Ditzingen, Germany (ots)
- The TRUMPF Group ended fiscal 2000/2001
(July 1, 2000 to June 30, 2001) with record results. Consolidated
sales rose to Euro 1.22 billion/US $1.09 billion (previous year: Euro
1.01 billion/US $896 million). This figure represents an increase of
21 percent. There was also an increase in the number of orders
received. They rose 13 percent to Euro 1.24 billion/US $1.14 billion.
During the past fiscal year, TRUMPF strengthened its position as
the world market leader for industrial lasers and furthered its
position as a leading machine tool manufacturer. TRUMPF profited in
all areas from the strong demand for high technology and from a
generally favorable economic situation, despite the weakened economy
during the second half of the fiscal year (i.e. January to June
The highest growth rates were registered in the laser technology
and electronics sectors. The proportion of consolidated sales of
laser technology-related products increased to 65 percent.
Globalization Central to Success
The TRUMPF Group achieved strong growth in Western Europe (+15
percent), and very strong growth in Germany (+20 percent). TRUMPF's
highest rates of growth occurred in the Asia-Pacific region (+58
percent), where they built upon the previous year's growth, and in
Eastern Europe, where they achieved an above-average increase in
sales (+62 percent).
In North America, where the investment climate cooled sharply, the
company still managed to increase its sales in US dollar by +3
percent, and its sales in Euro, due to exchange rate effects, by +15
percent. Overall, 68 percent of consolidated sales were achieved
Satisfactory Increase in Profits - Strong Equity Capitalization
Earnings before interests and taxes (EBIT) increased by 22 percent
to Euro 145 million/US $125 million. This is equivalent to a pre-tax
yield of 11.9 percent. The annual net profit for the TRUMPF Group
amounted to Euro 95 million/US $81 million.
The positive development in earnings was due to the introduction
of innovative new products, productivity increases, and also the
tremendous sales expansion.
Cash flow after taxes totaled Euro 116 million/US $100 million
(+24 percent). The equity ratio amounted to 44 percent. Thus, TRUMPF
is very well equipped for the future.
Additional Jobs Created Worldwide
The overall number of TRUMPF employees rose by 9 percent to 5,219
(as of June 30, 2001). In Germany, the personnel figure increased by
5 percent to 3,416, and outside Germany by 18 percent to 1,803.
High Investment in Infrastructure and R&D TRUMPF invested
approximately 7 percent of its revenue - or Euro 83 million/US $71
million (+21 percent) - in tangible and intangible assets. Capacity
was expanded at central production locations worldwide. Construction
of a new distribution center, measuring 9,000 square meters (97,000
square feet), recently began in Ditzingen, Germany.
A total of Euro 70 million/US $63 million (+29 percent) was
invested in research and development. The R&D quota now amounts to
5.8 percent of sales. This R&D figure is exceeded in TRUMPF's laser
and electronics unit and is now far into double digits.
Outlook: Cautious Optimism
In the light of the current world events, the company is expecting
their business activities in fiscal 2001/2002 to be more subdued.
Even under these more difficult circumstances, however, TRUMPF will
be making every effort to repeat its record performance of the
For more information about the TRUMPF Group, please visit
ots Original Text Service: TRUMPF Group
Phone +49 7156 303992