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Machine manufacturer Trumpf reports sales at previous year’s level
Germany — High-tech company Trumpf published its preliminary figures for the fiscal year 2020/21. With sales of 3.5 billion euros at previous year’s level and incoming orders increasing from 3.3 to 3.9 billion euros, the manufacturer seems to have successfully defied the effects of the coronavirus pandemic.
The Trumpf Group will close the 2020/21 fiscal year on June 30, 2021 with sales at the previous year’s level. According to preliminary calculations, the figure stands at 3.5 billion euros (fiscal year 2019/20: 3.5 billion euros). After Germany, with sales of around 580 million euros, the largest individual markets are China with around 525 million euros, the USA with around 485 million euros, and the Netherlands with around 460 million euros, due to the EUV business with ASML. The high-tech company is also starting the new fiscal year with bulging order books: incoming orders rose by 20 percent to 3.9 billion euros (fiscal 2019/20: 3.3 billion euros).
Nicola Leibinger-Kammüller, Chairwoman of the Trumpf Group Executive Board, said: “We have started the new fiscal year with stable sales and very good incoming orders. They result, among other things, from strong economic impulses from China, which come from electronics applications and the demand for our lasers for electromobility. However, there is also an unmistakable upturn in the economy in Europe, which we are registering in the machine tool sector. Nevertheless, uncertainty remains as to how the stability of global supply chains and the handling of the coronavirus pandemic will develop.”
The number of employees group-wide rose slightly to 14,800. In Germany, there were around 7,600 employees as of the reporting date of June 30, 2021, including around 4,400 at the headquarters in Ditzingen.