TRUMPF’s Revenue Reaches an All-time High of 5.4 Billion Euros, up by 27% Over Previous Year
In the U.S., TRUMPF continued the strong growth of the previous year, posting revenue of some 900 million euros (previous year: 649 million euros).
Posted: July 25, 2023
In its centennial year, the TRUMPF Group generated considerable revenue growth. Based on preliminary calculations, revenue in the fiscal year 2022/23 (balance sheet date June 30, 2023) came in at 5.4 billion euros (fiscal year 2021/22: 4.2 billion euros).
In the domestic market of Germany, revenue rose sharply by more than 30 percent to some 770 million euros (previous year: 589 million euros). In the U.S., TRUMPF continued the strong growth of the previous year, posting revenue of some 900 million euros (previous year: 649 million euros). The strongest Asian market was China with revenue of some 600 million euros (previous year: 575 million euros).
Furthermore, German high-tech company TRUMPF is starting the new fiscal year with a bulging order book: incoming orders once again surpassed the five-billion-euro mark at 5.1 billion euros, but were down by some 9 percent on the peak level of the previous year. (Fiscal year 2021/22: 5.6 billion euros).
Nicola Leibinger-Kammüller, Chief Executive Officer (CEO) of TRUMPF, remarked: “Despite ongoing difficult conditions, we achieved an outstanding fiscal year in our centennial. Nevertheless, we have been witnessing a decline in orders in recent months due to the global economic slowdown. As such, we are entering the new fiscal year with due caution in spite of a solid order book.”
The TRUMPF Group’s headcount has now risen to around 17,900, including some 8,800 employees in Germany as of 6/30/2023, approximately 5,800 of whom work at the company’s headquarters in Ditzingen.
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