CNH Rides Industry Wave of Strong Ag Sales

For the first quarter at CNH Industrial, consolidated revenues climbed 36.8 percent from a year ago. The company’s net sales for industrial activities rose by 41 percent.

For the March-ending quarter, net sales in agricultural equipment climbed 35.4 percent.

CEO Scott Wine said the company expects the ag recovery “to continue and perhaps significantly escalate.” He also said CNH sees “notable strength in North and South America for combines and tractors with overall solid demand across all regions.”