter Earnings Release Conference Call is scheduled for Tuesday, May 5th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Mar 23, 2020 08:25 am ET
AGCO Provides Update on Impact of COVID-19
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, provided the following information about the impacts of the COVID-19 virus on the Company.
Feb 19, 2020 11:41 am ET
AGCO to Present at Citi’s 2020 Global Industrials Conference
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in Citi’s 2020 Global Industrials Conference on Thursday, February 20, 2020. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 2:00 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at
Feb 06, 2020 07:30 am ET
AGCO Reports Fourth Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of approximately $2.5 billion for the fourth quarter of 2019, a decrease of approximately 3.0% compared to the fourth quarter of 2018. Reported net loss was $1.17 per share for the fourth quarter of 2019, and adjusted net income(3), excluding non-cash impairment charges, restructuring expenses and a tax gain, was $0.94 per share. These results compare to reported net income of $1.26 per share and adjusted net income, excluding restructurin
Jan 23, 2020 01:50 pm ET
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.16 per common share to be paid on March 16, 2020 to all stockholders of record as of the close of business February 14, 2020.
Jan 10, 2020 01:00 pm ET
AGCO Announces 2019 Fourth Quarter Earnings Release and Conference Call
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today its 2019 Fourth Quarter Earnings Release Conference Call is scheduled for Thursday, February 6th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at
Dec 02, 2019 07:50 pm ET
AGCO to Host Analyst Meeting
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will conduct an analyst briefing in New York City on Friday, December 13, 2019. The meeting will include presentations by Martin Richenhagen, AGCO’s Chairman, President, and Chief Executive Officer, Andy Beck, AGCO's Senior Vice President and Chief Financial Officer and Eric Hansotia, AGCO’s Senior Vice President and Chief Operating Officer. The briefing will begin at 8:30 a.m. E.S.T. and is expected to conclude by 10:30 a.m. Investors may
Oct 29, 2019 07:30 am ET
AGCO Reports Third Quarter Results
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of approximately $2.1 billion for the third quarter of 2019, a decrease of approximately 4.8% compared to the third quarter of 2018. Reported net income was $0.10 per share for the third quarter of 2019 and adjusted net income, excluding a non-cash deferred income tax adjustment and restructuring expenses, was $0.82 per share. These results compare to a reported net income of $0.89 per share and adjusted net income, excluding restructuring expenses,
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