AGCO (AGCO)

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AGCO (AGCO) - 2024 Q4 - Annual Results
2025-02-06 13:56
VP, Investor Relations VP, Chief Communications Officer greg.peterson@agcocorp.com rachel.potts@agcocorp.com AGCO REPORTS FOURTH QUARTER AND 2024 FULL YEAR RESULTS DULUTH, GA – February 6 – AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $2.9 billion for the fourth quarter of 2024, a decrease of 24.0% compared to the fourth quarter of 2023. Reported net loss was $(3.42) per share for the quarter, whic ...
AGCO REPORTS FOURTH QUARTER AND 2024 FULL YEAR RESULTS
Prnewswire· 2025-02-06 12:30
Net sales of $11.7 billion, down 19.1%, in 2024 Full year reported operating margin of (1.0)% and adjusted operating margin(1) of 8.9% 2024 full year reported earnings per share of $(5.69) and adjusted earnings per share(1) of $7.50 Reaffirms 2025 Outlook – Net sales of approximately $9.6 billion and earnings per share of $4.00 - $4.50DULUTH, Ga., Feb. 6, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology ...
AGCO to Exhibit New Solutions and AE50 Award Winners at World Ag Expo and National Farm Machinery Show
Prnewswire· 2025-02-05 17:05
Fendt, Massey Ferguson and PTx to showcase Farmer-Focused innovations at February trade shows in California and Kentucky.DULUTH, Ga., Feb. 5, 2025 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will exhibit solutions from across its Fendt®, Massey Ferguson® and PTx™ brands in February at the 2025 World Ag Expo in Tulare, California, and the National Farm Machinery Show in Louisville, Kentucky. ...
Analysts Estimate Agco (AGCO) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-01-30 16:07
The market expects Agco (AGCO) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Feb ...
AGCO immediately suspends liquor licence of Ottawa's Savanna Lounge after guns found on site
GlobeNewswire News Room· 2025-01-21 17:49
TORONTO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has issued a Notice of Proposal to revoke the liquor sales licence for Savanna Lounge at 145 Besserer Street in Ottawa. As a result of the licensee’s conduct and ongoing public safety concerns, the Registrar has also ordered an immediate suspension of their licence. At approximately 3:00 a.m. on January 12, 2025, inspectors with the AGCO and officers with the Ottawa Police Service attended the licensed premises. ...
AGCO moves to suspend liquor licence of Toronto's Mister Wolf night club after intoxicated patron discovered dead
GlobeNewswire News Room· 2025-01-15 18:00
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has issued a Notice of Proposal (NOP) for a 60-day liquor sales licence suspension of Mister Wolf at 567 Queen Street West in Toronto, Ontario. Following a review, the AGCO has reason to believe the licence holder contravened the Liquor Licence and Control Act, 2019 (LLCA) and its Regulations after a 19-year-old patron was discovered dead inside the establishment. The AGCO’s review established that on Saturday, Ma ...
AGCO ANNOUNCES FOURTH-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2025-01-10 14:00
DULUTH, Ga., Jan. 10, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its fourth-quarter 2024 earnings release conference call is scheduled for Thursday, 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 www.agcocorp.com under the "Investors" section.The webcas ...
AGCO Brands Win Five 2025 AE50 Awards
Prnewswire· 2025-01-07 15:00
New farmer-focused solutions from AGCO Parts, Fendt, Precision Planting and PTx Trimble recognized for innovation and engineering excellence.DULUTH, Ga., Jan. 7, 2025 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, won five 2025 AE50 awards from the American Society of Agricultural and Biological Engineers (ASABE). Each year, ASABE recognizes products from the agricultural, food and biological i ...
AGCO Raises Long-Term Financial Targets, Provides 2025 Outlook at 2024 Analyst Meeting
Prnewswire· 2024-12-19 17:05
Farmer-First Strategy Delivering Value for Farmers and Generating Higher Through-the-Cycle Returns for Shareholders NEW YORK, Dec. 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced new financial targets to investors at its 2024 Analyst Meeting as it remains focused on driving enhanced durability and profitability through the cycle. By 2029, AGCO is targeting to: Improve adjuste ...
AGCO Issues 7-Day Suspension Notice to Montrose Cannabis in Pickering
GlobeNewswire News Room· 2024-12-19 14:39
TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) has issued a Notice of Proposal to suspend the Cannabis Retail Store Authorization for 12473291 Canada Inc., operating as Montrose Cannabis in Pickering, Ontario. The seven-day suspension has been proposed following AGCO inspections that revealed significant breaches of the Cannabis Licence Act, 2018 (CLA) and its regulations. In May, AGCO inspectors attended the retail store located at 1755 Pickering Parkway and ...