Deere & Co. (DE) 2017财年年度报告「NYSE」.pdf

1、DEERE&COMPANY 2017 ANNUAL REPORT1982 50-Series with mechanical front-wheel assist In observance of the 100th anniversary of producing tractors,John Deere is connecting the pride of the past with the promise of the future.The Waterloo Boy tractor(shown on the cover ANDBELOWWAS+OHN%EERElS?RSTTRACTOR a

2、nd a key part of the companys acquisition of the Waterloo Gasoline Engine Company in 1918.The tractor continued to be sold under the Waterloo Boy name until the John Deere Model D tractor was introduced in 1923.The 100-year legacy of the John Deere tractor is one of evolution and innovation.Today,le

3、ading-edge products such as the 9620RX tractor(shown on the cover and below)further advance that legacy.Our largest row-crop tractors,the 9-Series boost farmers productivity by combining high horsepower with advanced technology.From the Waterloo Boy to the next generation of tractors,John Deere has

4、focused on delivering products that connect directly with our customers work and have a meaningful role in their lives.100 Years of John Deere Tractors The new C850 air seeding cart is THELARGESTIN%EERElSEETANDCANACCURATELYCOVERACRESPER?LLIts large 850-bushel capacity meets the needs of grain farmer

5、s with lots of ground to cover.267CHAIRMANS MESSAGEJohn Deere had another year of solid performance in 2017 as OUR?NANCIALRESULTSSTAGEDASTRONGIMPROVEMENTMONGOURACHIEVEMENTSWELAUNCHEDADVANCEDNEWPRODUCTSMAINTAINEDOURRECORDOFSTRONGEXECUTIONANDMADEPROGRESSCARRYINGOUTTHEAMBITIOUSSTRATEGICPLANTHATWILLGUID

6、EOUREFFORTSINCOMINGYEARS8EALSOMADEKEYACQUISITIONSTHATAREEXPECTEDTOPLAYANIMPORTANTROLEINOURFUTURE0NTHE?NANCIALFRONTSALESANDNETINCOMEWERETHE?FTHHIGHESTINCOMPANYHISTORY.EANWHILEINVESTORSCHEEREDOURSUCCESSBYSENDINGTHEPRICEOF%EERECOMMONSTOCKWELLINTORECORDTERRITORY0VERTHEPASTFEWYEARS%EEREHASRESPONDEDTOASEV