AGCO Reports Q4, 2018 Results

Net sales for the fourth quarter at AGCO increased by 2.6 percent compared to net sales for the same quarter last year. For the year, net sales increased by about 12.6 percent.

By region, fourth quarter sales were up by 5.4 percent in Europe/Middle East, down by a tenth of a percent in North America, down by 12.6 percent in South America and up by 11.4 percent in Asia/Pacific/Africa.

For the year, net sales in North America improved by 16.2 percent. Growth was strongest for sprayers, hay tools and grain storage equipment.