Despite an estimated €10 million ($11 million) hit from Covid-related expenses over the past two years, the Krone Group’s transportation and agricultural equipment businesses secured increased profits on the back of higher turnover in its 2020-21 financial year.
Despite a backdrop of continued Covid-19 related challenges, Claas Group scored a near-19% increase in net sales during the 12-month financial period to the end of September to hit another record level.
A 36% increase in revenues from sales of tractor-mounted loaders and agricultural trailer components in the third quarter is helping drive Jost Werke towards €1 billion ($1.1 billion) turnover for the first time.
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In this episode of On The Record, we examine Deere’s Population of 20-Store Dealers On the Rise. In the Technology Corner, we take a look at Carbon Robotics Developing New “Thinning” Function for LaserWeeder. Also in this episode: AGCO & Kubota Sign Right to Repair MOUs, Deere Reports Rising Large Ag Price Realization - Lower Production Costs and Dealers’ Most Pressing Concerns.