Trumpf’s sales performance in the UK for the 2018/19 fiscal year, which ended on 30 June, was as impressive as that of the overall company, with the UK operation recording an order intake of £65 million and sales of £60 million
— a 29% increase on the previous fiscal year.
The introduction of the new modular-format laser machines has been successful for Trumpf, as has the extended range of automated bending solutions.
Managing director Lee Moakes said: “We continued to see a high number of new customers and existing customers purchasing more-complex solutions.
"There was also very strong growth in bending, especially automated bending.
"Trumpf is now providing its most comprehensive package ever to ensure that customers get the best return on their investment.
"We have also increased our technical service capacity by more than 15% this year, enabling us to be prepared for the further growth of both Trumpf and UK manufacturing.”
Overall, the Trumpf Group recorded a renewed increase in sales in the 2018/19 fiscal year, although orders received and profits declined.
Sales rose by 6.1% to 3.78 billion euros, while orders received fell by 3.1% to 3.68 billion euros.
Trumpf president Nicola Leibinger-Kammüller (www.trumpf.com
) said: “As a company operating in the investment goods sector, we are particularly exposed to the impact of cyclical highs and lows; that is currently the case.
"Given the uncertainty due to the US-China trade conflict and structural change of the automotive industry, many customers have become more cautious and are postponing investments.”