Trumpf posts largest revenue rise yet, expects future double-digit growth

Ditzingen, Germany--Machine-tool producer Trumpf has posted the largest revenue rise in its entire history. During the past fiscal year (ending June 30, 2011) the company saw an increase of 51 percent, with sales rising by €683 million to 2.024 billion. The company's president and chairwoman of the managing board, Dr. Nicola Leibinger-Kammüller, made the announcement at their annual press conference.

Leibinger-Kammüller cites that the company has regained—in one fiscal year—what they had lost over the previous two. The gap between the record revenues before the recession and today is now as good as closed, she says. At €2.22 billion, orders received have actually exceeded the record value so far. The pre-tax result amounts to €185.3 million—after a still-negative result of €-59 million in the previous year.

The company is posting strong growth in all the world's regions—most particularly in China, but also in Germany and the American markets, says Leibinger-Kammüller. One reason for his is because the company has increased its outlay on research and development by 22 percent, she says.

It plans to continue growing in the current fiscal year as well. "We're expecting double-digit growth," explains Nicola Leibinger-Kammüller. "However, there are also signs that because of the Euro crisis, growth will be far slower than last year. We're optimistic, but keeping our eyes open at the same time."

The company's strong commitment in China is also contributing decisively to being able to make use of growth opportunities there, as it is currently in the process of doubling its production capacity in China. The extension to the factory in Taicang near Shanghai is due to be opened in the spring of 2012.

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