Deere reports solid growth

Share this item


Worldwide net sales and revenues decreased 1 percent, to $15.412 billion, for the fourth quarter of fiscal 2023 and rose 16 percent, to $61.251 billion, for the full year. Net sales were $13.801 billion for the quarter and $55.565 billion for the year, compared with $14.351 billion and $47.917 billion in 2022.

“Deere’s fourth-quarter and full-year results can be attributed to the successful execution of our Smart Industrial Operating Model and the value that customers recognize in our products and solutions,” said John C. May, chairman and chief executive officer. “We must also recognize and credit our dedicated employees, dealers, and suppliers, whose hard work and focus have been instrumental to our overall success.”


Read the full report in PDF here

Leave a Reply

Your email address will not be published. Required fields are marked *

2 + three =

Stay Connected

More Updates

ARGO Tractors transmission plant
Business news

ARGO opens transmission plant

Argo Tractors SpA takes another step forward in terms of organisational and quality development. The company recently opened its new hub, dedicated to the development

Read More »
CNH Multi-Vehicle Simulator
Innovation

CNH applying virtual reality

CNH continues to sustainably invest in innovative technology to boost productivity and profitability of their products. The India Technology Center (ITC) in Gurugram, Northern India

Read More »
ARGO Tractors transmission plant
Business news

ARGO opens transmission plant

Argo Tractors SpA takes another step forward in terms of organisational and quality development. The company recently opened its new hub, dedicated to the development

Read More »
Receive the latest news

Subscribe to our newsletter