NAMA Shortcuts
Member Directory
Best of NAMA 2014
Upcoming Events
Chapters
Agri-Marketing Conf
More NAMA












TRIMBLE TO REDUCE ITS RELIANCE ON THE AG MARKET
Farm Equipment magazine reports:

Trimble, a manufacturer of position technologies and software, released its latest earnings report on August 5 and saw second quarter revenues grow 11% year-over-year. However, its Field Solutions sector saw a 1% drop in revenues due to weakness in sales of agriculture products.

Trimble CEO Steven Berglund said, "It is becoming clear that the effects of lower commodity prices are now impacting us more than we had originally anticipated."

As a result, the company aims to reduce its reliance on agriculture and shift its focus to its other business sectors to be more balanced.

For the third quarter, Trimble is expecting a 7% sequential decline.
- See more at: http://www.farm-equipment.com/pages/On-The-Record-Could-3-D-Printing-Be-Coming-to-a-Dealership-Near-You-08-08-2014.php#sthash.c22Pwxk7.dpuf


Search News & Articles




















Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © Copyright 2014, Henderson Communications LLC. | User Agreement