Deere & Company
Industry: Constr. & Agric. Machinery
Deere & Company, together with its subsidiaries (collectively, John Deere), manufactures and distributes a line of agricultural equipment, a variety of commercial and consumer equipment and a range of equipment for construction and forestry. Through its financial services segment, the Company also finances sales and leases by John Deere dealers of new and used agricultural, commercial and consumer and construction and forestry equipment. It also provides wholesale financing to dealers of the foregoing equipment, provides operating loans and finances retail revolving charge accounts
Business Summary
Deere & Company, together with its subsidiaries (collectively, John Deere), manufactures and distributes a line of agricultural equipment, a variety of commercial and consumer equipment and a range of equipment for construction and forestry. Through its financial services segment, the Company also finances sales and leases by John Deere dealers of new and used agricultural, commercial and consumer and construction and forestry equipment. It also provides wholesale financing to dealers of the foregoing equipment, provides operating loans and finances retail revolving charge accounts. John Deere is also engaged in special technologies operations and provides managed healthcare plans.
Financial Summary
Deere & Co. manufactures and distributes farm equipment and machines used in construction, earthmoving and forestry. DE also finances equipment sales and leases, offers specialized insurance and provides health management services. For the 9 months ended 7/30/05, revenues rose 13% to $16.75B. Net income rose 16% to $1.21B. Revenues reflect increased shipments and improved price realizations. Net income reflects stronger production volume.







