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1.94 billion Euros in sales, 770 new jobs in Germany and abroad, worldwide expansion activities.
Ditzingen, October 24, 2007 – The TRUMPF Group finished its 2006/07 fiscal year on June 30 with an increase in sales of 18 percent to 1.94 billion Euros (previous year 1.65 billion Euros). During the annual press conference in Ditzingen, Germany, TRUMPF President Nicola Leibinger-Kammüller attributed the company''s soaring business to the extraordinarily good economic conditions and the high demand for machinery and equipment. The manufacturing company''s results also made gains. Its income before taxes rose by 30 percent to 266 million Euros (205 million Euros); the net operating margin before taxes reached 13.7 percent.
All three of the Group''s business divisions grew. The largest business division, the Machine Tools/Power Tools Business Division, increased its sales by 19 percent to 1.71 billion Euros (1.44 billion Euros). Sales in the Laser Technology/Electronics Division held steady, rising by 8.2 percent to 474 million Euros (438 million Euros). The Medical Technology Business Division also continued to grow. With an increase of 4.6 percent, sales rose to 113 million Euros (108 million Euros).
TRUMPF grows worldwide
Due to high workloads, TRUMPF created new jobs worldwide. The company increased its number of employees by 12 percent to 7,258 (6,488) during this past fiscal year.
In Germany, the company created 272 new jobs, boosting the number of employees there to 4,280 – a 6.8 percent increase. Overseas, also due to two acquisitions, TRUMPF grew by 20 percent to 2,978 employees.
The company increased its sales in almost all regions. The most dramatic percental increases came from central and eastern Europe, Germany and western Europe. TRUMPF reached its biggest absolute growth in Germany. Sales there increased by 122 million Euros to 573 million Euros (451 million Euros). Germany remained the single largest market with a 30 percent sales share.
The company''s investment volume grew by 42 percent to 126 million Euros (89 million Euros). The company invested 47 percent of its investments in Germany. 26 percent was invested in Europe, followed by 19 percent in the USA and 8 percent in Asia. The majority of the investments were made in expanding domestic and international locations. The company''''s building projects currently include the corporate headquarters in Ditzingen and the U.S. headquarters in Farmington, Connecticut. Moreover, the company invested in numerous new products.
Expenditures for this rose by 13 percent to 135 million Euros (120 million Euros). This means that the research and development quota was 7.0 percent, double the industry average.
Optimistic view of the new fiscal year
Leibinger-Kammüller has a positive outlook for the new fiscal year. Due to our high investments and expenditures for research and development, we are well equipped for the future, she said. The figures from the first three months of the current fiscal year support this estimate. We were able to increase both sales and orders received by 20 percent. The Group is forecasting further sales increases of about 10 percent to 2.1 billion Euros for the 2007/08 fiscal year. The number of employees is also set to increase by about 500 worldwide.
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