Kubota Equipment Revenue Climbs 29% in Q1 Despite U.S. Tariff Impact
Equipment World
AI SUMMARY
Kubota Equipment reported a strong 29% revenue increase in Q1, with North American construction and farm equipment sales jumping 21.7% year-over-year. The company absorbed approximately $150 million in additional U.S. tariff costs, demonstrating solid underlying demand despite trade headwinds.
FROM THE ARTICLE
North American revenue for construction and farm equipment rose 21.7%, partially offset by $150 million in higher U.S. tariffs...
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