Articles from AGCO

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will be among the headliners at the 2024 Commodity Classic, with an expansive exhibit featuring Farmer-Focused solutions and services from across its North American brands, including Fendt®, Massey Ferguson®, Precision Planting® and GSI®. With over 38,000 square feet of exhibit space, AGCO’s display will provide hands-on opportunities for farmers to experience many of its most innovative and award-winning equipment. Commodity Classic will be held February 28 - March 2 in Houston, Texas.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Barclays Industrial Select Conference on Thursday, February 22, 2024. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 1:50 p.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events. The webcast will also be archived immediately afterwards for 12 months.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will host an expansive exhibit at the 2024 World Ag Expo in Tulare, California, on February 13-15. Headlining AGCO’s exhibit will be the North American debut of the Massey Ferguson® 3 Series Specialty tractors and a full lineup of Fendt® tractors sporting the brand’s cutting-edge technology and design.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $3.8 billion for the fourth quarter of 2023, a decrease of 2.5% compared to the fourth quarter of 2022. Reported net income was $4.53 per share for the fourth quarter of 2023, and adjusted net income(3) was $3.78 per share. These results compare to reported net income of $4.29 per share and adjusted net income(3) of $4.47 per share, for the fourth quarter of 2022. Excluding favorable currency translation impacts of 1.8%, net sales in the fourth quarter of 2023 decreased 4.3% compared to the fourth quarter of 2022.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the launch of FarmerCore, a transformative global initiative to deliver a next-generation farmer and dealer experience. The launch of the new end-to-end distribution model is a significant milestone in advancing AGCO’s Farmer-First strategy and solidifying its commitment to helping farmers across the globe become more profitable, productive and sustainable.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its fourth-quarter 2023 earnings release conference call is scheduled for Tuesday, February 6 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on March 15, 2024, to all stockholders of record as of the close of business February 15, 2024.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced the addition of a Chief Digital & Information Officer (CDIO) to its senior leadership team, reporting directly to Chief Executive Officer Eric Hansotia. Viren Shah will become an AGCO Senior Vice President and CDIO effective January 16, 2024. He will lead the development, design and implementation of the company’s digital vision and strategy, including IT, and data analytics.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has received the annual Internationalization Award of the President of the Republic of Finland in the category of Long-Term International Investor. The Award is bestowed annually in recognition of internationally successful companies or communities.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, and its family of leading brands, received six major awards at the world’s largest trade fair for agricultural machinery, Agritechnica 2023. Included in the recognitions – which were decided based on votes cast by committees of independent experts and by the Agritechnica attendees themselves – are top awards recognizing Fendt® and Precision Planting®.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, will once again host thousands of farmers at the world's largest ag fair, Agritechnica.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported its results for the third quarter ended September 30, 2023. Net sales for the third quarter were approximately $3.5 billion, an increase of 10.7% compared to the third quarter of 2022. Excluding favorable foreign currency translation of 3.5%, net sales in the quarter increased 7.2% compared to the third quarter of 2022. Reported net income was $3.74 per share for the third quarter of 2023, and adjusted net income(1), which excludes restructuring expenses, transaction-related costs and costs related to a completed divestiture, was $3.97 per share. These results compare to reported net income of $3.18 per share and adjusted net income(1), which excluded restructuring expenses, of $3.18 per share for the third quarter of 2022.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on December 15, 2023, to all stockholders of record as of the close of business November 15, 2023.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its third-quarter 2023 earnings release conference call is scheduled for Tuesday, October 31 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the Morgan Stanley 11th Annual Laguna Conference on Tuesday, September 12, 2023. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 1:25 p.m. Pacific Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events. The webcast will also be archived immediately afterwards for 12 months.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the Jefferies 2023 Industrials Conference on Thursday, September 7, 2023. The conference will include a fireside chat with Eric Hansotia, Chairman, President and Chief Executive Officer, and Damon Audia, Senior Vice President and Chief Financial Officer, at 2:30 p.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events. The webcast will also be archived immediately afterwards for 12 months.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the Citi 2023 Global Technology Conference on Wednesday, September 6, 2023. The conference will include a fireside chat with Eric Hansotia, Chairman, President and Chief Executive Officer, and Damon Audia, Senior Vice President and Chief Financial Officer, at 8:15 a.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company’s Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events. The webcast will also be archived immediately afterwards for 12 months.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, introduced the new Massey Ferguson® 500R Series Sprayer, a reliable, user-friendly solution for effective applications and increased independence. Building on more than 60 years of experience from across the AGCO family, the 740-gallon, 212 HP MF 525R and 860-gallon, 235 HP MF 530R Series sprayers come standard with an advanced chemical distribution system, flexible chassis, maintenance-friendly design elements and more to deliver a cost-effective spraying solution. Massey Ferguson will display the MF 500R Series Sprayer during the 2023 Farm Progress Show and is currently accepting orders for 2024 through select dealers.

The AGCO Agriculture Foundation (“the Foundation”), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, announced a USD 50,000 grant to the MHP-Gromadi Charitable Foundation to support its community-focused initiative to provide high-quality food – Ko-Ko – for Ukrainian babies (age 6-18 months) and canned ready-to-eat poultry meat for internally displaced persons (IDPs) in the Eastern and Southern regions of Ukraine.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported its results for the second quarter ended June 30, 2023. Net sales for the second quarter were approximately $3.8 billion, an increase of approximately 29.8% compared to the second quarter of 2022. Excluding unfavorable foreign currency translation of approximately 0.8%, net sales in the quarter increased approximately 30.6% compared to the second quarter of 2022. Reported net income was $4.26 per share for the second quarter of 2023, and adjusted net income(1), which excludes restructuring expenses and an update to the estimated cost of participation in a Brazilian income tax amnesty program, was $4.29 per share. These results compare to reported net income of $2.37 per share and adjusted net income(1), which excluded restructuring expenses, of $2.38 per share for the second quarter of 2022.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its second-quarter 2023 earnings release conference call is scheduled for Thursday, July 27 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on September 15, 2023 to all stockholders of record as of the close of business August 15, 2023.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will conduct a technology event on Wednesday, June 28, 2023. The meeting will include presentations by Eric Hansotia, AGCO’s Chairman, President, and Chief Executive Officer, Kelvin Bennett, Senior Vice President of Engineering and Seth Crawford, Senior Vice President & GM, Precision Ag and Digital. The event will begin at 6:30PM Eastern Time and is expected to conclude by 7:30PM. Investors may register for the event by accessing the link on AGCO’s corporate website in the "Investors" section at www.agcocorp.com. The technology event will also be archived on the website.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the Wells Fargo 2023 Industrials Conference on Wednesday, June 14, 2023. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 1:25 p.m. CT. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in J.P. Morgan’s 2023 Global Technology, Media and Communications Conference on Tuesday, May 23, 2023. The conference will include a fireside chat with Brad Arnold, Senior Vice President and General Manager, Precision AGCO, at 11:30 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported its results for the first quarter ended March 31, 2023. Net sales for the first quarter were approximately $3.3 billion, an increase of approximately 24.1% compared to the first quarter of 2022. Excluding unfavorable foreign currency translation of approximately 5.4%, net sales in the quarter increased approximately 29.6% compared to the first quarter of 2022. Reported net income was $3.10 per share for the first quarter of 2023, and adjusted net income(1), which excludes restructuring expenses and a Brazilian income tax amnesty program payment, was $3.51 per share. These results compare to reported net income of $2.03 per share and adjusted net income(1), which excludes impairment charges, restructuring expenses and other related items, of $2.39 per share for the first quarter of 2022.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced that its Board of Directors declared a special variable dividend in the amount of $5.00 per share and also increased the quarterly dividend to $0.29 per outstanding share, up $0.05 from $0.24 per outstanding share paid last quarter.

AGCO (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it has signed an agreement with Hexagon, to expand its factory-fit and aftermarket guidance offering. The new guidance system will be sold as Fuse Guide on Massey Ferguson and Valtra tractors.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its First Quarter 2023 Earnings Release Conference Call is scheduled for Tuesday, May 2nd at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, today released its 2022 Sustainability Report. The report showcases AGCO’s progress on environmental, social and governance issues as it strives to deliver farmer-focused solutions to sustainably feed our world.

The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a USD 50,000 grant to Providence Farm Collective (PFC) to support implementation of a holistic on-farm compost generation system and optimization of post-harvest efficiency and food safety at its 37-acre farm in Orchard Park, NY.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the Bank of America Global Industrials Conference on Tuesday, March 21, 2023. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 3:40 p.m. GMT. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 6, 2023. The conference will include a fireside chat with Seth Crawford, Senior Vice President and GM Precision Ag and Digital, at 12:55 p.m. PST. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO Corporation, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, today announced it is donating USD 650,000 to the United Nations Children's Fund (UNICEF) in direct support of its earthquake response in Türkiye. The donation will facilitate the provision of critical supplies and services to children, adolescents, and families affected by the recent earthquakes.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in Citi's 2023 Global Industrial Tech and Mobility Conference on Wednesday, February 22, 2023. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer at 10:30 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of $3.9 billion for the fourth quarter of 2022, an increase of 23.6% compared to the fourth quarter of 2021. Reported net income was $4.29 per share for the fourth quarter of 2022, and adjusted net income(3), which excludes restructuring expenses and a charge related to the divestiture of a Russian joint venture, was $4.47 per share. These results compare to reported net income of $3.75 per share and adjusted net income(3), which excludes restructuring expenses and the reversal of a valuation allowance previously established against the Company’s deferred tax assets in Brazil, of $3.08 per share, for the fourth quarter of 2021. Excluding unfavorable currency translation impacts of 9.2%, net sales in the fourth quarter of 2022 increased 32.7% compared to the fourth quarter of 2021.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.24 per common share to be paid on March 15, 2023 to all stockholders of record as of the close of business February 15, 2023.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its Fourth Quarter 2022 Earnings Release Conference Call is scheduled for Tuesday, February 7th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, was named one of America’s Most Responsible Companies for 2023 by Newsweek and Statista.

AGCO Corporation (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, received ten AE50 Awards from the American Society of Agricultural and Biological Engineers (ASABE) for 2023. Each year, an international panel of engineering experts recognizes the year’s 50 most innovative designs in engineering products or systems for the food and agriculture industries. AGCO’s ten AE50 awards span the company’s strong brand portfolio, including Fendt, Fuse, Intelligent Ag, Massey Ferguson, and Precision Planting.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will conduct an analyst meeting in New York City on Friday, December 16, 2022. The meeting will include presentations by Eric Hansotia, Chairman, President, and Chief Executive Officer, Damon Audia, Senior Vice President and Chief Financial Officer, Seth Crawford, Senior Vice President and General Manager, Precision Ag and Digital and Louisa Parker-Smith, Global Head of Sustainability. The briefing will begin at 9:00 a.m. E.S.T. and is expected to conclude by 11:00 a.m. Investors may also attend virtually and can register on AGCO’s corporate website in the "Investors" section at www.agcocorp.com. The Analyst Meeting will be archived immediately afterwards.

The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a USD 300,000 grant to FareShare to ensure surplus food reaches vulnerable communities in the United Kingdom while tackling food waste.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third quarter ended September 30, 2022. Net sales for the third quarter were approximately $3.1 billion, an increase of approximately 14.5% compared to the third quarter of 2021. Excluding unfavorable foreign currency translation of approximately 11.8%, net sales in the quarter increased approximately 26.3% compared to the third quarter of 2021. Reported net income was $3.18 per share for the third quarter of 2022, and adjusted net income(3), which excludes restructuring expenses, was also $3.18 per share. These results compare to reported net income of $2.40 per share and adjusted net income, which excludes restructuring expenses, of $2.41 per share for the third quarter of 2021.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.24 per common share to be paid on December 15, 2022 to all stockholders of record as of the close of business November 15, 2022.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its Third Quarter 2022 Earnings Release Conference Call is scheduled for Tuesday, November 1st at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a CHF 195,000 donation to Bern University of Applied Sciences (School of Agricultural, Forest and Food Sciences). The donation will support the implementation of a three-year farm project that seeks to promote the application of non-tillage-based weed control methods on lightweight field robots in a cool and wet climate of Central Europe.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in William Blair’s Virtual 2022 What’s Next for Industrials Conference on Friday, September 23, 2022. The conference will include a presentation by Seth Crawford, AGCO’s Senior Vice President and GM, Precision Ag and Digital at 10:00 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the 2022 Morgan Stanley Laguna Conference on Thursday, September 15, 2022. The conference will include a fireside chat by Damon Audia, AGCO’s Senior Vice President and Chief Financial Officer and Andy Beck, AGCO's Senior Vice President, Senior Advisor and former Chief Financial Officer at 10:30 a.m. P.T. Investors may listen to a live webcast of the fireside chat by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will participate in the 2022 Jefferies Industrials Conference on Wednesday, August 10, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President, Senior Advisor and former Chief Financial Officer at 1:30 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the second quarter ended June 30, 2022. Net sales for the second quarter were approximately $2.9 billion, an increase of approximately 2.3% compared to the second quarter of 2021. Excluding unfavorable currency translation impacts of approximately 7.5%, net sales in the second quarter of 2022 increased approximately 9.8% compared to the second quarter of 2021. Reported net income was $2.37 per share for the second quarter of 2022, and adjusted net income(3), which excludes restructuring expenses, was $2.38 per share. These results compare to reported net income of $3.73 per share and adjusted net income, which excludes restructuring expenses and the reversal of a valuation allowance previously established against the Company’s deferred tax assets in the United States, of $2.88 per share for the second quarter of 2021.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that its Board of Directors has appointed Tim Millwood to succeed Hans-Bernd Veltmaat as Senior Vice President and Chief Supply Chain Officer effective August 15, 2022. Mr. Millwood joins AGCO following a more than thirty-year career at Cummins Inc NYSE: CMINYSECMI)

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.24 per common share to be paid on September 15, 2022 to all stockholders of record as of the close of business August 15, 2022.

AGCO (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, is honored to receive the Red Dot: Best of the Best award in the “Interaction and UX” category with its digital design concept, the AGCO 3D Product Advisor.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today its Second Quarter 2022 Earnings Release Conference Call is scheduled for Thursday, July 28th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that it will conduct a sustainable technology event on Tuesday, June 28, 2022. The meeting will include presentations by Eric Hansotia, AGCO’s Chairman, President, and Chief Executive Officer, Louisa Parker-Smith, AGCO’s Director Global Sustainability, Seth Crawford, AGCO’s Senior Vice President & GM, Precision Ag and Digital and Torsten Dehner AGCO’s Senior Vice President & GM, Fendt / Valtra. The event will begin at 14:15 C.E.T (8:15 a.m. E.D.T.) and is expected to conclude by 16:00 C.E.T (10:00 a.m. E.D.T.) Investors may register for the event by accessing the link on AGCO’s corporate website in the "Investors" section at www.agcocorp.com. The sustainable technology event will also be archived on the website.

AGCO (NYSEAGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, has announced an investment in OPTIfarm, an emerging leader in precision livestock farming.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced today that its Board of Directors has appointed Damon Audia to succeed Andy Beck as Senior Vice President and Chief Financial Officer (CFO) effective July 1, 2022. Mr. Audia joins AGCO from Kennametal Inc. NYSE: KMTNYSEKMT)

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the 2022 Stifel Cross Sector Insight Conference on Wednesday, June 8, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 4:10 p.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the Morgan Stanley 7th Annual Sustainable Futures Conference on Monday, May 23, 2022. The conference will include a presentation by Louisa Parker-Smith, AGCO's Global Head of Sustainability at 11:00 a.m. E.D.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that the Company’s efforts to restore systems and business operations are continuing successfully following a ransomware cyber attack that was discovered on May 5, 2022. A majority of the affected production sites and parts operations resumed operational activities last week or today. The remainder of the sites are expected to begin operations during the balance of this week, such that all factories and parts operations are operating by the end of this week.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the 2022 Goldman Sachs Industrials Conference on Thursday, May 12, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:30 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today that on May 5, 2022, it was subject to a ransomware attack that has impacted some of its production facilities. AGCO is still investigating the extent of the attack, but it is anticipated that its business operations will be adversely affected for several days and potentially longer to fully resume all services depending upon how quickly the Company is able to repair its systems. The Company will provide updates as the situation progresses.

The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, today announced a $50,000 donation to an initiative called "BORSCH" implemented by the Land Club, a non-profit organization in Ukraine. The donation will help "BORSCH" contribute to Ukraine's food and nutrition security during this crisis and improve the livelihoods of Ukrainian farming communities affected by the war.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the first quarter ended March 31, 2022. Net sales for the first quarter were approximately $2.7 billion, an increase of approximately 12.9% compared to the first quarter of 2021. Excluding unfavorable currency translation impacts of approximately 5.0%, net sales in the first quarter of 2022 increased approximately 17.9% compared to the first quarter of 2021. Reported net income was $2.03 per share for the first quarter of 2022, and adjusted net income(3), which excludes impairment charges, restructuring expenses and other related items, was $2.39 per share. These results compare to reported net income of $1.99 per share and adjusted net income, which excludes restructuring expenses, of $2.00 per share for the first quarter of 2021.

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that it will participate in the 2022 Wells Fargo Industrials Conference on Thursday, May 5, 2022. The conference will include a presentation by Andy Beck, AGCO's Senior Vice President and Chief Financial Officer at 10:40 a.m. E.T. Investors may listen to a live webcast of the presentation by accessing the webcast button in the "Investors" section of the Company’s website at http://www.agcocorp.com/company/investors.aspx. The webcast will also be archived immediately afterwards.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced it has acquired JCA Industries, Inc. (“JCA”), d/b/a JCA Technologies, a leader in the development of autonomous software for agricultural machines, implement controls and electronic system components.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, announces that Chunju Liu of Changzhou, China has received a 2022 STEP (Science, Technology, Engineering, and Production) Ahead Award from Women in Manufacturing, a division of the Manufacturing Institute.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, today announced that its Board of Directors declared a variable special dividend in the amount of $4.50 per share, payable on June 21, 2022 to shareholders of record at the close of business on May 20, 2022. The Company also increased the quarterly dividend to $0.24 per outstanding share, up $0.04 from $0.20 per outstanding share paid last quarter. Payment will be made on June 15, 2022 to all stockholders of record as of the close of business on May 16, 2022.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today its 2022 First Quarter Earnings Release Conference Call is scheduled for Tuesday, May 3rd at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, this week released its 2021 Sustainability Report.

AGCO, Your Agriculture Company, (NYSEAGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today the election of David Sagehorn to its Board of Directors effective March 15, 2022. “We are pleased to have Dave join our Board,” said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. “His wealth of knowledge, financial expertise and his extensive experience in a company that produces technology-rich vehicles will be invaluable as we continue to evolve AGCO’s smart solutions for our farmer customers. He will provide an important perspective and contribution to our Board.”

AGCO, Your Agriculture Company (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of approximately $3.2 billion for the fourth quarter of 2021, an increase of approximately 16.1% compared to the fourth quarter of 2020. Reported net income was $3.75 per share for the fourth quarter of 2021, and adjusted net income(3), which excludes restructuring expenses and the reversal of a valuation allowance previously established against the Company’s deferred tax assets in Brazil, was $3.08 per share. These results compare to reported net income of $1.78 per share and adjusted net income(3), which excludes restructuring expenses and a gain on sale of an investment, of $1.54 per share for the fourth quarter of 2020. Excluding unfavorable currency translation impacts of approximately 3.2%, net sales in the fourth quarter of 2021 increased approximately 19.3% compared to the fourth quarter of 2020.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.20 per common share to be paid on March 15, 2022 to all stockholders of record as of the close of business February 15, 2022.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced today its 2021 Fourth Quarter Earnings Release Conference Call is scheduled for Tuesday, February 8th at 10:00 a.m. ET. The Company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO’s website at www.agcocorp.com under the “Investors” Section.

AGCO, Your Agriculture Company, (NYSEAGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced an agreement to acquire Appareo Systems, LLC (“Appareo”), a leader in software engineering, hardware development and electronic manufacturing. The acquisition is expected to close in January 2022.