Horsch has again recorded record growth figures as the business continues to increase sales in all sectors. A 19% growth over 2016 sees revenue grow to 356 million Euros for 2017. Stephen Burcham, general manager for HORSCH UK, highlights the company’s extensive product development. “As shown at the recent Agritechnica show, we continue to expand our products ranges with innovative new technology and machines. We always focus on the needs of the customers and build products that help them farm more productively.”
Horsch is among the fastest growing brands in the agricultural engineering sector with both exports and market share in Germany (10% share) rising. Eastern European contributes 53% to the turnover with outstanding sales success in the Ukraine. Western European accounts for 20% while the remaining worldwide activities are 7%. The latter is also increasing considerably due to rising demand in China and the development of production and sales facilities in Brazil and North America.
To meet the rising demands in all product sectors, Horsch is investing in all its German production sites. Employee numbers have risen to 1,600 worldwide and with incoming orders for 2018 at a high and consistent level, the business will continue to increase turnover. A completely new hall will be finished soon at the Ronneburg production site and the plant protection site in Landau will almost double production until autumn. In Russia, the new production hall of HORSCH Rus has just been inaugurated and in 2018 the Ukrainian site will be expanded. In Brazil, too, further production capacities will be established.