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IPG Photonics sales and income: 2010-2017 (click to enlarge)
IPG founder and CEO Valentin Gapontsev said that the fiber laser company's sales are currently growing at the fastest rate in six years. Revenues are now likely to come in at just under $1.4 billion in 2017 - up 38% year-on-year, with net income rising even more quickly thanks to higher profit margins. Data: IPG Photonics.
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