other material
confidence high
sentiment negative
materiality 0.40
Titan Machinery Ukraine subsidiary revenues and assets under 5% of total as conflict intensifies
Titan Machinery Inc.
- Ukraine subsidiary accounted for under 5% of total revenues and assets for nine months ended Oct 31, 2021.
- Subsidiary also under 25% of International segment revenues and assets.
- Physical assets (inventory and fixed assets) almost exclusively in central and western Ukraine.
- Company prioritizing employee well-being; actively monitoring evolving geopolitical situation.