Trumpf has posted its largest fiscal year revenue rise in its history with an increase of 51 per cent with sales rising by €683 million to €2.024 billion.
Trumpf is currently in the process of doubling its production capacity in China, the world's number one growth market. Trumpf is also extending its factory in Taicang near Shanghai, which will be opened in the second quarter of 2012. It already has 8,550 employees worldwide.
Announcing the results, the machine tool and laser specialist's president and chairwoman Dr Nicola Leibinger-Kammüller said: 'The pre-tax result amounts to €185.3 million – after a still-negative result of - €59 million in the previous year. Following the major declines during the recession years, we now have strong growth in all the world's regions - most particularly in China, but also in Germany and the American markets.'
Leibinger-Kammüller put the success down to the company's commitment to research and development and predicted double digit growth from selling into high growth regions.