Deere 4Q18 highlights
Posting a 26-percent jump in net sales and revenues for the full year, Deere & Company is predicting strong equipment demand – and order backlogs – will continue through mid-2019.
While total net sales and revenues reached $37.358 billion for the year, net sales for equipment operations shot up by 29 percent to $33.351 billion in 2018.
Fourth-quarter earnings soared by 54 percent over the same period a year ago.