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For Immediate Release
Tuesday, July 30, 2019
Vice President, Investor Relations
Reported regional sales results(1): North America 3.1%, Europe/Middle East (“EME”) (5.7)%, South America (15.4)%, Asia/Pacific/Africa (“APA”) (6.7)%
Constant currency regional sales results(1)(2): North America 3.6%, EME 0.2%, South America (9.7)%, APA (0.8)%
Operating margin improvement of over 160 basis points vs. second quarter of 2018
Regional operating margin performance: North America 8.3%, EME 14.3%, South America (3.8)%, APA 4.3%
Full-year net sales projection decreased to reflect reduced market outlook
Full-year outlook for net income per share increased
Dividend increased approximately 7% to $0.16 per share, effective second quarter 2019
Repurchases reduced outstanding shares by approximately 0.9 million in the first half of 2019
The following information was filed by Agco Corp De (AGCO) on Tuesday, July 30, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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