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.
Forestry Minister Todd McClay has today congratulated the winners of the 2026 Growing Native Forests Champions Awards at Fieldays.
The Government has announced $60,000 to provide one-off grants of $1,000 to each of the 60 New Zealand Young Farmers (NZYF) clubs across the country.
New Zealand’s rural sector has once again demonstrated its generosity, with the second Rural Industry Leaders Dinner, Debate and Auction raising an impressive $400,000 for the Rural Support Trust.
There has been another twist to the Federated Farmers annual election fiasco.
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.
Yesterday the Government used the opening of Fieldays to announce a major investment, as part of its Land Use Flexibility package, to support a more productive and sustainable future across six sectors including dairy.