February 26, 2023
Deere & Co., Moline, Ill., reported first quarter net income of $1.959 billion, compared to $903 million the year before. The company expects net income for fiscal 2023 to be between $8.75 billion and $9.25 billion.
H&E Equipment Services, Baton Rouge, La., reported fourth quarter 2022 total revenue of $353.1 million compared to $281.3 million in the fourth quarter of 2021. Total equipment rental revenues for the 2022 fourth quarter were $275.7 million, a 35.3 percent increase compared to $203.7 million in the fourth quarter of 2021. Total revenue for the 2022 full year was $1.24 billion, up from $1.06 billion in 2021. Equipment rental revenue for 2022 was $956.0 million compared to $729.7 million.
Haulotte, L’Horme, France, earned €180.6 million (US$191.1 million) in revenue during the 2022 fourth quarter, up 24 percent compared to the 2021 fourth quarter. Revenue for the 2022 full year was €609.7 million (US$645.2 million), up 18 percent compared to €495.8 million (US$524.6 million) in 2021.
