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.

Type
Public
HQ
Duluth, US
Founded
1990
Size (employees)
19,800 (est)
AGCO was founded in 1990 and is headquartered in Duluth, US
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Key People/Management at AGCO

Helmut Endres

Helmut Endres

Senior Vice President, Engineering, Worldwide
Andy Beck

Andy Beck

Senior Vice President and Chief Financial Officer
Roger Batkin

Roger Batkin

Vice President, General Counsel and Corporate Secretary
Ulrich Stockheim

Ulrich Stockheim

Head of Global Corporate Communications and Marketing
Hans-Bernd Veltmaat

Hans-Bernd Veltmaat

Senior Vice President and Chief Supply Chain Officer

AGCO Office Locations

AGCO has offices in Duluth, Omaha, Jackson, Neuhausen am Rheinfall and in 6 other locations
Duluth, US (HQ)
4205 River Green Pkwy
Sunshine West, AU
615 Somerville Rd
São Paulo, BR
92 R. James Joule
Neuhausen am Rheinfall, CH
17 Victor von Bruns-Strasse
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AGCO Financials and Metrics

AGCO Financials

AGCO's revenue was reported to be $7.41 b in FY, 2016 which is a 0.8% decrease from the previous period.
USD

Net income (Q1, 2018)

25 m

Market capitalization (18-Jun-2018)

5 b

Closing share price (18-Jun-2018)

62.6

Cash (30-Jun-2017)

317.8 m

EV

4.8 b
AGCO's current market capitalization is $5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

10.8 b9.7 b7.5 b7.4 b

Revenue growth, %

(10%)(23%)(1%)

Cost of goods sold

8.4 b7.7 b5.9 b5.9 b

Gross profit

2.4 b2.1 b1.6 b1.5 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

2.5 b2.3 b2.8 b2.2 b1.7 b2.1 b1.7 b1.6 b2 b1.8 b1.6 b2.2 b

Cost of goods sold

1.9 b1.8 b2.1 b1.7 b1.4 b1.6 b1.4 b1.2 b1.6 b1.4 b1.3 b1.7 b

Gross profit

556.2 m514.9 m631.5 m421.9 m347.9 m449.6 m365.7 m314.7 m427 m353.5 m330.3 m475.4 m

Gross profit Margin, %

22%22%23%20%20%22%21%20%21%20%20%22%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1 b363.7 m426.7 m429.7 m

Current Assets

4.5 b3.5 b2.9 b3.2 b

PP&E

1.6 b1.5 b1.3 b1.4 b

Goodwill

1.2 b1.2 b1.1 b1.4 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

620.5 m193.9 m323.3 m320.9 m338.9 m498.2 m425.4 m247.9 m324.7 m297.8 m289.9 m317.8 m

Inventories

2.2 b2.4 b2.4 b2.3 b1.8 b1.8 b1.7 b1.7 b1.8 b1.8 b1.8 b1.9 b

Current Assets

4.5 b4.4 b4.5 b4.2 b3.7 b3.8 b3.5 b3.2 b3.3 b3.4 b3.4 b3.6 b

PP&E

1.5 b1.6 b1.6 b1.5 b1.4 b1.4 b1.4 b1.4 b1.4 b1.4 b1.4 b1.4 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

592.3 m404.2 m264 m160.2 m

Inventories

(196 m)

Accounts Payable

54.7 m(219.4 m)37.3 m62.8 m

Cash From Operating Activities

797 m438.4 m524.2 m369.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2018

Net Income

125.2 m99.2 m166 m62.5 m29.9 m25 m
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AGCO Online and Social Media Presence

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AGCO News and Updates

Precision Farming Market: 2018 | Up to USD 7 Billion by 2022 at 12% of CAGR | Trending Players by AGCO, Deere & Company, AgEagle, Aglytix, Precision and Agribotix

Global Precision Farming is expected to grow at US ~$7 billion by end of forecast period with compound annual growth rate of 12%. Precision Farming Market, By Components (Hardware, Software, Services), By Application (Yield Mapping, Quality Mapping, Soil Properties Analysis, Inventory Management, La…

Agricultural Machinery Market in the US 2018-2022: Deere & Company, CNH Industrial, AGCO, Kubota

Wiseguyreports.Com Publish New Market Research Report On -“Agricultural Machinery Market in the US - Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2022” Posted via Industry Today. Follow us on Twitter @IndustryToday

UPDATE 1-Deere sues Precision Planting, AGCO claiming patent infringement

June 1 (Reuters) - U.S. farm equipment maker Deere & Co on Friday sued Precision Planting LLC and AGCO Corp , accusing them of infringing on 12 of its patents.

Deere sues Precision Planting, AGCO for patent infringement

(Reuters) - U.S. farm equipment maker Deere & Co said on Friday it filed a lawsuit against Precision Planting LLC and AGCO Corp , claiming that the companies have infringed on 12 of its patents.

Agricultural Tractor Robots: Market Shares, Strategies, Analysis and Forecasts, Worldwide, 2018 to 2025

WiseGuyReports.com adds “Agricultural Tractor Robots Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024”reports to its database. Posted via Industry Today. Follow us on Twitter @IndustryToday
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