Driving Growth and Transformation in Agriculture Technology slide image

Driving Growth and Transformation in Agriculture Technology

Continuing to Execute on Our Transformation Journey C+ • . • Where We Were: 2013 Equipment sales focus with significant majority from pivot systems Mostly North America business Small OEM aftermarket presence Where We Are: 2022 2023 Global growth driving to higher growth markets Aftermarket revenue growing at a faster pace than equipment business Bundling products and solutions drive recurring revenue Industry-leading dealer network and a robust network of strategic agri-business customers Where We Are Going: 2027E Rebranding Valley Irrigation to Valley Agriculture: aligns with breadth of expanded efforts in on-farm infrastructure, services and technology solutions for farmers Solutions focus diversifies product mix: Non-equipment sales expected to be >50% of Agriculture sales by 2027E as parts, solar and technology grow Continuing to expand internationally: expanding footprint with a focus on attractive equatorial markets with multiple growing seasons Expanding project business: seasoned team with a vast funnel of large- scale opportunities, coupled with experienced local engineers allow us to deliver turnkey solutions CONSERVING RESOURCES. IMPROVING LIFE. Valmont 22 22
View entire presentation