Core Insights - Deere & Company has launched its H Series Forestry machines, featuring industry-first innovations such as enhanced hydraulic systems and advanced automation, aimed at improving productivity, fuel savings, and jobsite performance [1][7] Product Innovations - The H Series includes the 1270H and 1470H Harvesters and 2010H and 2510H Forwarders, which offer improved engine power, faster cycle times, and enhanced cutting efficiency compared to the G Series [2] - The advanced hydraulic systems in the H Series feature three dedicated pumps, providing greater power for various operations, crucial for challenging forestry environments [2] - Deere has also updated its backhoe lineup with an industry-first rear camera system and a redesigned cab, enhancing its Construction & Forestry segment, which contributes nearly 29% to its equipment revenues [3] Competitive Landscape - CNH Industrial has unveiled a strategic business plan focusing on AI capabilities to enhance user experience and plans to invest in new product launches and digital technologies [4] - Komatsu's forestry machinery emphasizes durability and productivity, utilizing ICT to optimize operations and address labor shortages [5] Financial Performance - Deere's shares have increased by 21.2% this year, outperforming the industry growth of 19.7% and the S&P 500's 4.4% [6] - The current forward 12-month P/E ratio for Deere is 24.49X, higher than the industry average of 22.95X, indicating that the stock may not be a compelling value proposition [8] Earnings Estimates - The Zacks Consensus Estimate for Deere's fiscal 2025 earnings is $18.82 per share, reflecting a year-over-year decline of 26.54%, while the 2026 estimate suggests a growth of 17.13% [9][10]

Core Insights - CNH presented its Strategic Business Plan (SBP) at the Investor Day 2025, outlining a clear path for growth and cost efficiency [2][3] - The company aims to consolidate its position as a leading player in agriculture and construction markets while targeting significant margin improvements [4][12] Group 1: Strategic Goals - CNH aims to be the 1 or 2 player in all major markets during the plan period [4][12] - The company targets a 16-17% mid-cycle adjusted EBIT margin in Agriculture by 2030 [10][12] - For the Construction segment, CNH is targeting a 7-8% mid-cycle adjusted EBIT margin by 2030 [14] Group 2: Product Development and Technology - CNH will enhance product leadership through new launches and updates across its agricultural equipment lineup, including a full refresh of tractors and advanced combine harvesters [5][6] - The integration of Precision Tech, including AI capabilities and agronomic sensors, will be a key focus, with expectations that Precision Tech sales will nearly double as a percentage of total Agriculture Net Sales by 2030 [7][12] Group 3: Market Strategy - A new go-to-market strategy will focus on an integrated dealer network and brand strategy to improve customer engagement and service [8][9] - The company plans to invest approximately 100 basis points of annual margin over the next five years in growth-oriented dealers [9] Group 4: Operational Efficiency - CNH is committed to delivering over $550 million in operational and quality cost improvements by 2030 to support margin expansion [13][12] - The company will focus on operational efficiencies through strategic sourcing, plant efficiencies, and enhanced product reliability [13] Group 5: Shareholder Returns - CNH plans to increase through-cycle Industrial cash generation by 25% and return substantially all Industrial Free Cash Flow to shareholders through dividends and share buybacks [18][17]

CNH’s new Strategic Business Plan set to enhance product leadership and expand margins CNH’s new Strategic Business Plan will:  Consolidate its position as the #1 or #2 player in all major marketsTarget a 16-17% Agriculture mid-cycle adjusted EBIT margin by 2030 Execute an additional $550M+ in run-rate operational and quality cost improvements Increase through-cycle Industrial cash generation by 25% Key strategy pillars include: Advancing Iron + Tech integration. Precision Tech sales will nearly double as ...

CNH Industrial (CNH) 2025 Capital Markets Day May 08, 2025 09:00 AM ET Speaker0 morning. Thank you, Jason, and good morning, everyone. Today, I'm delighted to introduce our CEO and executive team. Before I do that, I'd like to share with you how our long heritage and deep expertise has positioned CNH as the partner of choice for farmers and builders around the globe. For more than one hundred and eighty years, our legacy has been built on the pioneering spirit of innovators such as Jerome Case, the founder ...

M A Y 8 , 2 0 2 5 JASON OMERZA INTRODUCTION 2 S A F E H A R B O R S T A T E M E N T A N D D I S C L O S U R E S All statements other than statements of historical fact contained in this presentation including competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, liquidity, capital structure or other financial items; costs; and plans and objectives of manage ...

Core Viewpoint - EXEL Industries Group reported a revenue decline of 3.8% in Q2 2024-2025, primarily driven by lower volumes in Agricultural Spraying, while other segments showed stability or growth [3][5][13]. Revenue Summary - Q2 revenue for EXEL Industries Group was €281.4 million, down from €292.6 million in the same quarter of the previous year, reflecting a decrease of €11.3 million [3][2]. - For the first half of the fiscal year, total revenue was €443.4 million, a decrease of €49.4 million or 10.0% compared to the previous year [2]. Segment Performance - **Agricultural Spraying**: Revenue decreased by 15.7% to €132.7 million, attributed to low volumes and a cautious market in North America [4][5]. - **Sugar Beet Harvesting**: Sales increased by 47.6%, with all product categories showing growth after resolving production delays [6]. - **Leisure**: Sales remained stable with a slight decrease of 0.1%, supported by strong performance in the Garden segment in the UK [7]. - **Industry**: Revenue grew by 7.5%, with dynamic sales across all product categories, particularly in high viscosity products [8]. Market Outlook - Order intake remains low, but there are signs of recovery in Europe and large-scale crop markets, although uncertainty persists in North America due to economic factors [11]. - The Group is adjusting production capacities and cost structures in response to current market conditions, particularly in North America where pricing policies are under review [11][13]. - The outlook for the Garden segment in 2025 is optimistic, contingent on normal weather conditions, following two years of unfavorable rainfall [11]. Company Profile - EXEL Industries is a French family-owned group focused on designing, manufacturing, and marketing capital equipment, with a strong emphasis on innovation and customer service [14][15].