Third Quarter 2021 Investor Relations Handout
Very good development despite increasing challenges
Kuhn Group: Outlook for 2021
Strong demand for agricultural machinery due to various government support programmes, good prices for
agricultural products and high demand for them especially from China and overall favourable weather conditions;
in addition, larger orders and early order placement because of dealers' low inventory levels
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North America: Marked improvement following several difficult years
Europe: Market conditions good in the dairy and livestock industry as well as in the arable sector
Brazil: Agricultural producers extremely eager to invest due to very good margins
Higher costs in second half of the year because of increasing challenges in production and
the supply chain
For 2021: Marked rise in sales compared with 2020; thanks to good capacity utilisation
and price increases also marked increase in operating profit margin to double-digit level
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Third quarter 2021 - Investor relations handout Autumn 2021 Public
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