Worldwide net sales and revenues increased two percent to $6.562 billion for the second quarter, compared with a year ago, and increased four percent to $10.764 billion for the first six months. Net sales of the equipment operations were $6.029 billion for the quarter and $9.720 billion for six months, compared with $6.019 billion and $9.546 billion for the respective periods last year.

Strong operating performance and positive customer response are continuing to drive Deere’s results, Robert W. Lane, chairman and chief executive officer, said.

“Exciting new equipment and services, which employ advanced technology and productivity enhancements, are attracting customers and promoting an expanded market presence for John Deere throughout the world,” he said.

Excluding the effect of currency translation and price changes, worldwide equipment sales were down one percent for the quarter and up one percent for six months. On a reported basis, equipment sales in the U.S. and Canada increased two percent for the quarter and five percent for six months. Outside the U.S. and Canada, sales for the quarter and six months increased by one percent excluding currency translation, but were down four percent as reported for both periods.

Deere?EUR??,,????'???s equipment divisions reported operating profit of $786 million for the quarter and $1.047 billion for six months, compared with $856 million and $1.118 billion for the same periods last year. Operating profit for the quarter and for six months was negatively affected by planned lower manufacturing volumes and higher raw material costs. Results for both periods benefited from improved price realization and lower retirement benefit costs.