Lely Group turnover from sales of robotic milking and feeding equipment, and associated dairy herd management systems, bounced back with a vengeance last year. The company said it recorded a remarkable 46% increase in revenues over the 12 month period to the end of December.
The turnover figure of €606 million ($655 million) is the third highest in the group’s history, lagging only the peaks of €617 million ($668 million) recorded in 2014 and €619…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
