The Trumpf Group has reported the largest sales increase in the company's history for the year ending June 2011, improving to 2.025 billion euros, compared to 1.340 billion euros last year.
'This past fiscal year was the second most successful year in our company's history,' said company president Nicola Leibinger-Kammüller in presenting the preliminary figures. 'We succeeded in closing the gap to the record earnings posted before the financial crisis.' In the fiscal year 2007/08, Trumpf posted sales valued at 2.144 billion euros. Leibinger-Kammüller explains: 'In view of the fact that the worldwide financial crisis brought the German manufacturing industry to its knees, these figures are good news.'
In fact, for the 2010/11 fiscal year, Trumpf's orders received reached an all-time high in value of 2.22 billion Euros, thus exceeding the 2.15 billion Euros posted for the pre-crisis benchmark year 2007/08.
This positive trend was also noticeable in terms of profits. 'We are expecting profits to hit triple digits in the millions,' added Leibinger-Kammüller. Trumpf will announce its final figures at its annual press conference in October.
In view of the company's positive developments, the number of employees rose to 8,550. Trumpf has about 500 positions worldwide to be filled. It seeks engineers, technicians and software developers, among others.