John DeereConference Call Information Slides 2007 1st

This document summarizes Deere & Company's first quarter 2007 earnings conference call. It reports a 1% increase in net income compared to Q1 2006. Worldwide agricultural equipment sales were up 10% due to higher prices and volumes, while construction and forestry equipment sales declined 7% due to lower shipments. The outlook for fiscal year 2007 predicts net sales to be up slightly with net income of around $1.4 billion, an improvement over the previous forecast.