AGCO Corp (NYSE:AGCO)
$ 118.04 0.76 (0.65%) Market Cap: 8.81 Bil Enterprise Value: 10.15 Bil PE Ratio: 7.99 PB Ratio: 1.85 GF Score: 92/100

AGCO Corp at Morgan Stanley Laguna Conference (Virtual) Transcript

Sep 13, 2021 / 06:15PM GMT
Release Date Price: $128.86 (+0.66%)
Courtney Yakavonis;Andrew H. Beck
Morgan Stanley, Research Division - Research Associate;AGCO Corporation - Senior VP &amp

Welcome, everyone. I'm Courtney Yakavonis, Morgan Stanley's U.S. machine analyst. Before we begin, please note that for important disclosures, please visit the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. And if you have any questions, please reach out to your Morgan Stanley sales representative.

So next up, we have AGCO, a global manufacturer of agricultural equipment, who is best known for their Fendt, and Massey Ferguson Challenger agriculture brands. AGCO has been making several investments in precision technology over the past several years, including its acquisition of Precision Planting in 2017. And then just this morning announced the acquisition of Faromatics. And we're very fortunate to have with us today, Andy Beck, AGCO's CFO; and Greg Peterson, IR. So Andy and Greg, thanks both for joining us today.

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