DMG Mori AG reports record Q1 for order intake; parent unveils new technology

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​The German arm of global machine tool giant DMG Mori, DMG Mori AG, has reported a record order intake for the first quarter of the year, with the firm breaking the €800 million mark for the first time. And the Japanese parent has revealed early details of new technology involving AI and automation.

A boost of 18% saw DMG Mori AG notching up an order intake figure of €821.8m [£721m] (previous year: €693.9 million), while sales revenues also grew, by 9%, hitting €581.8 million (€533.9 million the previous year).

Chairman of the Executive Board Christian Thönes said: "At the moment, we have the wind in our sails. DMG Mori has achieved historical record figures in order intake, sales revenues, earnings and free cash flow. For the full year we are confident, however, there are many geopolitical uncertainties at present.”

Domestic orders grew by 21% to €251.7m (previous year: €208.6m); international orders amounted to €570.1m (+17%; previous year: €485.3m); and the share of international orders was 69% (previous year: 70%).

On 31 March 2018, the DMG Mori AG order backlog amounted to €1,541.9m [£1,353m] (31 Dec 2017: €1,309.1m). The high order backlog and the very high capacity utilisation at the production plants have led to long delivery times, admits the company, but it says it is “counteracting this development with stronger flexibility measures and sound business relationships to our partners and suppliers”.

DMG Mori Co Ltd, Japan, is the major shareholder in DMG Mori AG, and the Japanese operation consolidates its subsidiary’s results into its own (full presentation at link below). The company has reported consolidated order intake for Q1 as ¥138.5bn/€1,039m [£954m] and sales of ¥113.8bn [£784m].

The company has also revealed plans for robot-based automation under the heading MATRIS - Module Automation Transfer Robot Intelligence System. Features of this are stated as: great modularity for easy installation; no complex programming, with an in-house E-box MAPPSConnected set-up; and flexible retrofit after delivery. In the PDF released with the Q1 results, this is shown alongside a CMX 600V vertical machining centre.

Another technological development unveiled is AI/deep learning-based thermal compensation for turning machines, with this going by the name ‘Ultra thermal precision’. It employs machine-embedded sensors and AI on the CELOS control system.