TRUMPF sales jump by 51 percent
Ditzingen (Germany) July 22, 2011 - The TRUMPF Group can look back on the biggest sales increase in the history of the company as it closes out the fiscal year that ended in June. The Germany-based machine tool manufacturer and laser technology specialist recorded sales of 2.025 billion Euros in the 2010/11 fiscal year. Compared to last year's sales of 1.340 billion Euros, this year's sales figure represents an increase of 51 percent.
"This past fiscal year was the second most successful year in our company's history," said company President Nicola Leibinger-Kammüller in presenting the preliminary figures. "We succeeded in closing the gap to the record earnings posted before the financial crisis." In fiscal year 2007/08, TRUMPF posted sales valued at 2.144 billion Euros. Nicola Leibinger-Kammüller explains: "In view of the fact that the worldwide financial crisis brought the German manufacturing industry to its knees, these preliminary sales figures are good news."
In fact, for the 2010/11 fiscal year, TRUMPF's orders received reached an all-time high in value of 2.22 billion Euros, thus exceeding the 2.15 billion Euros posted for the pre-crisis benchmark year 2007/08.
This positive trend was also noticeable in terms of profits. "We are expecting profits to hit triple digits in the millions," added Nicola Leibinger-Kammüller. TRUMPF will announce its final figures at its annual press conference on October 19, 2011.
In view of the company's positive developments, the number of employees rose to 8,550. TRUMPF has about 500 positions worldwide to be filled. It seeks engineers, technicians and software developers, among others.
About TRUMPF
With sales totaling US $ 2.763 billion (€ 2.025 billion) and 8,550 employees (preliminary figures for the 2010/11 fiscal year), the TRUMPF Group ranks among the leading manufacturing companies worldwide. The three following business divisions are combined under the umbrella of a holding company: Machine Tools/Power Tools, Laser Technology/Electronics and Medical Technology. Its core business is machine tools for flexible sheet metal processing for punching and forming, laser processing and bending. In the field of industrial lasers and laser systems, the company is the technological leader in the world market. With about 60 subsidiaries and branch offices, the Group is represented in almost every European country, in North and South America as well as in Asia. Production locations can be found in Germany, Austria, China, Czech Republic, France, Great Britain, Japan, Mexico, Poland, Switzerland and the USA.
"This past fiscal year was the second most successful year in our company's history," said company President Nicola Leibinger-Kammüller in presenting the preliminary figures. "We succeeded in closing the gap to the record earnings posted before the financial crisis." In fiscal year 2007/08, TRUMPF posted sales valued at 2.144 billion Euros. Nicola Leibinger-Kammüller explains: "In view of the fact that the worldwide financial crisis brought the German manufacturing industry to its knees, these preliminary sales figures are good news."
In fact, for the 2010/11 fiscal year, TRUMPF's orders received reached an all-time high in value of 2.22 billion Euros, thus exceeding the 2.15 billion Euros posted for the pre-crisis benchmark year 2007/08.
This positive trend was also noticeable in terms of profits. "We are expecting profits to hit triple digits in the millions," added Nicola Leibinger-Kammüller. TRUMPF will announce its final figures at its annual press conference on October 19, 2011.
In view of the company's positive developments, the number of employees rose to 8,550. TRUMPF has about 500 positions worldwide to be filled. It seeks engineers, technicians and software developers, among others.
About TRUMPF
With sales totaling US $ 2.763 billion (€ 2.025 billion) and 8,550 employees (preliminary figures for the 2010/11 fiscal year), the TRUMPF Group ranks among the leading manufacturing companies worldwide. The three following business divisions are combined under the umbrella of a holding company: Machine Tools/Power Tools, Laser Technology/Electronics and Medical Technology. Its core business is machine tools for flexible sheet metal processing for punching and forming, laser processing and bending. In the field of industrial lasers and laser systems, the company is the technological leader in the world market. With about 60 subsidiaries and branch offices, the Group is represented in almost every European country, in North and South America as well as in Asia. Production locations can be found in Germany, Austria, China, Czech Republic, France, Great Britain, Japan, Mexico, Poland, Switzerland and the USA.