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.
They say innovation is changing the way we do business and this was professionally demonstrated by the Tulloch site at National Fieldays.
Rather than the traditional site layout of a range of machines spread across a site, the Tulloch display featured a full-width facade with a life size photograph of one of Krone’s mighty forage harvesters.
Visitors entered through the ‘throat’ of the harvester into an airport-style visitors’ lounge with comfortable seating and refreshments. Those wishing to talk about particular machines in detail could move to ‘break-out’ areas where interactive screens allowed access to look at units in more detail.
“Fieldays is extremely important to us, but the traditional style of display brought with it huge transport and logistics costs,” says John Tulloch.
“And then we still couldn’t show every machine in the ranges because of limitations on site space. This concept allows us to look at all the ranges in detail in comfortable surroundings.”
Prime Minister Christopher Luxon says the red meat sector is doing an excellent job promoting our pasture-fed system around the globe.
The European Union ramped up its presence at this year's Fieldays.
Moves are underway to create a single organisation to represent the country's beekeepers.
Against all the odds, the primary sector has turned in a stellar performance with export returns for 2026 hitting $64.3 billion - up 6% on the previous year.
Farmers and growers are powering the economy with export revenue at record highs.
Analysis of decades of research has revealed the implementation of good farming practices plays a critical role in reducing nutrient losses to improve freshwater outcomes.

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