Record turnover Pöttinger in fiscal year 21/22

Family-owned company Pöttinger from Austria has once again achieved record turnover in the financial year 2021/22. During another challenging business year (01 August 2021 to 31 July 2022), turnover increased by 25 percent to EUR 506 million.

This represents an increase of a staggering EUR 101 million and is by far the highest increase in turnover in the company's history of more than 150 years. Pöttinger does not do things by halves, but passing the half a billion mark is still very pleasing for the agricultural machinery manufacturer's 2,017 employees worldwide. The export ratio of 91 percent remained steady at this high level for many years.

In terms of machine sales, grassland equipment again performed very well, accounting for the largest share of turnover at 67 percent. In the loader wagon segment, where Pöttinger has been strong world market player for many years, the company not only achieved enormous sales growth of almost 13 percent, but also won the "Farm Machine 2022" award for the new model of the Jumbo.

The share of arable equipment in machinery sales is 33 percent and results from the success of intelligent machines for soil cultivation and seed drill technology, as well as the new crop care segment.

Another pleasing development was recorded by the Original spare parts business unit. The increase of around 12 percent is primarily attributable to the capabilities of the spare parts logistics centre, the Service team and the long-term availability of spare and wear parts.

The company has always remained true to its roots and to Austrian agriculture, something that is very much appreciated by local farm businesses. In the past financial year (2021/22) - with enormously high market shares - the share of total turnover was once again substantially increased: It amounted to an encouraging 9 percent, which means that Austria is still in third place among the countries with the highest sales.

Business outside Austria also developed very positively in different ways: Almost 60 percent of total turnover was achieved in Germany, France, Austria, Poland, USA and Switzerland. The largest individual markets are Germany with almost 18 percent and France, which accounts for almost 15 percent of turnover. It is pleasing that continued growth was achieved in both markets over the past financial year.

Other winners that stood out in terms of increase in sales of machines included the markets in the USA (+75 percent), Canada (+29 percent) and Australia (+34 percent). In several European countries such as Belgium (+52 percent), Poland (+36 percent), and Sweden and Denmark (each just +35 percent) demand has risen sharply.

A major contribution to the enormously positive international development of the company was made by the 17 sales locations worldwide and the five production plants in Europe. On average, 2,017 people from 36 different nations were employed during the past financial year, compared with 1,929 in the previous year.

Gregor Dietachmayr, Spokesperson for the Management Board, comments on the successful result: "In the end, our expectations were indeed exceeded. A challenging and demanding year with unforeseeable events is behind us, and another one is certain to follow. Flexibility, intensive work, the above-average commitment of the entire Pöttinger team and the consistent pursuit of shared objectives have paid off."