TRUMPF posts record revenue in its centennial year

TRUMPF

In its centennial year, the TRUMPF Group generated considerable revenue growth. Based on preliminary calculations, revenue in the fiscal year 2022/23 came in at 5.4 billion euros. In its fiscal year 2021/22 revenue reached 4.2 billion euros.

In the domestic market of Germany, revenue rose sharply by more than 30 per cent to some 770 million euros. This is in contrast to the previous year when it reached 589 million euros.

In the U.S., the company continued the strong growth of the previous year, posting revenue of some 900 million euros, with the previous year reaching 649 million euros. The strongest Asian market was China with revenue of some 600 million euros.

Furthermore, the company is starting the new fiscal year with a bulging order book with incoming orders once again surpassed the five-billion-euro mark at 5.1 billion euros, but were down by some 9 per cent on the peak level of the previous year.

“Despite ongoing difficult conditions, we achieved an outstanding fiscal year in our centennial," said Nicola Leibinger-Kammüller, CEO, TRUMPF. "Nevertheless, we have been witnessing a decline in orders in recent months due to the global economic slowdown. As such, we are entering the new fiscal year with due caution in spite of a solid order book.”

The TRUMPF Group’s headcount has now risen to around 17,900, including some 8,800 employees in Germany with approximately 5,800 of whom work at the company’s headquarters in Ditzingen.