TRUMPF reports 3% sales growth
The TRUMPF Group has reported a 3% increase in sales for the fiscal year 2015/16, ending June 30, 2016.
The TRUMPF Group (Ditzingen, Germany) has reported a 3% increase in sales for the fiscal year 2015/16, ending June 30, 2016. The figure amounts to 2.8 billion euros (up from 2.7 billion euros the previous year) and the order intake was 2.8 billion euros, about the same as the previous year.
"Even though we were unable to keep sales growth as strong as in the previous fiscal year," says Dr. Nicola Leibinger-Kammüller, president and chairwoman of the TRUMPF managing board, "this result is still satisfactory in view of the global situation." She stated the company had pressed ahead with several targeted investments in the future, including the development of new machines and business models, and structural expansion of locations in Germany and abroad.
Some reasons for the increase in sales include that Spain achieved double-digit sales growth, France was also in the double digits, and sales in Germany grew by around 5% to almost 600 million euros. There was significant sales increases in Japan and the Asia-Pacific region. In China, however, revenues totaled roughly 360 million euros—a decrease of around 2% over the previous year (369 million euros). Sales in Great Britain totaled 55 million euros, with its subsidiary SPI bringing in around 70 million euros.
The official figures, including the company's annual profits, are due to be presented on October 19, 2016.
For more information, please visit www.trumpf.com/en.html.