This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Same Deutz-Fahr cierra el ejercicio 2008 con valores positivos
Same Deutz-Fahr closes the financial year 2008 with positive values
April 15, 2009
The Board of Directors of same deutz-fahr
(SDF) has approved the financial results of 2008, with a result, at the end of the year of net, of € 1,220 million turnover. This translates into an increase of almost 11 per cent over the previous year, with a significant growth in Germany (as first market of billing), and in Eastern Europe. In Italy, group is positioned as leader in the market of tractors for the fourth consecutive year, with a market share of 24%.
The increase in the rates of prices and improvements in productive efficiency have not compensated costs rise, caused by increases in raw materials and suppliers and the costs of adaptation to the legal requirements of emissions. The fall in margins has been partly offset by a careful cost control. At the same time, the greater efficiencies have made it possible to not having to modify the strategies of development of new products and investment in emerging markets (China, India and Russia).