TRUMPF ends fiscal year with declining sales & order intake

TRUMPF recently presented preliminary figures for the fiscal year 2023/24: sales were down around 4% year-over-year at 5.2 billion euros. Order intake fell more sharply, dropping 10% to 4.6 billion euros.

In its domestic market of Germany, sales rose by around 4.5% 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% to about 790 million euros (previous year: 899 million euros). The strongest Asian market was China with sales of around 615 million euros (previous year: 602 million euros). For the first time in years, Germany was TRUMPF’s largest single market.

Nicola Leibinger-Kammüller, CEO of TRUMPF: “The weak global economy and the ongoing geopolitical uncertainties led to a noticeable reluctance among many customers to make new investments in the past fiscal year. The persistently weak demand will also characterise the coming months of the current fiscal year. As usual, TRUMPF is countering this economic crisis with clear measures to improve earnings.”

The number of employees across the Group rose to around 18,550. About 9,100 people were employed in Germany as of June 30, 2024, around 6,000 of whom worked at the headquarters in Ditzingen.

Image: TRUMPF Ditzingen
Source: TRUMPF Group

Press contact: Rainer Berghausen

rainer.berghausen@trumpf.com

www.trumpf.com