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Krone reports explosive growth in trailers

Spelle, Germany: Krone group’s commercial trailers division saw annual sales rise 9% to €878 million for the year 2011/2012 over the previous year. The division continues to account for the largest share in the group sales. Overall, Krone’s group turnover stood at around €1.4 billion for the year.

Krone manufactured around 27,000 trailers in the past financial year, most of which were marketed in Germany (34%), followed by Scandinavia (23%), central Europe (22%) and eastern Europe (21%).

“Once again the group reports a remarkable result for fiscal 2011/2012, which is owed to our innovative products, our sound financial situation and the outstanding loyalty of our customers,” said managing partner Bernard Krone.

“With both the agricultural machinery and commercial trailers industries being definitely industries of the future, we anticipate a moderate growth from the existing high sales level for the current fiscal year.”