Pöttinger reports record turnover

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In the financial year 2017/2018 the Austrian family-owned Pöttinger finished the year with a record turnover of EUR 354 million – an increase of 15 percent on the previous year.

Pottinger attributes this result to its 1775 employees and their consistent attention to customers’ needs and the company’s ability to innovate.

59 percent of turnover is from the grassland sector, followed by tillage and seed drill technology, where Pöttinger achieved a growth of 16 percent in both segments. There was strong growth in the ploughs and seed drills sector thanks to the many new product innovations.

This was the first financial year that the new spare parts logistics centre was in full operation. That also had a positive effect on capacity with growth in spare parts sales at four percent.

Consistent development in international markets is a key element to the company’s success and the company believes this will be the basis for successful ongoing growth. This is also shown by an export share of 90 percent.

Around 60 percent of total turnover is achieved in Germany, France, Austria, Poland, Switzerland and Czech Republic. Germany has a share of around 20 percent and France 14 percent making them the largest and most important single markets for Pottinger.

At around  10 percent of total turnover, Austria is still one of the strongest markets and as the home market also has huge significance.

Excellent growth in machine sales in Poland and in Baltic States have far exceeded expectations. The sales organisation recently merged to form PÖTTINGER Scandinavia and it finished the year with a very pleasing result. Sweden doubled turnover and the Benelux region also increased turnover by half.

“Pöttinger is an Austrian family-owned company that develops its products to deliver reliability, cost effectiveness and excellent working results. We thrive on agricultural technology in all its aspects. With investments in our production plants as well as in our technology, together with our strong, motivated team of dedicated employees and the reliable partnership we enjoy with our customers, we are well equipped to keep heading for the top,” says Gregor Dietachmayr, Spokesperson for the Management Team.

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