Company results for Q2 2020.

by May 22, 2020

The company’s agriculture and turf, and construction and forestry sales declined by 18% and 25% in the second quarter, respectively. The decrease was mainly a result of lower shipment volumes and according to the report this trend is likely to continue with worldwide sales expected to decline by 10 to 15%. According to PTR the market share of the company in both the agriculture and construction segment in 2019 was 22.5% and 6.1% respectively. Link to the news: