CAD/CAM Company Lantek announces 40 percent increase in turnover over the last three years

Source: Press release

Spain — CAD/CAM developer Lantek has again consolidated its market position following the 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 percent.

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Lantek increased its turnover by 26 percent in 2021, exceeding 26 million euros.
Lantek increased its turnover by 26 percent in 2021, exceeding 26 million euros.
(Source: Lantek)

Spanish software company Lantek has increased its turnover by 26 percent in 2021, exceeding 26 million euros. The company now has over 29,000 active customers, adding 3,400 new ones in the 100 countries where it operates during 2021

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

In Italy, the company has further consolidated its presence with the construction of a new building. This new facility, located in Turin, has a surface area of over 1,200 m2. For both solutions and digitization sales volumes, Italy has achieved rapid growth making it one of the main markets for these Lantek products.

To build on its position even further, the company has already started a long-term R&D growth and investment plan that extends to 2025.

“In 2022, we're 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 percent. Our workforce will grow by 50 percent, with a special emphasis on the R&D area and our international customer service team,” concludes López de Biñaspre, the company's CEO.

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