Looking for a used or new machine tool?
1,000s to choose from
Machinery-Locator
XYZ Machine Tools MPU Hurco MPU Bodor MPU Mills CNC MPU 2021 Ceratizit MPU

Trumpf posts record revenue in its anniversary year

Posted on 22 Aug 2023 and read 878 times
Trumpf posts record revenue in its anniversary year In its centennial year, the Trumpf Group delivered considerable revenue growth. Based on preliminary calculations, revenue in the fiscal year 2022/23 came in at 5.4 billion euros (2021/22: 4.2 billion euros).

In the domestic market of Germany, revenue rose sharply by more than 30% to some 770 million euros (2021/22: 589 million euros). Meanwhile, in the USA, Trumpf continued the strong growth of the previous year, posting revenue of some 900 million euros (2021/2022: 649 million euros). The strongest Asian market was China with revenue of some 600 million euros (previous year: 575 million euros).

Furthermore, German high-tech company Trumpf is starting the new fiscal year with a bulging order book: order intake once again surpassed the five-billion-euro mark at 5.1 billion euros, but is down by some 9% on the peak level of the previous year (fiscal year 2021/22: 5.6 billion euros).

Trumpf CEO Nicola Leibinger-Kammüller, said: “Despite ongoing difficult conditions, we achieved an outstanding fiscal year in our centennial. Nevertheless, we have been witnessing a decline in orders in recent months due to the global economic slowdown. As such, we are entering the new fiscal year with due caution in spite of a solid order book.”