AGCO Corp Files 8-K on Financials
Ticker: AGCO · Form: 8-K · Filed: Nov 5, 2024 · CIK: 880266
| Field | Detail |
|---|---|
| Company | Agco Corp /De (AGCO) |
| Form Type | 8-K |
| Filed Date | Nov 5, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, results-of-operations
TL;DR
AGCO filed its 8-K on Nov 5, 2024, detailing financial results and operations.
AI Summary
AGCO Corporation filed an 8-K on November 5, 2024, to report on its results of operations and financial condition. The filing includes financial statements and exhibits related to the company's performance. AGCO Corporation, headquartered in Duluth, Georgia, is a manufacturer of agricultural machinery.
Why It Matters
This filing provides investors with updated financial information and operational results for AGCO Corporation, crucial for assessing the company's current performance and future outlook.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not indicate any unusual risks or events.
Key Numbers
- 001-12930 — SEC File Number (Identifies AGCO's filing with the SEC)
- 58-1960019 — IRS Employer Identification No. (Tax identification for AGCO)
Key Players & Entities
- AGCO CORP /DE (company) — Registrant
- AGCO Corporation (company) — Exact name of Registrant
- Delaware (jurisdiction) — State of incorporation
- Duluth, Georgia (location) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on AGCO Corporation's Results of Operations and Financial Condition, and to provide Financial Statements and Exhibits.
When was this 8-K filed?
This 8-K was filed on November 5, 2024.
What is AGCO Corporation's principal executive office address?
AGCO Corporation's principal executive offices are located at 4205 River Green Parkway, Duluth, Georgia 30096.
What is AGCO Corporation's standard industrial classification?
AGCO Corporation's Standard Industrial Classification is FARM MACHINERY & EQUIPMENT [3523].
What is the fiscal year end for AGCO Corporation?
AGCO Corporation's fiscal year ends on December 31.
Filing Stats: 1,213 words · 5 min read · ~4 pages · Grade level 14.1 · Accepted 2024-11-05 08:52:26
Filing Documents
- agco-20241105.htm (8-K) — 30KB
- a2024earningsreleaseq3.htm (EX-99.1) — 501KB
- earningsreleaseq1a01a16-cla.jpg (GRAPHIC) — 4KB
- 0000880266-24-000056.txt ( ) — 699KB
- agco-20241105.xsd (EX-101.SCH) — 2KB
- agco-20241105_lab.xml (EX-101.LAB) — 21KB
- agco-20241105_pre.xml (EX-101.PRE) — 12KB
- agco-20241105_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On November 5, 2024, AGCO Corporation ("AGCO") issued a press release reporting its financial results for the third quarter ended September 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1. In the press release, AGCO uses non-GAAP financial measures. For purposes of SEC Regulation G, a "non-GAAP financial measure" is a numerical measure of a registrant's historical or future performance, financial position or cash flows that excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with GAAP in the statement of income, balance sheet or statement of cash flows of the issuer; or includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. Non-GAAP financial measures should not be considered as alternatives to operating income, operating margin, net income (loss), net income (loss) per share, cash flows from operating activities and net sales as computed under GAAP for the applicable period. AGCO has included, as part of the press release, a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measure. AGCO provides income from operations, operating margin, net income (loss) and net income (loss) per share amounts that have been adjusted to exclude restructuring and business optimization expenses and amortization expense related to intangible assets acquired as part of the Company's acquisition of PTx Trimble. Restructuring expenses occur regularly in AGCO's business, but vary in size and frequency. Business optimization expenses primarily related to professional services costs incurred as part of the restructuring program aimed to reduce structural costs and enhance global efficiencies by changin
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of AGCO Corporation, issued November 5 , 2024 104 Cover Page Interactive Data File - the cover page from this current report on Form 8-K is formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AGCO Corporation By: /s/ Damon Audia Damon Audia Senior Vice President and Chief Financial Officer Dated: November 5, 2024