Landini Rex 4 vineyard tractor series debuts in NZ
The Landini Rex 4 Series, recently released in New Zealand, is designed with vineyards in mind.
For the period, new orders increased by 30.7% to €1.034 billion and revenue climbing by 15.0% to €1.007 billion, giving an EBIT margin of 4.7%.
The company claims the integration of new lines of business and a rigorous cost-cutting programme is enhancing its long-term competitiveness.
Along the way, acquisitions include gen-set manufacturer Blue Star Power Systems and the integration of selected Daimler Truck engines from Rolls-Royce.
Deutz is predicting that for the full year, there will be a modest general recovery, delivering a total revenue of between €2.1 and €2.3 billion.
Read More:
- Landini Rex 4 vineyard tractor series debuts in NZ
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- AGCO and SDF join hands
