AGCO REPORTS FOURTH QUARTER AND 2024 FULL YEAR RESULTS
Net sales of $11.7 billion, down 19.1%, in 2024Full year reported operating margin of (1.0)% and adjusted operating margin(1) of 8.9%2024 full year reported earnings per share of $(5.69) and adjusted earnings per share(1) of $7.50Reaffirms 2025 Outlook – Net sales of approximately $9.6 billion and earnings per share of $4.00 - $4.50DULUTH, Ga., Feb. 6, 2025 /PRNewswire/ -- AGCO (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $2.9 billion for the fourth quarter of 2024, a decrease of 24.0% compared to the fourth quarter of 2023. Reported net loss was $(3.42) per share for the quarter, which i