TFS: Farms Present Opportunities – Analyst Blog
Zacks Market Commentaries (May 8th, 2009) Writes:
Trimble Field Solutions (TFS) is the second-largest segment, contributing 23% of fiscal 2008 revenue. Revenue from the TFS segment grew nearly 50% over 2007. Primary product applications include farm tractor guidance and geographic data collection systems. The AgGPS product line contains mapping, guidance and machine controllers for use on farms or agricultural applications.The product portfolio includes EZ Steer, EZ Guide and autopilot products. Management asserts that Trimble has greater than a 25% share of the agriculture market. Geographic information system (GIS) products are used for database collection and the mapping of fixed utility assets, urban assets and natural resources. Typical applications include electrical transmission tower mapping, sewerage systems and floodwater analysis.The TFS segment grew double digits, both sequentially and year over year in the seasonally strong first quarter. Growth continues to be driven by the robust ag market, which pushed up the revenue contribution ...
Tags for this Post:
agricultural applications;, Australia, autopilot products;, Blog, Brazil, China, Europe, geographic data collection systems;, Gis, Market Commentary, North America, product applications, sewerage systems;, Stocks to Watch, Trimble Field Solutions;, typical applications, Zacks Market Commentaries
agricultural applications;, Australia, autopilot products;, Blog, Brazil, China, Europe, geographic data collection systems;, Gis, Market Commentary, North America, product applications, sewerage systems;, Stocks to Watch, Trimble Field Solutions;, typical applications, Zacks Market Commentaries


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