Trumpf Group figures show strong performance

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Trumpf Group has reported sales growth of 18 per cent for the the year 2006/2007 to 30 June

Sales for the year were valued at €1.94 billion and orders received increased by about 16 per cent to €2.05 billion - all figures are preliminary, with final figures to be announced in October. The strongest gains came from Eastern Europe and Germany. Also Western Europe and Asia enjoyed a considerable upswing. All five business fields contributed to the company’s growth. “Our products and services provided the right solutions to the needs of our customers. Also, we invested heavily in expanding our business so that we are in closer proximity to our customers all over the world. All efforts in the coming year will be linked to this goal,” said Dr Nicola Leibinger-Kammüller, president of the Trumpf Group. Investments rose by 73 per cent to €164 million, with the company primarily investing in its locations in Germany, North America and Asia. In May, the company announced that it will be expanding its corporate headquarters in Ditzingen, Germany, by a third by 2009. Overall, the number of employees grew by 12 per cent to 7,300 worldwide. The company created most of the new jobs in Germany and Eastern Europe. In Germany, the company employs 4,300 people, a growth of 7 per cent over the previous year.