AGCO Corp (WBO:AGCO)
€ 93.64 -0.7 (-0.74%) Market Cap: 6.92 Bil Enterprise Value: 10.05 Bil PE Ratio: 18.06 PB Ratio: 1.87 GF Score: 84/100

AGCO Corp Technology Event Transcript

Jun 28, 2023 / 10:30PM GMT
Greg Peterson
AGCO Corporation - VP of IR

Good evening to those of you joining us for our webcast. My name is Greg Peterson. I head up Investor Relations for AGCO. It's my pleasure to welcome you to AGCO's third annual technology event. We have 3 important objectives to accomplish over the next 2 days. First objective is to demonstrate to the group the significant progress we're making against the technology deployment goals that we gave you in December. That's number one. Number 2 is to highlight the benefit that AGCO is going to see both to the top line into our operating margins as we deploy the technology and grow our Precision Ag business.

And lastly and most importantly, we want to show you the benefits that are accruing to the farmers, the pain points that we're helping them with. And as importantly, we've had a long-standing target of improving farmers' net income by 20%. And -- over the next 2 days, we're going to demonstrate savings or net income improvement of at least that much. So a lot to think about and a lot to digest over the next couple of days. So with those objectives in mind

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