Lindsay ended the quarter with total available liquidity of $249.6 million, including $199.6 million in cash and a $50 million undrawn revolver. Increased other (interest) income provided an important buffer, helping to offset operating pressures and highlighting the benefit of a strong balance sheet in a higher-rate environment. International Volatility and Brazil Weakness Weigh on DemandManagement stressed that international irrigation results were shaped by timing and macro factors rather than structural issues. Overall irrigation revenue fell 9% in Q1, and the company is not assuming a rapid rebound. Investors heard a story of stable margins, disciplined capital allocation, and strategic investment, counterbalanced by declining revenues, soft irrigation demand and lumpy infrastructure projects.

Source: The North Africa Journal January 11, 2026 00:33 UTC