Krone reports sales over €2bn

Werlte, Germany: Krone Group has reported record turnover of €2.1bn for the year ending July 2018 up on the previous year of €1.9bn.

Over two thirds of its revenues come from commercial vehicle trailer sales, and much of this is from export markets.
Bernard Krone, managing partner, Krone Group, said: “The repeated increase in sales bears testimony of our successful strategy of positioning ourselves as a provider of excellence of comprehensive services for commercial trailers and agricultural machines.”

“Furthermore, as a medium-sized and family-run enterprise we benefit from being quick, flexible and innovative. An equity ratio of 47% gives us a solid financial foundation that gives us the entrepreneurial leeway to implement further innovations and hence continue the path of sustained growth.

“Furthermore, the diversification in commercial trailers and farm machinery offers us exceptional opportunities as we develop practical solutions for both types of products, helping our customers around the globe to meet their challenges.

“A rapidly growing world population calls for an increased and more efficient food production and this inevitably involves an increase in freight transportation. Digitisation plays a key role in this context. Already today, Krone provides a wide range of future-oriented solutions for smart farm machines and smart trailers already today.”

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