Trumpf releases financial results for 2020/21, reports record growth in orders

Companies & MarketsNews
October 26, 2021

October 26, 2021

Nicola Leibinger-Kammüller, president of the Group Management Board of Trumpf (Courtesy Trumpf)

Trumpf, Ditzingen, Germany, has released its financial results for the fiscal year 2020/21 ending June 30, 2021, reporting a slight increase in sales revenues of 0.5% to €3.50 billion (fiscal year 2019/20: €3.48 billion). Order intake value increased significantly by 19.7% to a record level for the company at €3.9 billion (fiscal year 2019/20: €3.3 billion).

At €370 million, the group’s operating earnings before interest and tax (EBIT) grew positively by 19.5% compared to the fiscal year 2019/20 (€309 million). Despite the low level of sales revenues in the first half of the year, Trumpf was able to stabilise earnings by increasing productivity, changing the product mix and consistently cutting non-personnel costs.

In the second half of the year, earnings increased significantly as a result of higher sales revenues. In addition, due to investment restraint, the company achieved an EBIT margin of 10.5% (previous year: 8.9%).

Nicola Leibinger-Kammüller, president of the group management board of Trumpf, stated, “Owing to our systematic crisis management, Trumpf managed to survive the pandemic well. Due to a strong rise in demand, we entered the new fiscal year with an unexpectedly high order intake. Nevertheless, there will still be a lot of uncertainty over the coming months with regard to how chip shortages in global supply chains, inflation, and increasing energy costs and their effect on transportation costs and transportation capacity will affect our business.”

www.trumpf.com

Companies & MarketsNews
October 26, 2021

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Metal powders in Additive Manufacturing: An exploration of sustainable production, usage and recycling
  • Inside Wayland Additive: How innovation in electron beam PBF is opening new markets for AM
  • An end-to-end production case study: Leveraging data-driven machine learning and autonomous process control in AM
  • Consolidation, competition, and the cost of certification: Insight from New York’s AM Strategies 2024
  • Scandium’s impact on the Additive Manufacturing of aluminium alloys
  • AM for medical implants: An analysis of the impact of powder reuse in Powder Bed Fusion

The world of metal AM to your inbox

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Sign up

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
View online

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap