The Trumpf Group recorded a decline in turnover of 3.6 percent to 5.2 billion euros for the 2023/24 financial year (2022/23 financial year: 5.4 billion euros). Incoming orders fell for the second time in a row to 4.6 billion euros. Earnings before interest and taxes (EBIT) fell by 114 million euros to 501 million euros as a result of the decline in sales compared to the previous year (615 million euros). The EBIT margin fell to 9.7% (previous year: 11.5%).
Germany remains the strongest single market in terms of sales
Trumpf's strongest single market in terms of sales was Germany with 824 million euros (previous year: 779 million euros), which corresponds to an increase of 5.8 percent. In the USA, however, sales fell significantly by 11.5 percent to 796 million euros (previous year: 899 million euros). In China, the largest Asian market, Trumpf increased sales slightly by 2.2 percent to 615 million euros (previous year: 602 million euros).
Highest turnover in the Machine Tool Division
The Machine Tools division achieved the highest turnover at 2.8 billion euros (previous year: 3 billion euros). Laser Technology recorded a decline in turnover of 1.4 billion euros (previous year: 1.5 billion euros, adjusted for the Electronics business division), while Electronics achieved a slight increase of 4.8% to 572 million euros compared to the previous year (546 million euros). The EUV business division, which is also reported separately, achieved sales of 943 million euros, a slight decrease of 2.9% compared to the previous year (971 million euros).
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