12 May 1995

AGCO profits up

AGCO, the parent company of Massey Ferguson, reports a significant increase in profits and revenues for last year.

Paying tribute to MFs contribution to the corporations $1.4bn revenue for 1994, AGCOs chairman and chief executive officer, Robert Ratliff, commented: "The worldwide distribution channel and efficient manufacturing operations of Massey Ferguson provide a solid base for our continued strategy of profitable growth." &#42