Looking for a used or new machine tool?
1,000s to choose from
Machinery-Locator
Bodor MPU XYZ Machine Tools MPU Hurco MPU Ceratizit MPU

Lantek increases turnover by over 40% in the last three years

Posted on 20 Apr 2022 and read 1134 times
Lantek increases turnover by over 40% in the last three yearsLantek, a multinational company that develops and markets CAD-CAM/MES/ERP solutions and a pioneer in the digitalisation of companies in the sheet metal sector, has again consolidated its market-leading position following the recent announcement of its 2021 turnover.

Despite the continued pandemic, the company has set a record turnover of 26.6 million euros, increasing sales to the ‘machine tool manufacturer channel’ by 40%; and while 2020 was a record year for the company, despite the Covid-19 crisis and its tough restrictive measures. in 2021 — and in the face of the continued pandemic — the Spanish company has gone on to set a further all-time sales record, achieving total growth of 26% above 2020 levels. The number of active customers at the end of 2021 exceeded 29,000, with 3,400 new customers in 100 countries.

Lantek continued to strengthen its growth in international markets with an increase in sales volume of 42% in Asia, 13% in America and 19% in the EMEA region, while growth in countries such as Germany with 33% and Italy with 25.6% are ‘stand out’ results.

Moreover, in Italy the company further consolidated its presence with the construction of a new 1,200m2 building in Turin, has a surface area of over 1,200 m2; and to build further on its technological leadership, Lantek has already started a long-term R&D growth and investment plan that extends to 2025.

López de Biñaspre, the company’s CEO, said: “In 2022, we are making the largest investment in the history of our company. In this first phase of our ‘Strategic Expansion Plan’, we have increased our commitment to research and development by 70%. Our workforce will grow by 50%, with a special emphasis on the R&D area and our international customer service team.”