Profits at crop sprayer and sugar beet harvester maker Exel Industries plunged almost 90% last year as revenues declined in all its operating sectors and the group made significant provisions for re-organization.
Sales of big ticket sugar beet harvesters led the way in lifting the Grimme group’s revenues during its 2017 financial year as new products and a reorganized sales approach attracted professional operators to the German-built machines.
An effective response to a record order book for new sugar beet harvesters, together with continuing international sprayer sales recovery, helped French equipment manufacturer Exel Industries post record fourth quarter revenue growth.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.