TRUMPF sales jump by 51 percent07/22/2011
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."
TRUMPF Inc.'s CEO Rolf Biekert commented on the company's success in North America: "We experienced strong growth the last 12 months and ended our fiscal year better than projected. It was the second best year for North American sales in the company's history, and we have every reason to expect this trend to continue throughout the entire 2011-2012 fiscal year."
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.