Product category:
Manufacturing orders, contracts, financial reports
News Release from: Trumpf
Edited by the Manufacturingtalk Editorial
Team on 03 August 2005
Machine tool sales climb for Trumpf
Machine tool builder reports sales growth of about 14% and incoming orders growth of 12% for the 2004-5 fiscal year, while its UK company says its turnover rose by 16% in the same period.
Preliminary figures issued by Trumpf in Germany show the Group ended the 2004/2005 fiscal year with sales growth of about 14%, with consolidated sales increasing to almost EUR 1.4 billion This is the highest sales volume to date in the history of the machine tool manufacturer and laser specialist
This article was originally published on Manufacturingtalk on 13 Apr 2004 at 8.00am (UK)
Related stories
Trumpf to show fastest CNC punching machine
Trumpf will be holding their annual In Tech 2001 Open House event at their premises in Luton on 14th, 15th, 16th, 19th, 20th and 21st March.
Punch press faults interrogated remotely
Following the introduction of new WindowsT-based software, users of the Trumpf TC 500R can now benefit from Trumpf Telepresence - a remote fault interrogation service.
Incoming orders rose by about 12% to EUR 1.47 billion.
This trend was mirrored in the UK with Trumpf recording a 16% increase in turnover in the same period.
"We are extremely satisfied with the overall development".
"Despite the slumping economy in Germany, we were still able to hit double-digit growth".
"In the US and in Eastern Europe, we benefited from a very favorable investment climate".
"And Western Europe, which has suffered from a weak economy during the last three years, showed substantial improvement," commented Professor Berthold Leibinger, president of the Trumpf Group, on the regions where the company experienced growth.
The Group's machine tool business division widened its lead worldwide by recording sales of about EUR 1.2 billion.
This is an increase of about 16%.
The Trumpf Electronic/Medical Technology and Power Tools business divisions also recorded high rates of growth.
The company is expecting a considerable increase in earnings.
In the 2003/2004 fiscal year, earnings before taxes amounted to EUR 92 million.
The number of employees increased worldwide by 4% to more than 6,100.
In Germany Trumpf created 67 new jobs, outside Germany 161.
With investment in research and development running at an all time high, Trumpf continues to introduce new products to give its customers greater competitive edge.
At the forthcoming In-Tech 2005 Open House at Luton, UK, Trumpf will again be launching brand new machines.
They include the new L3040 flatbed laser whose new drive concept greatly reduces processing times and costs.
For thin sheet production increases of 30% are quite possible on this machine.
Another newcomer will be Trumpf's new robot welding cell, the TrumaWeld L1000".
""Year on year our customers expect to see new technology from Trumpf," explained Brian Lewis, UK managing director of Trumpf". Request free introductory details about products from Trumpf ...
""And at this year's Open House they will certainly not be disappointed.".
• Trumpf: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
Search the Pro-Talk network of sites
