The Amazone Group recorded a turnover of €763 million in 2024. This figure is a decrease of 10.4% on the record €852 million in 2023.
Despite the drop, the Group’s performance in the market was above the industry average. Strong export activities are one of the contributing factors with exports accounting for 80% of total sales.
The French, Polish, Spanish and Chinese markets all performed well, and the acquisition of Brazilian fertiliser spreader manufacturer MP Agro gives the company a strategic partner for further growth in South America.
The company cites several reasons for this success in the generally difficult global markets. The increase in R&D expenditure is one. This has led to the development of several new products aimed at large-scale farms and contractors, including the Precea precision air drill, Pantera 7004 self-propelled sprayer, Cirrus Grand cultivator seed drill and Tyrok semi-mounted reversible plough.
“Our aim is not only to fulfil the current needs of our customers, but also to recognise the requirements of the future at an early stage and develop corresponding technical solutions and digital services,” explain Christian Dreyer and Dr Justus Dreyer (joint chairmen of the board and owners of the Amazone Group).
The production sites are also being expanded to support the company’s long term organic growth strategy. Warehouse facilities and outdoor storage space are currently being enlarged at the Leipzig facility, and a training centre for sprayers and other large-scale equipment is being built at the Altmoorhausen facility.
The global economic environment remains challenging, but the two men believe the company is still well positioned for the future. Order intake levels for the first couple of months of this year are encouraging, is the message, and they are positive about the long-term prospects.
“Due to the ongoing technological change, the increasing importance of resource-conserving production methods and the growing global population, the agricultural machinery sector remains a system-relevant component of the food supply chain,” add the two men. “We are looking forward to Agritechnica as one of this year’s focal points where we will once again be presenting many innovative ideas.”
Amazone Group staff numbers worldwide remained stable last year at around 2,500.
For more up-to-date farming news click here and subscribe now to profi and save 47%.
