The company’s turnover in the 2011-12 financial year was $5.4 billion, up a whopping 37% on the previous year and more than double the 2009 figure. Total sales rose to 69,100 units, up from 51,600 the previous year.
Landpower Group chief executive Richard Wilson says the results justified JCB’s claim to number-one farm telehandler and loaders supplier in New Zealand.
“We’ve distributed JCB agricultural products for 10 years and they’ve held number one market share for just about all of that time,” he says. “The fact JCB is doing so well on a global scale gives us ongoing confidence here in New Zealand.
JCB will unveil at least 60 new products during the next 12 months. One of these is the 550-80 Loadall telehandler, which “can lift five 1-tonne square bales 8m in one lift, so it has appeal to straw and hay contactors,” says Wilson. “We’ve already recorded our first sale.”
Landpower also distributes JCB Farm Master 414 and 434 Agri-loaders, purpose-built for farming.
JCB is the world’s third largest maker of construction equipment, with 22 plants and 16 parts centres on four continents. The company has at least 10,000 employees and 770 dealers.
