TRUMPF sees 5% increase in sales for FY 2014/2015

July 24, 2015
TRUMPF has registered a 5% increase in sales and orders in the past fiscal year over the previous year.

Ditzingen, Germany - TRUMPF has again registered an increase in sales and orders over the previous year. Both values increased in the past fiscal year, ending June 30, 2015, by approximately 5%. According to preliminary calculations, total sales amounted to $2.9 billion (€2.723 billion) compared to $2.8 billion (€2.584 billion) the previous year, while order intake was $3.1 billion (€2.825 billion) compared to $2.9 billion (€2.7 billion).

Related: TRUMPF FY13/14 profits soar, thanks to record in increased revenue

"We're especially pleased that we've been able to compensate in both indicators for the discontinuation of our Medical Technology division in the first year after the sale, and in a generally difficult market environment as well," summarized Dr. Nicola Leibinger-Kammüller, president of the TRUMPF Group. On August 1, 2014, the TRUMPF Group had sold its medical technology division to US medical technology manufacturer Hill-Rom Holdings. In the 2013/14 fiscal year, medical technology still contributed 185 million euros' [$203 million] worth of sales of the TRUMPF Group.

"We generated the past fiscal year's growth in our core business," says Leibinger-Kammüller, "and were able to reinforce it with targeted acquisitions." These included the acquisition of EHT in Teningen and JK Lasers in Great Britain, as well as the strengthening of regional markets in Eastern Europe and Turkey.

"We generated the past fiscal year's growth in our core business, and were able to reinforce it with targeted acquisitions," says TRUMPF president Dr. Nicola Leibinger-Kammüller.

"With a book-to-bill ratio of above one—that is, the fact that the order intake is higher than sales—we have created good foundations for new fiscal year of 15/16 that has just begun," says Leibinger-Kammüller.

TRUMPF will be presenting the final result, including the company's profits, at the press conference on October 22, 2015.

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Industrial Laser Solutions Editors

We edited the content of this article, which was contributed by outside sources, to fit our style and substance requirements. (Editors Note: Industrial Laser Solutions has folded as a brand and is now part of Laser Focus World, effective in 2022.)

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