other material
confidence high
sentiment neutral
materiality 0.40
AGCO recasts segment data to isolate divested Grain & Protein business for 2023-2024
AGCO CORP /DE
- Divested G&P business (GSI, AP, Cumberland, Cimbria, Tecno) sold to A-AG Holdco Ltd on Nov 1, 2024.
- Recast shows full-year 2024 G&P net sales of $816.5M and income from operations of $75.1M reclassified to 'Other'.
- Full-year 2023 G&P net sales of $1,017.7M and income from operations of $79.2M similarly reclassified.
- Previously allocated to North America, South America, Europe/Middle East, and Asia/Pacific/Africa segments.