Unit sales of engines up 40 per cent
The rise in unit sales was driven by engines for mobile machinery – our largest application segment. We sold 72,000 engines in this segment in 2010, which was twice as many as in 2009 (35,000 units).
Unit sales across all applications and regions amounted to 167,680 engines, a year-on-year increase of around 42 per cent (2009: 117,961). We sold the bulk of them in Europe (including Germany). As our major customer AGCO Fendt relocated its head office from Germany to Switzerland at the end of 2009, it is not possible to compare our 2010 data for the distribution of unit sales and revenue between Germany and the rest of Europe with the data for 2009. We have therefore aggregated this data into one item. Unit sales for Europe as a whole amounted to 131,221 engines, which was a year-on-year increase of more than 40 per cent (2009: 93,077 engines).
There was especially strong growth in demand from the Americas, where we profited above all from the recovery in the construction equipment sector: the number of engines sold rocketed by more than 74 per cent to 21,002 (2009: 12,044 engines).
Uninterrupted upward trend in the fourth quarter
The positive trend seen throughout 2010 was reiterated in the last three months of the year – compared with both the third quarter of 2010 (up by 28 per cent) and the fourth quarter of 2009 (up by 65 per cent).