John Deere says earnings are up for both the fourth quarter and the year. The company released its report Wednesday, showing 4th quarter earnings up 54% and net sales of 8.3 billion dollars, up 18%.
John Deere’s Ag and Turf division saw fourth-quarter sales rise 3% and total 2018 sales up 15%. CEO Samuel Allen says the replacement cycle for farm machinery is very much alive, despite tensions over global trade and other geopolitical issues.
Continue reading Deere reports profitable 4th quarter & year at Brownfield Ag News.
