Swiss grinding machine manufacturer Studer recorded the third-best year since its establishment despite the pandemic in 2020, boosted by strong orders at the start and end of the year, it reported during an online press conference.
The United Grinding Group company has withstood Covid-19 and the downturn, and overall, it notes the situation is “considerably better” than during the financial crisis 10 years ago.
The company has reacted to drops in sales with an annual work-hour model and where necessary, with short-time working. Major developments have been continued and the product portfolio further developed.
The UK is an important market for Studer, and it has seen a continued recovery.
According to managing director CSO Sandro Bottazzo, the start to 2021 was “promising” with a strong order intake in March and in the first quarter, it had one of the strongest order books in the past few years in the UK with figures actually better than the same quarter last year.
He says: “We had in the UK a strong order intake with our internal grinding machines, but even with our top range universal grinding machine, the S41.
“In addition, we have also received orders for our conventional grinding machines. In general, we benefit from our broad portfolio of universal external, internal, production and conventional grinding machines. We are able to fulfil all cylindrical grinding requirements from entry level to the high-end.”
Bottazzo says it plans on growing its UK business and is expanding the country team. “We have an ambitious growth and market share target in UK, and believe strongly in the UK market. Therefore, we are investing further in our sales and service capabilities. We will further search and hire service technicians for the UK market,” he explains.
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