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.
German manufacturer Krone has opened a new testing facility at its Lingen site.
The Future Lab complex, built in just under a year at a cost of €20million, covers around 30ha and houses 30 staff.
It will be used as a validation comples to allow the company to test machinery, but also to prove supplier componentry before it is installed into Krone products.
On-site, a 4,000 square metre building houses three large-scale test benches - two for servo-hydraulic testing and another to monitor performance levels.
There are also facilities to test components, sub-assemblies, electronic systems and software applications.
A further department is available to test transmissions - particularly conducting 'lifetime usage' evaluations. This is before these are incorporated into products such as the Big X foragers, Big Pack balers and the recently released Premos pellet harvester.
Making the most of the latest energy saving technologies, the building features solar panels for electricity generation.
The indoor facilities are complemented by a 1.1km test track that offers gradients up to 18% that will be used for driving tests, homologation procedures and software validation.
"The facility will provide us with excellent opportunities to explore the industry's rapidly emerging technologies, such as autonomous driving strategies," says Krone Group chair Bernard Krone.
In other Krone news, following on from the Big X 480, 530, 580 and 630 models being configured to a 3.0m transport width as far back as 2013, the larger 680, 780, 880 and 1180 models are to follow suit, courtesy of a new 680/80 R38 front tyres option.
Compatible with all types of headers, using the optional transport running gear for the XCollect maize header, all Big X models now stay within the bounds of maximum permissable axle load ratings, according to the company.
The New Zealand red meat sector has signed an open letter to parliamentarians from BusinessNZ, urging swift ratification of the India-New Zealand Free Trade Agreement (FTA).
Wools of New Zealand is joining calls for New Zealand to urgently ratify a Free Trade Agreement with India.
Fonterra says Richard Allen will succeed Miles Hurrell as its new chief executive.
Cyclone Vaianu is continuing its track south towards the Bay of Plenty, bringing with it destructive winds, heavy rain, and large swells, says Metservice.
While Cyclone Vaianu remains off the East Coast of New Zealand, the Waikato Civil Defence Emergency Management (CDEM) Group says impacts have been felt overnight.
A Local State of Emergency has been declared for the Waikato for a period of seven days as the region prepares for Cyclone Vaianu to hit the area.

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