Deere: targets NP of 5.3 to 5.7 billion dollars in 2021
(CercleFinance.com) - The company's global net revenues rose by 30% to 12.
058 billion dollars in Q1 2021, with a 25% increase over H1 to 21.170 billion dollars.
Deere & Company reported net income of 1.790 billion dollars for Q2 (ended 2 May, 2021) or 5.68 dollars per share, compared to net income of 666 million dollars, or 2.11 dollars per share, for Q2 2020.
For the first six months of the year, net income was reached 3.013 billion dollars, or 9.55 dollars per share, against 1.182 billion dollars, or 3.73 dollars per share, for the same period last year.
Net income attributable to Deere & Company for FY 2021 is expected between 5.3 and 5.7 billion dollars, the group said.
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