2022 Annual Report: Chairman’s message
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AGCO
ar2022.agcocorp.com
AGCO
AGCO
ar2022.agcocorp.com
achieved record results in 2022 supported by demand for our new technology to replace aging fleets, favorable farm economics and constrained industry production. During 2022, reported net sales of approximately $12.7 billion, an increase of approximately 13.6% compared to 2021. Adjusted operating margins expanded over 120 basis points …
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SOURCE: Farmer & Cowboy Magazine – AGCO
NOTE: AGCO Corporation is an American agricultural machinery manufacturer headquartered in Duluth, Georgia, United States. It was founded in 1990. AGCO designs, produces and sells tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment. AGCO Corporation, agricultural machinery, Fendt tractors, Massey Ferguson, Valtra, AGCO GenuineCare, AGCO Parts, AGCO Service, Challenger, Gleaner, Sunflower, White Planters. Understanding AGCO Corporation’s extensive range of products and services can significantly benefit farmers. By leveraging the advanced technology and support offered by AGCO, farmers can improve their operational efficiency, reduce downtime, and increase crop yields. Access to genuine parts and expert service ensures that their machinery remains in optimal condition, contributing to the overall success and sustainability of their agricultural practices.
