Better than expected year for Lely

Lely turnover increased by 15% last year to €702 million (2021: €611 million).

While lower than expected, the company reckons it is a good result considering the challenges of the pandemic, the discontinuation of operations in Russia and component shortages.

Lely CEO André van Troost says that the global demand for dairy produce continues to increase. “Combined with the need of dairy farmers to produce more efficiently and sustainably, the demand for our Lely robots is increasing.”

Last year, the company opened new premises in North America and expanded the Maassluis site in the Netherlands to increase production capacity to meet the growing demand for robots.

This year marks Lely’s 75^th anniversary. The order book is ‘very strong’ and the company expects further sales growth. The components situation remains uncertain, though, resulting in longer delivery times for new products.

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