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Deere’s Agriculture and Turf Segment’s Margin Declined

Peter Neil
Deere’s Agriculture and Turf Segment’s Margin Declined

Deere’s (DE) Agriculture and Turf Equipment segment generates most of the company’s revenues. The segment reported revenues of $5.6 billion in the fourth quarter—3.1% growth compared to the fourth quarter of 2017 when it reported revenues of $5.44 billion. In the fourth quarter, the segment reported the highest fourth-quarter revenues since the fourth quarter of 2015.