1690122 - The Krone Group increases its sales revenues to 2.2 billion euros.

Sales of Krone trailers increased by 17.8% last year and its owner said he was optimistic revenues would rise again in 2022.

Despite the pandemic, its commercial vehicles division reported sales of 1.37m euros in the year ending 31 July 2021, an increase from 1.17m euros the previous year.

During the period, Krone Group’s CV division launched the modular swap liner, accommodating two swap bodies, as well as new chassis models for containers, the cool liner, the new-generation swap body 4.0 and the electric eTrailer prototype.

In total, Krone Group generated sales of around 2.2bn euros, surpassing 2020’s 1.9bn euros.

It said 75% of this revenue was generated in markets outside Germany and 25% inside.

Bernard Krone, chairman of Krone Holding Supervisory, said: “Especially against the backdrop of the pandemic and the uncertainties that come with it, our turnover of 2.2 billion Euros is a remarkable feat.

“As we continue this strategy with consistency also in this current business year, I am very optimistic that we will be able to raise our sales revenues again. After all, corona has made it plain to all that agriculture and the transport industry are indispensable pillars of a functioning society.”