Trumpf with declining sales and order intake for 2023/24
The Trumpf Group ends the 2023/24 financial year with declining sales and order intake. At 5.2 billion euros, sales are around 4 percent below the previous year, while order intake falls more significantly by 10 percent to 4.6 billion euros.
According to preliminary calculations, Trumpf achieved sales of 5.2 billion euros in the 2023/24 financial year (reporting date June 30, 2024) (2022/23 financial year: 5.4 billion euros) and order intake of 4.6 billion euros (previous year: 5.1 billion euros). In its home market of Germany, turnover rose 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. Turnover fell by around 12 percent to around 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 once again the largest single market for Trumpf.
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 financial year. The persistently weak demand will also characterize the coming months of the current financial 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. As of June 30, 2024, around 9,100 people were employed in Germany, including around 6,000 at the headquarters in Ditzingen.