Need to Reduce Labor Helps Lely Increase Revenues

Dairy producers in the U.S. looking to improve efficiency — or simply to handle a shortage of labor — helped one of the industry’s leading robotic dairy equipment makers to record revenues.

At a time when most ag equipment suppliers — especially those aligned with livestock production — have seen revenues decline, Lely Group increased its income stream in 2015, albeit by just 0.3% over the prior year. Net sales amounted to €619 million ($689.4…

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