Deere sees FY23 Production and Precision Ag net sales up 20%

Sees operating margin for the segment 23.5%-24.5%. Sees Small Ag and Turf net sales flat to up 5%, with an operating margin of 14.5%-15.5%. Sees Construction and Forestry net sales up 10%-15%, with an operating margin of 17%-18%. Sees FY23 financial services net income about $820M. Comments taken from Q1 earnings conference call.