Preliminary calculations show sales for 2016/17 amounted to €3.1 billion (up from €2.8 billion in 2015/16). Orders received rose to €3.4 billion (up from €2.8 billion in 2015/16) – an increase of 21.1%.
Trumpf says that Germany was the biggest single market with sales of €642 million. This was followed by the US, which generated sales of €416 million and China, which generated €398 million.
In addition, sales in South Korea rose by 57% to reach €209 million, while in Europe, Italy was up 34% on the last fiscal year and the Netherlands was up 55%.
Trumpf subsidiary HÜTTINGER in Freiburg also had a good year, recording sales of €118 million – an increase of 52% on the previous fiscal year.
The number of employees in the Group rose by 6% to reach 12,000.
Says Trumpf chief Nicola Leibinger-Kammüller (pictured): “In many markets, we exceeded our targets, with an equal contribution from all our products. But we know that the current investment climate has been influenced by external factors such as the euro exchange rate and raw materials prices.”
As far as political developments and their impact on the market is concerned, Leibinger-Kammüller was pleased to report that there has been hardly any impact so far on business in Europe and elsewhere.
She says: “In many cases, political uncertainties have simply not affected the economic situation. It’s clear that customers and suppliers have learned to respond to the increased volatility with a high degree of flexibility.”
