High-tech company TRUMPF announces provisional figures for 2023/24: sales down about 4% to 5.2 billion euros
Ditzingen, July 17, 2024 – The TRUMPF Group ended the financial year with declining sales and order intake. According to provisional calculations, the company achieved sales of €5.2 billion (2022/23: €5.4 billion) in the 2023/24 financial year (reporting date 30 June 2024) and €4.6 billion (previous year: €5.1 billion).
In the home market in Germany, sales increased by around 4.5 percent to around 815 million euros (previous year: 779 million euros). In the USA, however, TRUMPF was unable to match the strong growth of the previous year: sales fell by around 12 percent to around 790 million euros (previous year: 899 million euros). In Asia, the best-performing market was China, with sales of around 615 million euros (previous year: 602 million euros). For the first time in several years, Germany is TRUMPF’s largest single market.
Nicola Leibinger-Kammüller, CEO of TRUMPF: “The weakness of the global economy and continuing geopolitical uncertainty clearly caused many customers to hesitate to make new investments last year. The continued weakness in demand will also be evident in the coming months of the current year. As always, TRUMPF is countering this economic crisis with clear measures to improve earnings.”
The group’s overall workforce has increased to around 18,550 people. As of June 30, 2024, the company employed around 9,100 people in Germany, of which around 6,000 work at the headquarters in Ditzingen.
About TRUMPF
TRUMPF is a high-tech company offering manufacturing solutions in the fields of machine tools and laser technology. Through consulting, platform products and software, we drive the digital connection of manufacturing. TRUMPF is one of the technology and market leaders in the fields of highly versatile machine tools and industrial lasers for sheet metal processing. In 2023/24, TRUMPF will employ around 18,550 people and generate sales of around 5.2 billion euros (provisional figures). With around 90 companies, the TRUMPF Group is represented in almost every European country, as well as in North and South America and Asia. The company has production facilities in Germany, France, Great Britain, Italy, Austria, Switzerland, Poland, the Czech Republic, the USA, Mexico and China. Find out more about TRUMPF here. Click here for details
