Deere & Co. (DE) 2018财年年度报告「NYSE」.pdf

1、DEERE&COMPANY 2018 ANNUAL REPORT2John Deere had another strong year in 2018.Net sales and revenues climbed to$37.36 billion the second-highest level ever.Net income increased 10 percent,to$2.37 billion,or$7.24?201620172018$358$1,283$1,860201620172018$1,524$2,159$2,368201620172018$26,644$29,738$37,35

2、8The amounts shown in the charts above represent millions of dollars.NET INCOME (attributable to Deere&Company)$2.37 BILLION UP 10%NET SALES&REVENUES$37.36 BILLION UP 26%SHAREHOLDER VALUE ADDED*$1.86 BILLION UP 45%2 John Deere extended its record of strong performance in 2018.Among our achievements,

3、we launched new products with the latest technology and advanced features,expanded our market presence throughout the world,and updated the ambitious strategic plan that will guide our efforts in coming years.We also made progress integrating newly acquired companies expected to play?sales and net i

4、ncome were among the highest in company history.In 2018,Deere reported net income of$2.37 billion,?history.Net sales and revenues rose 26 percent,to?changes in the U.S.tax code reduced earnings by?cost of capital.It is our primary measure for managing the company and making investment decisions.At t

5、he same time,the company maintained?accounting for the acquisition of the Wirtgen Group,Deeres equipment operations ended the year with a healthy cash balance and relatively modest debt.?Deere devoted$2.6 billion to research and development and capital expenditures.We also returned nearly$1.8 billio

6、n to investors in the form of dividends and share repurchases.The quarterly dividend rate was?equipment,has more than met our expectations in?impact.I?construction equipment business.Similarly,our Blue River Technology operation,acquired in 2017,made good progress testing its breakthrough?The R4030