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AGCO Q2 profit cut by weakened demand

2015-07-28 17:03:18| Industrial Machines - Topix.net

AGCO Corp.'s second-quarter profit dropped following weakened demand for its products and $46.4 million in restructuring charges related to global job cuts. The Duluth, Ga.-based agricultural equipment maker reported sales in the period fell 24.8 percent to $2.1 billion, hurt in part by unfavorable currency translation.

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Category:Industrial Goods and Services

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