Trumpf reports largest sales increase in its history

The company recorded sales of €2.025 billion in the 2010/11 fiscal year, an increase of 51% versus last year's €1.340 billion. "This past fiscal year was the second most successful year in our company's history," said company president Nicola Leibinger-Kammüller, in presenting the preliminary figures. "We succeeded in closing the gap to the record earnings posted before the financial crisis." In fiscal year 2007/08, Trumpf posted sales valued at €2.144 billion. Ms Leibinger-Kammüller explained: "In view of the fact that the worldwide financial crisis brought the German manufacturing industry to its knees, these figures are good news." In fact, for the 2010/11 fiscal year, Trumpf took orders at a level that was at an all-time high - €2.22 billion - exceeding the €2.15 billion posted for the pre-crisis benchmark year 2007/08. "We are expecting profits to hit triple digits in the millions," she added. The number of employees rose to 8,550, with the company having about 500 positions worldwide requiring to be filled. It says it is seeking engineers, technicians and software developers, among others. Trumpf will announce final figures at its annual press conference on October 19, 2011.