19
Feb
13:25
Deere sees profits, revenues surge in 2021
Heavy equipment producer and heavy equipment electrification pioneer Deere & Company saw a major uptick in both profits and revenues in its fiscal first quarter, Kallanish reports.
In the quarter ended 31 January, Deere netted $1.224 billion on sales of $9.112 billion - up on-year from $517 million on sales of $7.631 billion in fiscal Q1 2020.
"John Deere started 2021 on a strongly positive note," says ceo John May. "Our results wer…
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Very good overview of the weekly steel market.
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