February 19, 2015
John Deere’s forestry equipment sales up 13%
For the first quarter ended January 31, worldwide net sales of John Deere registered a 17 percent decline, down to US $6.383 billion, compared with $7.654 billion last year. Deere's net sales of the equipment operations were $5.605 billion for the quarter compared with $6.949 billion a year ago. The decline in sales was due to sluggish conditions in the global farm sector, which reduced demand for agricultural machinery, particularly larger models, and led to lower sales and income. However, John Deere's construction and ...
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