Trumpf with declining sales and incoming orders

The Trumpf Group ends the financial year with declining sales and order intake. According to preliminary calculations, the company generated sales of 5.2 billion euros in the 2023/24 financial year (reporting date June 30, 2024) (2022/23 financial year: 5.4 billion euros) and order intake of 4.6 billion euros (previous year: 5.1 billion euros).

Decline in turnover for the US business

In the home market of Germany, turnover rose by around 4.5 percent to around 815 million euros (previous year: 779 million euros). In the USA, however, Trumpf was unable to match the strong growth of the previous year. Turnover there fell by around 12 percent to around 790 million euros. (previous year: 899 million euros). The strongest Asian market was China with sales of around 615 million euros (previous year: 602 million euros). For the first time in years, Germany was once again the largest single market for Trumpf. The number of employees across the Group rose to around 18,550. Around 9,100 people were employed in Germany as at June 30, 2024, around 6,000 of whom worked at the headquarters in Ditzingen.

Reluctance to make new investments

Nicola Leibinger-Kammüller, CEO of Trumpf: "The weak global economy and ongoing geopolitical uncertainties led to a noticeable reluctance among many customers to make new investments in the past financial year. The persistently weak demand will also characterize the coming months."