After Germany, with sales of about € 730 million, the company’s largest single markets are the US with about € 545 million, the Netherlands with around € 460 million, and China with approximately € 415 million.
This sales increase in the Trumpf Group was driven by the high level of orders from the previous year as well as by the expansion of the EUV business. Trumpf supplies its Dutch customer ASML with special lasers that utilize extreme ultraviolet radiation to expose the surface of microchips for the computer industry.
Nicola Leibinger-Kammüller, CEO of Trumpf: "The economic situation has deteriorated. This is clearly reflected in our order intake, at both the Machine Tools and Laser Technology divisions. Only a few business areas, such as EUV or electronics, remain the exception at the moment." TRUMPF sees the reasons for the decline in order intake in the ongoing trade dispute between China and the US, the uncertainties surrounding Brexit, the structural changes in the automotive industry and also the economic slowdown in China. "These uncertainties are toxic for investments, and customers, especially the smaller ones, are postponing their purchase of new products as a result," says Nicola Leibinger-Kammüller.
During the fiscal year, the Group workforce increased by 8 % to around 14,500. As of 30 June 2019, there were more than 7,400 employees in Germany, 4,400 of them at the headquarters in Ditzingen.
(Source: TRUMPF GmbH + Co. KG)
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