Overview of Fiscal Year 2007/08 |
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TRUMPF is on a Very Good Course |
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| For the fourth year in a row, the TRUMPF Group achieved double-digit sales growth in fiscal year 2007/08. Sales rose by 11 percent to € 2.14 billion while orders received also rose by 5.6 percent to € 2.15 billion. Income before taxes reached € 301 million. The decisive factor for this positive overall development was the ever strong world economy throughout the fiscal year and the high demand for manufacturing and production equipment. While the high value of the euro dampened sales growth, the Group still fully achieved the goals it had set for the fiscal year.
All business fields contributed to this sales growth with their attractive products and services. During the 2007/08 fiscal year, we worked intensely on improving both products and services. Expenditure for research and development increased by 11 percent to € 151 million.
A closely knit sales and service network is nearby to our customers. Our 20 production locations worldwide emphasize the importance we place on local partnerships. This global strategy allows us to quickly respond to market opportunities. A € 139 million investment in fixed assets to future expand TRUMPF locations worldwide was high in 2007/08 again.
The Group created new jobs to keep pace with company growth. Around 700 jobs were added worldwide. Of those, 291 were in Germany. On the reporting date, the Group had a consolidated subsidiary workforce of 7,955, corresponding to 9.6 percent growth. |
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TRUMPF Group, Fiscal Year 2007/08 - At a glance |
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