German industrial machine supplier, Trumpf, has released preliminary figures for its fiscal year 2022/23.
In its centennial year, revenue reached an all-time high of 5.4 billion euros, up by 27% on the previous year.
In the domestic market of Germany, revenue rose sharply by more than 30% to some 770 million euros (previous year: 589 million euros). In the US, Trumpf continued the strong growth of the previous year, posting revenue of some 900 million euros (previous year: 649 million euros). The strongest Asian market was China with revenue of some 600 million euros (previous year: 575 million euros).
The company is starting the new fiscal year with a bulging order book: order intake once again surpassed the five-billion-euro mark at 5.1 billion euros, but were down by some 9% on the peak level of the previous year. (Fiscal year 2021/22: 5.6 billion euros).
Nicola Leibinger-Kammüller, chief executive officer of Trumpf, commented: “Despite ongoing difficult conditions, we achieved an outstanding fiscal year in our centennial. Nevertheless, we have been witnessing a decline in orders in recent months due to the global economic slowdown. As such, we are entering the new fiscal year with due caution in spite of a solid order book.”
The group’s headcount has now risen to around 17,900, including some 8,800 employees in Germany; approximately 5,800 work at the company’s headquarters in Ditzingen.
Trumpf
www.trumpf.com/en_gb
