{"id":159993,"date":"2023-06-08T08:00:00","date_gmt":"2023-06-08T00:00:00","guid":{"rendered":"https:\/\/www.mediaintel.asia\/?p=919491"},"modified":"2023-06-08T08:00:00","modified_gmt":"2023-06-08T00:00:00","slug":"historical-record-in-sdf-with-e1803-million-in-revenue-in-2022","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2023\/06\/08\/historical-record-in-sdf-with-e1803-million-in-revenue-in-2022\/","title":{"rendered":"Historical record in SDF with \u20ac1,803 million in revenue in 2022"},"content":{"rendered":"
\"MediaIntel.Asia\"<\/a><\/div>\n

italian multinational sdf One of the world\u2019s 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.
\nAccording 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.
\nEBITDA in 2022 also reached an all-time high of \u20ac199 million, or 11.1%, compared to 10.8% in 2021. This is the highest EBITDA ever recorded by this Italian group based in Treviglio \u2013 Bergamo. And all this despite the volatile global scenario of 2022 due to the war in Ukraine affecting the Group\u2019s operations by limiting the availability of components and significantly increasing energy costs.
\nThe 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.
\nMajor factors for growth and acquisition of VTbot
\nThe 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.
\nTechnological 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\u2019s production volume increased by 5%.
\nThe multinational company\u2019s 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\u2019s range of specialty tractors, a segment in which SDF maintains leadership in Italy.
\ncommunity initiative
\nIn 2022, the Group will hire 158 new direct employees between the office and the Treviglio plant, bringing the Group\u2019s workforce in Italy to 1,462 (up 9% compared to 2021) and the global workforce to 4,462 (+7%).
\nFurthermore, for the Treviglio site, the necessary authorizations were obtained and preparatory work is being completed for the start-up of the \u2018SAM Campus\u2019 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.
\nMarket
\nHas 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.
\nThe 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.
\nSDF 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\u2019s 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.
\nIn China, the brand\u2019s 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.
\nIn 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.
\ninnovation
\nIn 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.
\nSignificant 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 \u2018Business Intelligence\u2019 tools across most corporate functions
\nInnovation in agriculture from monitoring activities, to further digitization of SDF Group\u2019s 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.
\nIn terms of product development, SDF allocated significant resources to a series of projects with two main objectives:<\/p>\n

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

italian multinational sdf One of the world\u2019s 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, …<\/p>\n","protected":false},"author":253,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[934,144,671,477,194,484,1367],"tags":[2762,10417,2210,2086,10324,3942,10352,7654,2127,3574,10315,3563,10393,10328,7327,7504,10400,10351],"class_list":["post-159993","post","type-post","status-publish","format-standard","hentry","category-agriculture","category-china","category-finance","category-investment","category-news-chinese-law","category-united-states","category-usa","tag-acquisition","tag-alcoholic-beverage","tag-america","tag-australia","tag-covid-19","tag-europe","tag-european","tag-france","tag-import","tag-italy","tag-media-intelligence","tag-new-zealand","tag-north-america","tag-pandemic","tag-revenue","tag-robotics","tag-turkey","tag-war"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/159993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/253"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=159993"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/159993\/revisions"}],"predecessor-version":[{"id":159995,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/159993\/revisions\/159995"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=159993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=159993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=159993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}