Greg Peterson
Head of Investor Relations
Replay available
AGCO Corporation (NYSE: AGCO) Q3 2025 earnings conference call, held 2025-10-31. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chairman, President, and Chief Executive Officer
Senior Vice President and Chief Financial Officer
Analyst, Oppenheimer & Company
Analyst, Truist Securities
Analyst, Citigroup
Analyst, JP Morgan
Analyst, Jefferies
Analyst, R.W. Baird
Analyst, Bernstein
Analyst, BMO Capital Markets
Analyst, Morgan Stanley
Good day, and welcome to the AGCO third quarter 2025 earnings call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. In consideration of time, please limit yourself to one question and one follow-up. To ask a question, you may press star, then 1 on your telephone keypad. To withdraw your question, please press star, then 2. Please note, this event is being recorded. I would now like to turn the conference over to Greg Peterson, AGCO Head of Investor Relations. Please go ahead. Thanks, Gary, and good morning. Welcome to those of you joining us for AGCO's third quarter 2025 earnings call. We will refer to a slide presentation this morning that's posted on our website at www.aggocorp.com. The non-GAAP measures used in the slide presentation are reconciled to GAAP metrics in the appendix of the presentation. We will make forward-looking statements this morning, including statements about our strategic plans and initiatives, as well as our financial impacts, demand, product development, and capital expenditure plans, and timing of those plans and our expectations concerning the costs and benefits of those plans and timing of those benefits. We'll also cover future revenue, crop production, farm income, production levels, price levels, margins, earnings, operating income, cash flow, engineering expense, tax rates, and other financial metrics. All of these forward-looking statements are subject to risks that could cause actual results to differ materially from those suggested by the statements. These risks are further described in the safe harbor included on slide two in the accompanying presenta...