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20 October 2015

Sharp increase in profits at TRUMPF

In the 2014/15 fiscal year, which ended on June 30, the laser and machine tool manufacturer TRUMPF successfully achieved a further sharp increase in profits. Income before taxes rose by 43.8 percent to €357 million, while the net operating margin was 13.1 percent. This growth is due in part to a one-off effect from the sale of the company's Medical Technology division, effective August 1, 2014, which positively impacted the result by an additional €72 million. Adjusted for this effect, the net operating margin improved from 9.6 to 10.5 percent.

TRUMPF also boosted its sales significantly. Despite the discontinuation of the Medical Technology division, consolidated sales increased in relation to the previous year by 5.0 percent to €2.72 billion – so TRUMPF actually managed to over compensate for the €184 million contributed by the medical technology companies during the 2013/14 fiscal year. In an annual comparison adjusted for the Medical Technology factor, revenues increased by 12.6 percent.

 


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