Deere & Co Group records 22% drop in sales in the first half of the financial year

Sales of „Deere & Co“, the world's largest manufacturer of agricultural machinery, fell by 22% in the first half of the 2025 financial year compared to the same period last year. This is a worrying sign, although John C. May, CEO of Deere & Co“is optimistic about the future.

„Deere & Co“ recorded sales of €1.804 billion in the second quarter of the business year (27 April 2025). This is a 24% decrease compared to last year's net profit of USD 2.37 billion. USD.

In the latest quarter, „Deere & Co“'s sales revenue fell by 16 per cent and by 22 per cent in the first six months of the year.

„Deere & Co“ CEO John C. May‘us emphasizes in his announcement that despite the challenging market environment, customers continue to be the company's top priority.

„Despite short-term market challenges, we look to the future with confidence,– said John C. May‘us.

"Deere & Co" owns one of the world's best-known "John Deere" brands.