Powerful Sales Growth for TRUMPF
Corporate Group Announces Preliminary Figures
The TRUMPF Group once again achieved considerable sales growth in the 2007/2008 fiscal year. Compared to the previous year, the company's sales increased by about 10 percent to approximately 2.14 billion Euros or $3.15 billion US-Dollars based on preliminary figures. TRUMPF President Nicola Leibinger-Kammuller called the year good overall. "We are also very confident about the 12 months that lie ahead. As things stand now, we are forecasting sales growth in the middle, single digit percentage range." Growth opportunities for TRUMPF exist in diverse areas, and the global economic slowdown will have varying degrees of impact on the Group's individual business units, as well as on world markets. TRUMPF is active in more than 50 countries and offers a broad product portfolio. Orders received rose by 5 percent compared to last year and are at the same level as sales. The Group's number of employees exceeded the 8,000 mark for the first time in company history. About 700 jobs were added worldwide, 270 alone in Germany. Annual revenue will be announced during the year-end press briefing in October 2008.
Factors contributing to TRUMPF Group's excellent results during the past fiscal year were the worldwide economy, which was still strong during the period under review, and the high demand for quality manufacturing and production equipment. All business fields enjoyed good economic growth. The strongest was recorded in Eastern Europe and Western Europe. The domestic market in Germany also experienced positive growth. In the U.S., TRUMPF achieved significant sales growth in the local currency, in spite of the sluggish economy. In Asia, too, the company was able to improve its position. TRUMPF was the first German machine tool manufacturer to operate a production facility in Japan this year.
About TRUMPF
With sales totaling 2.14 billion for the 2007/08 fiscal year and more than 8,000 employees, the TRUMPF Group ranks among the leading manufacturing companies worldwide. The three following business divisions are combined under the umbrella of a holding company: Machine Tools/Power Tools, Laser Technology/Electronics and Medical Technology. Its core business are machine tools for flexible sheet metal processing for punching and forming, laser processing and bending. In the field of industrial lasers and laser systems, the company is the technological leader on the world market. With about 50 subsidiaries and branch offices, the Group is represented in almost every European country, in North and South America as well as in Asia. Production locations can be found in Germany, Austria, China, Czech Republic, France, Japan, Mexico, Poland, Switzerland, Taiwan and the USA. For more information please visit www.trumpf.com
TRUMPF GmbH + Co. KG
Postfach 14 50
71252 Ditzingen
Germany
Ingo Schnaitmann
Tel. 49 (0)7156-303-30992
ingo.schnaitmann@de.trumpf.com
