Krone reports 77% rise in sales

Spelle, Germany: Commercial vehicle trailer and agricultural machinery maker Krone reports a 77% increase in sales for the financial year 2010/11.

The Commercial Trailer division generated sales worth €775m, the best performance within the group. After experiencing a substantial drop in sales in the wake of the financial crisis, the division’s latest performance reflects an increase of nearly 150%.

“Admittedly, these numbers superficially look impressive. Yet, put in perspective, the current results of commercial trailers are just comparable with the division’s 2006/2007 results,” says Bernard Krone, managing director.

Commercial vehicle trailer sales at Krone jumped 150% generating sales worth 775m

The Agricultural Machinery division anticipates a 24% growth in sales volume to €405m while Trade and Services business is up nearly 22%, passing the €100m mark for the very first time.

“Although some numbers sent in from our foreign subsidiaries are not final numbers as yet, the data presently available suggest €1.2bn in revenues, a result that translates into a stunning 77% increase over the previous year”, says Bernard Krone.

He attributes Krone’s success to “an innovative product line, the sound financial situation and an outstanding customer loyalty”.

The audited balance sheet is available in Krone’s Annual Report 2010/2011 to be published within the next few weeks.

A report on Krone’s trailer developments is published in Cold Chain News September/October issue available 1 September.


Daimler Trucks goes electric

Stuttgart, Germany: Daimler Trucks plans a range of electric trucks for urban distribution and long-haul transport and has launched a concept vehicle to demonstrate the …


Krone boosts telematics services

Werlte, Germany: Trailer maker Krone and Shippeo, which makes automated tracking systems, have partnered to provide real-time estimated time of arrival (ETA) for Krone’s trailer …


European Cold Chain Conference set for Rotterdam in November

Rotterdam, Netherlands: The 23rd GCCA European Cold Chain Conference is scheduled for 23 – 25 November 2020 at the Hilton Rotterdam. The conference for temperature controlled professionals will see …


Polish pharma firm opens new warehouse

Głogów. Poland: Polish pharmaceutical company Arra Group has opened a new temperature-controlled warehouse in Poland near Poznań. The company says the warehouse is in a …



  • Cold Chain Insight
    Cold Chain Insight into Energy, 16-20 November – the first of the new virtual insight series

Latest Tweets

This year's Cold Chain Leaders report (formerly Top 25) shows that @Culina_Group took the number one slot. Read what the chief execs say about 2020 plus tables on turnover, fleet size etc: #logistics #SupplyChain #Coldchain

© 2020 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ