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Toro Co (TTC) Q1 2021 Earnings Call Transcript
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New York, Feb. 10, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Sprayer Market - Global Outlook and Forecast 2020-2025 - https://www.reportlinker.com/p06021773/?utm source=GNW
The global sprayer market has been experiencing a slew of advancements. Intelligent spraying technologies have made significant strides in the last decade as more powerful and robust sensing technologies have become readily available. Variable spray technology is widely used in crop farming, animal husbandry, horticulture, and forestry. Developed countries attach high importance to the research and development of variable execution machinery. The investment is high, and a more mature map-based and real-time sensing technology-based variable pesticide spray application system is formed. Currently, global consensus has emerged on the prospect and potential of variable-injection sprays in increasing the utilization of pesticides, reducing pesticide residues, and decreas
Operator
Ladies and gentlemen, thank you for standing by and welcome to The Toro Company Fourth Quarter and Fiscal Year 2020 Earnings Conference Call.
[Operator Instructions] I will now hand the conference over to Nicholas Rhoads, Managing Director of Investor Relations. Please go ahead.
Nicholas Rhoads
Managing Director of Investor Relations
Thank you, Sara, and good morning. Our earnings release was issued this morning and a copy can be found in the Investor Information section of our corporate website, thetorocompany.com. On our call today are Rick Olson, Chairman and Chief Executive Officer; and Renee Peterson, Vice President, Treasurer, and Chief Financial Officer.