Rocky Mountain Dealership posted net earnings of $2.66 million in the first quarter of this year, up 52 percent from last year at the same time.
Revenue at the agricultural and construction equipment dealership company with 38 stores in its network increased 31 percent to $157.6 million from last year. Rocky Mountain handles Case and New Holland equipment.
Executive chair Matthew Campbell said the company improved new and used equipment sales and revenue from product support, such as repairs and servicing.
Of total revenue growth, $5.1 million came from improvements in dealerships owned as of last year and $31.9 million came from stores acquired since last year.
“The late spring thaw will shift some of our typical first quarter product support business to the second quarter,” Campbell said.
