March 11, 2021
Press
Lely reports solid growth in 2020
An excellent performance in a dynamic and challenging year
Despite COVID-19, 2020 was another strong year for Lely with record-breaking sales of € 615 million (€ 606 million in 2019). This growth in turnover is a result of the continuously increasing worldwide adoption of dairy automation. Next to the established markets in Europe and North America, additional growth came from Asia and Latin America. Main driver behind this strong development was the success of the robotic products, especially the Lely Astronaut A5 milking robot. Next to milking, ever increasing numbers of farmers are now also investing in Lely’s robotic feeding and manure handling solutions. Furthermore, a growing base of installed robots also resulted in strong sales growth of consumables and services.