AGCO Sees Improved 1st-Quarter Sales; CNH Reports Lower Revenue
AGCO reported a significant increase in first-quarter net sales and income, driven by strong performance in Europe, the Middle East, and North America, especially in high-horsepower equipment. In contrast, CNH Industrial experienced a substantial downturn in net income, despite revenues being on par with the previous year, attributing it to low North American agricultural equipment demand and challenges in Brazil. Both companies face a challenging agricultural market, with AGCO forecasting continued pressure on industry demand, and CNH implementing measures to manage the downturn while anticipating a market recovery.
https://www.dtnpf.com/agriculture/web/ag/equipment/article/2026/05/05/agco-sees-improved-1st-quarter-sales