AGCO Corporation (AGCO) is a manufacturer and distributor of agricultural equipment and related replacement parts globally. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment and implements. It also manufactures and distributes grain storage and handling equipment systems, as well as protein production systems.
Its products are recognized in the agricultural equipment industry and are marketed under a range of brands, including Challenger, Fendt, Massey Ferguson and Valtra. The Company distributes its products through a combination of approximately 3,100 independent dealers and distributors in more than 140 countries. In September 2013, Grain Systems, Inc. (GSI), a global brand of the Company announced that it has purchased Johnson System Inc. (JSI), manufacturer of catwalks, towers and support structures based in Marshall, Michigan.
Closing share price
|FY, 2013||FY, 2014||FY, 2015||FY, 2016|
|$10.8 b||$9.7 b||$7.5 b||$7.4 b|
Revenue growth, %
|$2.4 b||$2.1 b||$1.6 b|
|$900.7 m||$646.5 m||$361.1 m|
|$592.3 m||$404.2 m||$264 m||$160.2 m|
Operating cash flow
|$265.9 m||($683.5 m)||$63 m|