Mikron achieves solid growth

Posted on 05 Apr 2019 and read 421 times
Mikron achieves solid growthAccording to provisional closing figures, the Mikron Group (www.mikron.com) achieved a year-on-year sales growth of 26.8% in 2018, while its order intake reached a record level of CHF 362.3 million.

The group began 2019 with a record order backlog of CHF 195.7 million (end of 2017: CHF 157.2 million). Both divisions (Machining Solutions and Automation) contributed to the sales growth.

Mikron Automation received orders worth CHF 200.9 million in 2018, an increase of 59.4% compared with 2017; following solid order intake in the first half, it won a number of large orders in the second half, some of which will generate sales into 2020.

That said, the group is not expecting to attract the same volume of new large orders in 2019.

The Machining Solutions division saw an increase in order intake from CHF 152.9 million in 2017 to CHF 162.2 million in 2018.

With annual sales of CHF 315.2 million, the Mikron Group exceeded the previous year’s result by 26.8%.

Mikron Machining Solutions’ sales increased by 29.6% — from CHF 124.1 million in 2017 to CHF 160.8 million in 2018 — while the Automation division posted 24.5% growth from CHF 124.6 million to 155.2 million.

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