Operating profit was up 34% compared with the third quarter of 2016. Operating margin increased to 7.8% as a result of the favorable volume and product mix, according to the company.
Net income attributable to Deere & Company was $649.2 million, or $1.83 per share, for the fourth quarter ended October 31, compared with $806.8 million, or $2.11 per share, for the same period of 2013.
Net income attributable to Deere & Company was $687.6 million, or $1.75 per share, for the fourth quarter ended October 31, compared with $669.6 million, or $1.62 per share, for the same period last year.
Often called the “Swiss army knife” of construction equipment, the compact and powerful skid steer and its tracked counterparts can find work on a hobby farm or in a landscaping operation as easily as they can on a building site.
Rabo AgriFinance (RAF), a leading provider of financial services for agricultural producers and agribusiness in the United States, has established two new regions and promoted several executives.
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