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-0.00183018135433411 -0.000942820697687247 0.00293938217514282 0.00221840164161725 -0.00449226332427487 -0.0128112694803394 -0.00127558094392984 -0.00227386168265763
Stock impact report

AGCO Raises Long-Term Financial Targets, Provides 2025 Outlook at 2024 Analyst Meeting [Yahoo! Finance]

AGCO Corporation (AGCO) 
Last agco corporation earnings: 2/6 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.agcocorp.com
Company Research Source: Yahoo! Finance
NEW YORK Dec. 19, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced new financial targets to investors at its 2024 Analyst Meeting as it remains focused on driving enhanced durability and profitability through the cycle. AGCO Red and Black Logo; Your Agriculture Company (PRNewsfoto/AGCO Corporation) By 2029, AGCO is targeting to: Improve adjusted mid-cycle adjusted operating margins to 14%-15% Outgrow the industry by 4%-5% annually Annually deliver free cash flow conversion of 75%-100% Expand net sales of Fendt in North and South America to $1.7 billion as the company continues to roll out a full line of Fendt products Grow parts net sales to $2.3 billion while increasing market share of genuine AGCO parts Deliver precision ag net sales of $2.0 billion "Our Farmer-First strategy has served us well since its launch in 2021, driving us to deli Show less Read more
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