Krone Group Earnings Drop Despite Stable Farm Machinery Sales
While turnover was back slightly at €2.3 billion in 2024/2025 (previous year €2.4 billion), the German Krone Group saw earnings fall from €107 million to €40.1 million.
The company will also sell and support Krone Forager Harvesters across the greater Canterbury region.
The appointment further strengthens Carrfields’ agricultural machinery portfolio across the lower South Island, following its recent expansion through the acquisition of Agricentre South’s Kubota dealerships in Invercargill, Gore, and Cromwell, together with the retail distribution of Krone products in Southland, Otago and Canterbury.
With all approvals now in place, Carrfields is fully equipped to support customers with sales, service, and parts for two of the world’s leading agricultural machinery brands.
Carrfields group managing director Craig Carr says the New Year commencement date marks an important step in delivering a complete machinery offering and building on the company’s long-term growth strategy.
“Being able to officially sell Krone Forager Harvesters and Kubota Tractors is a significant milestone for Carrfields.
“These are premium global brands that strongly align with our focus on performance, reliability, and customer support. We’re excited to offer farmers and contractors even greater choice, backed by local expertise and dependable service.”
