Trumpf fiscal year 2021/22: Highest sales in company history

At the close of fiscal 2021/22 on June 30, 2022, the Trumpf Group recorded the highest sales ever in the company's 99-year history, with a strong 20.5 percent increase in sales to 4.2 billion euros (fiscal 2020/21: 3.5 billion euros).
Incoming orders at Trumpf rose by 42.1 percent to a value of 5.6 billion euros (fiscal year 2020/21: 3.9 billion euros). Operating earnings before interest and taxes (EBIT) developed positively at 468 million euros, up 26.8 percent on the previous year (370 million euros). Trumpf was able to stabilize earnings through strong sales growth, particularly in the EUV business area, and savings in material costs. As a result, Trumpf achieved an EBIT margin of 11.1 percent (previous year: 10.5 percent). The Trumpf Group's sales shares changed away from Asia in favor of Europe and North America in the reporting period: the Netherlands is the single market with the highest sales for the first time in fiscal 2021/22, with sales of 838 million euros (previous year: 461 million euros). This increase corresponds to an 81.9 percent rise in sales and is attributable to strong growth in the EUV business area with the customer ASML. In addition, the USA has become the second strongest market with 656 million euros; in the previous fiscal year, the USA was still in third place. Germany, with 589 million euros in sales (previous year 579 million euros), is thus for the first time no longer Trumpf's largest single market, but now only ranks third. The largest single Asian market, China, lagged behind the strong growth of the previous year and increased by only 9.6 percent to 575 million euros (previous year 525 million euros), thus ranking fourth.
The number of Trumpf employees increased by almost 2,000 in the reporting period. In particular, new jobs were again created in the growth fields of EUV and electronics. Trumpf is not a gas-intensive company and requires gas primarily locally for heating production and office buildings. The ratio of energy costs to sales in fiscal 2021/22 was 1.0 percent (42 million euros/4,223 million euros). In fiscal 2022/23, however, the company expects a noticeable increase. In the reporting period July 1, 2021-June 30, 2022, the company was only marginally affected by the impact of the increase in gas prices due to a shortage of capacity. While investments were scaled back in the previous year due to the pandemic, they increased again in fiscal year 2021/22. In total, Trumpf invested 218 million euros (previous year 145 million euros) in land and buildings, technical equipment, and operating and office equipment. Nicola Leibinger-Kammüller, Chairwoman of the Executive Board of Trumpf, says: "Thanks to consistent crisis management, Trumpf came through the pandemic well and parried the supply chain bottlenecks in the best possible way. As a result of the strong increase in demand in the second half of the year, we have started the new fiscal year with a high order intake. Nevertheless, a great deal of uncertainty remains for the coming months as to how the bottlenecks in the supply chains, high inflation, rising material and energy prices, and transport costs will affect our business."