TRUMPF achieves + 20% increase in annual revenues year-to-year

TRUMPF – a German manufacturer of CNC machines and 3D printers for metal, announced that its revenues in the financial year 2021/22 increased by +20% compared to the results for the same period. According to preliminary calculations, TRUMPF expects to generate EUR 4.2 billion in revenue on an annual basis (calculated as of June 30, 2022), which is a significant increase compared to the EUR 3.5 billion in revenue it achieved in the fiscal year 2020/21. At the same time, the company points out that sales were hampered by difficult macroeconomic conditions and despite the expected increase in backlogs in orders, problems with the supply chain limit its ability to fulfill ongoing orders.

TRUMPF is a family business based in Ditzingen near Stuttgart, so it does not have to publish its financial data in the same way as public companies do, but often publishes key figures to give the industry an idea of ​​how it is doing. In its latest preliminary results, the company revealed that it expects to generate EUR 4.2 billion in revenue, + 8% more than it forecast for the 2021/22 fiscal year.

This increase was mainly due to the expansion of the subsidiary ASML. The company, which is best known as the creator of extreme ultraviolet lithography – a process used to model microchips in large numbers, did so well that it became TRUMPF’s largest source of revenue for the 2021/22 fiscal year at EUR 840 million.

While Germany is traditionally the company’s largest source of revenues, its business in this area has fallen to third place during this period, bringing in EUR 580 million, which remains on the same level compared to fiscal 2020/21 and -11.5% less than EUR 655 million generated in the United States. Currently, TRUMPF has a total order backlog of EUR 5.6 billion, + 42% more than the EUR 3.9 billion it recorded in the same period last year.

Contrary to the preliminary data for the financial year 2020/21, TRUMPF has not issued guidelines with its data for the financial year 2021/22 for the coming year. This is likely due to disruptions caused by the COVID-19 pandemic and Russia’s ongoing war in Ukraine. Due to the uncertainty caused by such events, the company expects some electronic parts to be difficult to source in fiscal 2022/23.

Source: www.trumpf.com