Deere reports 23% increase in net income for Q2

13 Jun, 2006 LM Week in Review

MOLINE, IL — Deere & Company announced its second quarter (Q2) earnings for the quarter ending April 30. Over all its divisions, the company reported a 2% increase in sales and revenue which yielded a 23% increase in net income in Q2, largely due to rigorous asset management.

"Exciting new equipment and services, which employ advanced technology and productivity enhancements, are attracting customers and promoting an expanded market presence for John

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