AGCO Corporation (NYSE:AGCO) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET
Company Participants
Greg Peterson – Head of Investor Relations
Eric Hansotia – Chairman, President & Chief Executive Officer
Damon Audia – Senior Vice President & Chief Financial Officer
Conference Call Participants
Jamie Cook – Truist
Kyle Menges – Citigroup
Kristen Owen – Oppenheimer
Jerry Revich – Goldman Sachs
Stephen Volkmann – Jefferies
Tami Zakaria – JPMorgan
Steven Fisher – UBS
Tim Thein – Raymond James
Operator
Good day, and welcome to the AGCO First Quarter 2025 Earnings Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Greg Peterson, AGCO Head of Investor Relations. Please go ahead.
Greg Peterson
Thanks, and good morning. Welcome to those of you joining us for AGCO’s First Quarter 2025 Earnings Call.
We will refer to a slide presentation this morning that’s posted to our website at www.agcocorp.com. The non-GAAP measures used in the slide presentation are reconciled to GAAP measures in the appendix of that presentation.
We will make forward-looking statements this morning, including statements about our strategic plans and initiatives as well as their financial impacts. We’ll discuss demand, product development and capital expenditure plans, and timing of those plans and our expectations concerning the costs and benefits of those plans and the timing of those benefits.
We’ll also cover revenue, crop production and farm income, production levels, price levels, margins, earnings, operating income, cash flow, engineering expense, tax rates and other financial metrics. All of these are subject to risks that could cause actual results to differ materially from those suggested by the statements.
These risks include
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