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.
While the Krone Big M has set the standard for many years, sources close to Rural News, with an ear to the ground and a periscope to see over high hedges, tell us that German transport and effluent specialist Fliegl has plans to move into the sector, having recently acquired rights to the Cutaro SR 1100 self-propelled triple mower developed by Swiss company ARB-Tec.
First seen in 2022, the cutting width of up to 11m sees the mowers and conditioning units moving away from the norm by being hydraulically driven. Weighing in at only 8.5 tonnes, power is delivered by a 350hp Mercedes engine.
Rural News understands the Cutaro will be built at the same Kirchdorf plant where Fliegl manufactures the Cargos forage wagons and farm loaders. We also understand there are plans to redesign the drive unit to reduce the overall transport width from 3.5m down to 3.0m and a new source of mower decks, which are currently supplied by Claas.
Fliegl is yet to release a timescale for commercial production, but we understand that there is a plan to build a small number of pre-production machines, for testing in Europe during 2026, alongside prototypes for next month’s Agritechnica Event, where the company has booked a half-acre site.
Ashleigh Gordon and Leilani Lobb have been named as the two finalists for Dairy Women's Network's (DWN) 2026 Regional Leader of the Year Award.
Animal and Plant Health New Zealand (APHANZ) says the approval of a new fungicide seed treatment is a positive, however growers will be hoping the final approval is completed ahead of the spring season.
North Canterbury farmer Adam Williamson has been appointed DairyNZ's associate director for 2026-27.
Fonterra farmers are set for a multi-billion-dollar payout this week.
The 2026 Holstein Friesian NZ Young Breeders Development Programme is off to a strong start, with this year's intake coming together for their first event on March 18 and 19.
State farmer Pāmu (Landcorp) has announced it will pay a $10 million special dividend to the Crown off the back of a strong outlook for the business and a capital repayment of $9.5 million following Fonterra's consumer business sale.