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Historical record in SDF with €1,803 million in revenue in 2022
Aggregated Source: ChinaLegalBlog.com
MediaIntel.Asia

italian multinational sdf One of the world’s leading manufacturers of tractors, agricultural machines, combine harvesters and diesel engines, reported unprecedented year-on-year growth in its revenue and EBITDA in both percentage and absolute values, after its Board of Directors approved the consolidated results Announced for FY 2022.
According to their data, the revenue generated from the sale of 40,207 tractors and combines was 1,803 million euros, representing a 22% increase from 1,481 million euros in 2021 and a 42% increase from 1,268 million euros. 2019, the last year before the COVID pandemic.
EBITDA in 2022 also reached an all-time high of €199 million, or 11.1%, compared to 10.8% in 2021. This is the highest EBITDA ever recorded by this Italian group based in Treviglio – Bergamo. And all this despite the volatile global scenario of 2022 due to the war in Ukraine affecting the Group’s operations by limiting the availability of components and significantly increasing energy costs.
The net financial position was ended with a debt of 75 million Euros, representing a decrease of approximately 47 million Euros (-38%) compared to the previous year. This value confirms the substantial improvement and financial stability achieved by the Group in 2022.
Major factors for growth and acquisition of VTbot
The group highlights that the significant increase in turnover seen in 2022 is a result of the strategic plan for 2020-2025 focused on the development and production of technologically advanced tractors and agricultural machines. Increased penetration into non-EU markets, which represent 37% of sales, and the implementation and use of digital tools have allowed for more efficient and connected business management.
Technological innovations and new product launches in the high horsepower segment have contributed significantly to the 24% average price of tractors sold, which is only partially attributable to the inflation-driven price increase (+10%), while, in parallel, The group’s production volume increased by 5%.
The multinational company’s continued focus in the wine sector has also contributed to the growth, where sdf Further strengthens its presence with the acquisition of majority stake in July 2022 VTbot, French company specialized in electric robotics and autoguidance systems for vineyards. This acquisition has been strategic to complement the Group’s range of specialty tractors, a segment in which SDF maintains leadership in Italy.
community initiative
In 2022, the Group will hire 158 new direct employees between the office and the Treviglio plant, bringing the Group’s workforce in Italy to 1,462 (up 9% compared to 2021) and the global workforce to 4,462 (+7%).
Furthermore, for the Treviglio site, the necessary authorizations were obtained and preparatory work is being completed for the start-up of the ‘SAM Campus’ project, which will have a global investment of 25 million euros and will be completed in 2027. The main objectives of this architectural project are the construction of a parking area, new changing rooms and office buildings for the staff in a total of 4,000 square meters.
Market
Has allowed the launch of new strategic products sdf Europe grew significantly, where revenue reached 1,132 million euros (up 16% compared to 2021). In addition, the presence in non-European markets was strengthened, notably in China and Turkey, where the group has dedicated local production plants.
The new subsidiary in Ukraine achieved good results despite the war. SDF market share is set to stabilize at around 15% through 2022, which is significantly higher than the 5% average seen in recent years.
SDF improved its market share in Turkey from 9.7% in 2021 to 11% (+13.2%) in 2022, registering a turnover of 194 million euros (up 34% from 2021 sales). The Turkish subsidiary’s performance has been supported by investment in the production plant, increasing from 269 employees in 2021 to 456 in 2022, along with a substantial increase in local hiring.
In China, the brand’s market presence is strengthened deutz fahr With the introduction of new mid-range models (50-90 CV) and the consolidation of the high power range ( >200 CV). These activities represented a 44% increase in sales compared to 2021, leading to revenues of 151 million euros in 2022.
In other non-European markets, such as Australia, New Zealand and North America, where SDF products are marketed as imports, total turnover reached 326 million euros, up 30% on the previous year.
innovation
In 2022, the group promotes research with an investment of 60 million in research and development and dedicates 3.3% of revenue to new products, digitization and the implementation of new technologies for precision agriculture.
Significant changes were also made to the organizational structure to enable more effective digital management of workflows and projects. Launched a new CRM service in collaboration with Commercial Networks and implemented new ‘Business Intelligence’ tools across most corporate functions
Innovation in agriculture from monitoring activities, to further digitization of SDF Group’s product range, development of tractors and connected agricultural machines and enhancing the portfolio of digital products of SDF Smart Farming Solutions, developing applications that help customers in all aspects of agriculture was embodied. Only for the efficient management of the farm.
In terms of product development, SDF allocated significant resources to a series of projects with two main objectives:

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

Original URL: Click here to visit original article





Historical record in SDF with €1,803 million in revenue in 2022
Aggregated Source: ChinaLegalBlog.com
MediaIntel.Asia

italian multinational sdf One of the world’s leading manufacturers of tractors, agricultural machines, combine harvesters and diesel engines, reported unprecedented year-on-year growth in its revenue and EBITDA in both percentage and absolute values, after its Board of Directors approved the consolidated results Announced for FY 2022.
According to their data, the revenue generated from the sale of 40,207 tractors and combines was 1,803 million euros, representing a 22% increase from 1,481 million euros in 2021 and a 42% increase from 1,268 million euros. 2019, the last year before the COVID pandemic.
EBITDA in 2022 also reached an all-time high of €199 million, or 11.1%, compared to 10.8% in 2021. This is the highest EBITDA ever recorded by this Italian group based in Treviglio – Bergamo. And all this despite the volatile global scenario of 2022 due to the war in Ukraine affecting the Group’s operations by limiting the availability of components and significantly increasing energy costs.
The net financial position was ended with a debt of 75 million Euros, representing a decrease of approximately 47 million Euros (-38%) compared to the previous year. This value confirms the substantial improvement and financial stability achieved by the Group in 2022.
Major factors for growth and acquisition of VTbot
The group highlights that the significant increase in turnover seen in 2022 is a result of the strategic plan for 2020-2025 focused on the development and production of technologically advanced tractors and agricultural machines. Increased penetration into non-EU markets, which represent 37% of sales, and the implementation and use of digital tools have allowed for more efficient and connected business management.
Technological innovations and new product launches in the high horsepower segment have contributed significantly to the 24% average price of tractors sold, which is only partially attributable to the inflation-driven price increase (+10%), while, in parallel, The group’s production volume increased by 5%.
The multinational company’s continued focus in the wine sector has also contributed to the growth, where sdf Further strengthens its presence with the acquisition of majority stake in July 2022 VTbot, French company specialized in electric robotics and autoguidance systems for vineyards. This acquisition has been strategic to complement the Group’s range of specialty tractors, a segment in which SDF maintains leadership in Italy.
community initiative
In 2022, the Group will hire 158 new direct employees between the office and the Treviglio plant, bringing the Group’s workforce in Italy to 1,462 (up 9% compared to 2021) and the global workforce to 4,462 (+7%).
Furthermore, for the Treviglio site, the necessary authorizations were obtained and preparatory work is being completed for the start-up of the ‘SAM Campus’ project, which will have a global investment of 25 million euros and will be completed in 2027. The main objectives of this architectural project are the construction of a parking area, new changing rooms and office buildings for the staff in a total of 4,000 square meters.
Market
Has allowed the launch of new strategic products sdf Europe grew significantly, where revenue reached 1,132 million euros (up 16% compared to 2021). In addition, the presence in non-European markets was strengthened, notably in China and Turkey, where the group has dedicated local production plants.
The new subsidiary in Ukraine achieved good results despite the war. SDF market share is set to stabilize at around 15% through 2022, which is significantly higher than the 5% average seen in recent years.
SDF improved its market share in Turkey from 9.7% in 2021 to 11% (+13.2%) in 2022, registering a turnover of 194 million euros (up 34% from 2021 sales). The Turkish subsidiary’s performance has been supported by investment in the production plant, increasing from 269 employees in 2021 to 456 in 2022, along with a substantial increase in local hiring.
In China, the brand’s market presence is strengthened deutz fahr With the introduction of new mid-range models (50-90 CV) and the consolidation of the high power range ( >200 CV). These activities represented a 44% increase in sales compared to 2021, leading to revenues of 151 million euros in 2022.
In other non-European markets, such as Australia, New Zealand and North America, where SDF products are marketed as imports, total turnover reached 326 million euros, up 30% on the previous year.
innovation
In 2022, the group promotes research with an investment of 60 million in research and development and dedicates 3.3% of revenue to new products, digitization and the implementation of new technologies for precision agriculture.
Significant changes were also made to the organizational structure to enable more effective digital management of workflows and projects. Launched a new CRM service in collaboration with Commercial Networks and implemented new ‘Business Intelligence’ tools across most corporate functions
Innovation in agriculture from monitoring activities, to further digitization of SDF Group’s product range, development of tractors and connected agricultural machines and enhancing the portfolio of digital products of SDF Smart Farming Solutions, developing applications that help customers in all aspects of agriculture was embodied. Only for the efficient management of the farm.
In terms of product development, SDF allocated significant resources to a series of projects with two main objectives:

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.

Original URL: Click here to visit original article