SALES MILESTONE REACHED

Lemken, the specialist for professional arable farming, say they closed the past business year with a 22% jump in sales.

The €446 million sales volume achieved represents a record for the family business, which has a 242-year history. They have also announced that the new year started equally well with a high number of orders on their books.

“We are very proud of this result and would like to thank all our employees for their outstanding work and commitment,” said partner Nicola Lemken and CEO Anthony van der Ley.

In a statement the company announced that incoming orders have exceeded expectations. The company puts this down to farmers and contractors benefiting from consistently high producer prices and therefore investing in modern agricultural technology.

Lemken say their production was optimally maintained throughout the year, and almost all implements ordered could be delivered. The number of employees worldwide increased to 1,697.

For the current year of 2022, the manufacturer say they are concerned by the ongoing war in Ukraine, not only on an economic level, but on a human level, given the company’s long-standing relationship with this important agricultural market. It hopes that this conflict will end as soon as possible.

At the same time, the sound volume of existing orders, which extends across all other sales markets and has been further boosted by high producer prices, means that the risk arising from this conflict can be mitigated and employment remains secure at the production sites. Against this background, Lemken say they expect a consistently high level of sales this year.