17 de febrero de 2017 / 12:00 / hace 7 meses

Deere revenue rises 1.8 pct

Feb 17 (Reuters) - U.S. farm equipment maker Deere & Co reported a 1.8 percent rise in quarterly revenue, partly helped by stronger pricing.

Net income attributable to Deere fell to $193.8 million, or 61 cents per share, in the first quarter ended Jan. 31, from $254.4 million, or 80 cents per share, a year earlier.

Total sales and revenue rose to $5.63 billion in the quarter from $5.52 billion a year earlier.

Deere raised its fiscal 2017 equipment sales forecast, and said it expects sales to grow 4 percent, compared with its previous expectation of a decline of 1 percent. (Reporting by Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty)

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