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 2026 Holstein Friesian NZ Black & White Youth Auction has once again proven the strength of support behind the breed’s young people, raising $20,130 for the HFNZ Black & White Youth programme.
Westpac NZ has become the first New Zealand bank to receive approval from the Reserve Bank of New Zealand (RBNZ) to secure and leverage kiwifruit growers' Zespri shares.
Bank of New Zealand (BNZ) and Pāmu (Landcorp Farming Limited) have developed a new way for landowners to earn revenue from existing native forests.
Despite near universal optimism in the rural sector, a panel of New Zealand’s leading food and agri minds caution that the sector must be intentional about its future path.
The dairy industry cannot rest on its laurels despite providing one in every four export dollars earned by the country, says DairyNZ chief executive Campbell Parker.
The Government is looking at intervening on behalf of Waikato farmers who face new regulations around agricultural land use while Resource Management Act (RMA) reforms are underway.

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