AGCO Corporation (AGCO) is a manufacturer and distributor of agricultural equipment and related replacement parts worldwide. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment and implements, and a line of diesel engines. AGCO+IBk-s products are marketed under a number of brands, including Challenger, Fendt, Massey Ferguson and Valtra. The Company operates through four segments: North America; South America; Europe/Africa/Middle East, and Rest of World. The Rest of World reportable segment includes the regions of Eastern Europe, Asia, Australia and New Zealand. On December 15, 2010, AGCO acquired Sparex Holding Ltd, (Sparex). On January 3, 2011, the Company acquired 50% of AGCO-Amity JV, LLC (AGCO-Amity JV). In December 2011, it acquired GSI Holdings Corp.
Financial Summary - Last Updated 05/07/11
BRIEF: For the three months ended 31 March 2011, AGCO Corporation's revenues increased 35% to $1.8B. Net income totaled $80M up from $10.1M. Revenues reflect a increase in sales from South America & Rest of World segments. Net income also reflects an increase in gross profit margins, a decrease in restructuring & other infrequent expenses, fall in amortization of intangibles and lower interest expense, net.
Previous Two SEC Filings
Fiscal Dt
Fiscal Year
Q
First Updated
Is Final
09/30/11
2011
3
10/25/11
Yes
06/30/11
2011
2
07/28/11
Yes
Pricing Data
52 Week Change
+3.04%
52 Week Change Relative to SP500
+0.44%
52 Week High
$59.81
Last Close
$52.84
52 Week Low
$30.11
Temperature gauge indicates the proximity of the Close price to the 52Wk High
vs. the 52Wk Low. 100% indicates a new high, and 0% a new low.
