Financial PerformanceThe divestiture will provide AGCO net proceeds to shore up the balance sheet and further invest in its in-house tech capabilities, leading to long-term outgrowth and margin expansion.
Operational StrategyAGCO is rolling out a program aimed at expanding equipment dealers’ ability to service equipment in the field, with the ultimate goal of 80% of servicing to be done in field.
Technology And InnovationAGCO highlighted their capabilities in utilizing generative AI, the one-stop hub offering for mixed fleets at PTx Trimble and the implementation of FarmerCore to provide maintenance onsite to the farmer.