In an environment of major global challenges, Bielefeld, Germany-based
DMG Mori AG once again achieved a good performance. Chairman Christian Thönes said: “Indeed, we are even raising our forecast for order intake again. That said, the global market for machine tools continued to be characterised by numerous exogenous challenges. In particular, the decreasing availability of gas, high inflation rates, rising interest rates, and increasing costs for raw materials, transport, and logistics — as well as energy impacted demand.”
Mr Thönes went on to say that despite the difficult market environment, order intake in the third quarter was 664.9 million euros, only slightly below (-2%) the record level of the previous year, 679.9 million euros and 12% above the high pre-Covid level of 2019, 596.1 million euros. Moreover, as of 30 September 2022, DMG Mori achieved a new all-time high in order intake — up 21% to 2,340.1 million euros (previous year 1,928.6 million euros).
He added: “Demand for our holistic, sustainable automation, and digitalisation solutions developed particularly well. Domestic orders rose to 722.5 million euros — up 23% on the previous year’s 585.8 million euros. International orders grew by 20% to 1,617.6 million euros, with the share of international orders 69%; the previous year this was 70%.
“Sales revenues increased by 11% to 573.5 million euros in the third quarter, despite the continued difficult materials and logistics situation, in particular due to the global delay in shipments; and as of 30 September 2022, sales revenues grew by 17% compared with the previous year to reach 1,697.1 million euros.
“Moreover, DMG Mori has so far been able to avoid production interruptions due to material shortages through consistent supplier and supply chain management. Domestic sales were up 24% to 567.7 million euros, while international sales were up 14% to 1,129.4 million euros for an export share of 67%; the previous year this was 68%.
Mr Thönes concluded: “As of 30 September 2022, the order backlog increased to 1,744.6 million euros due to the good development of order intake. This forms a good basis for 2023. With regard to optimising delivery times, we have implemented several measures, including the launch of our new logistics centre in Pfronten. The fully automated, digitalised supply chain cuts the material delivery from the warehouse to the assembly area from 6hr to under 60min.”
There are two companies using the name DMG Mori: DMG Mori AG, with registered office in Bielefeld, Germany; and DMG Mori Co Ltd, with registered office in Nara, Japan. DMG Mori AG is indirectly controlled by DMG Mori Co Ltd. This information refers exclusively to DMG Mori AG.