Trumpf posts all-time high FY revenue of €5.4 billion

20 Jul 2023

Preliminary figures for “centennial year” 2022-23 are up by 27% – but order intake is down.

In its centennial year, the Trumpf Group has generated significant revenue growth. Based on preliminary calculations, revenue in the fiscal year 2022/23 (reported on June 30th) came in at €5.4 billion ($6.05 billion), compared with the previous year’s €4.2 billion, the company announced today.

In the domestic market of Germany, revenue rose sharply by more than 30 percent to some €770 million (previous year: €589 million). In the US, Trumpf continued the strong growth of the previous year, posting revenue of some €900 million (previous year: €649 million).

Order intake down by 9 per cent

The company’s strongest Asian market was China with revenue of some €600 million (previous year: €575 million).

Trumpf added that it is “starting the new fiscal year with a bulging order book”. Order intake is now at €5.1 billion euros, but that is down by some 9 percent on the peak level of the previous year; in 2021/22 it was €5.6 billion.

Nicola Leibinger-Kammüller, CEO commented, “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 group’s headcount has now risen to around 17,900, including some 8,800 employees in Germany as of mid-2023, approximately 5,800 of whom work at the company’s headquarters in Ditzingen.