TRUMPF Group: High Double-Digit Growth in all Business Sectors

11.10.2001, 10:23

Ditzingen, Germany (PROTEXT/ots) - The TRUMPF Group endedfiscal 2000/2001 (July 1, 2000 to June 30, 2001) with recordresults. Consolidated sales rose to Euro 1.22 billion/US $1.09billion (previous year: Euro 1.01 billion/US $896 million). Thisfigure represents an increase of 21 percent. There was also anincrease in the number of orders received. They rose 13 percentto Euro 1.24 billion/US $1.14 billion. During the past fiscal year, TRUMPF strengthened its positionas the world market leader for industrial lasers and furtheredits position as a leading machine tool manufacturer. TRUMPFprofited in all areas from the strong demand for high technologyand from a generally favorable economic situation, despite theweakened economy during the second half of the fiscal year (i.e.January to June 2001). The highest growth rates were registered in the lasertechnology and electronics sectors. The proportion ofconsolidated sales of laser technology-related products increasedto 65 percent. Globalization Central to Success The TRUMPF Group achieved strong growth in Western Europe (+15percent), and very strong growth in Germany (+20 percent).TRUMPF's highest rates of growth occurred in the Asia-Pacificregion (+58 percent), where they built upon the previous year'sgrowth, and in Eastern Europe, where they achieved an above-average increase in sales (+62 percent). In North America, where the investment climate cooled sharply,the company still managed to increase its sales in US dollar by+3 percent, and its sales in Euro, due to exchange rate effects,by +15 percent. Overall, 68 percent of consolidated sales wereachieved outside Germany. Satisfactory Increase in Profits - Strong EquityCapitalization Earnings before interests and taxes (EBIT) increased by 22percent to Euro 145 million/US $125 million. This is equivalentto a pre-tax yield of 11.9 percent. The annual net profit for theTRUMPF Group amounted to Euro 95 million/US $81 million. The positive development in earnings was due to theintroduction of innovative new products, productivity increases,and also the tremendous sales expansion. Cash flow after taxes totaled Euro 116 million/US $100 million(+24 percent). The equity ratio amounted to 44 percent. Thus,TRUMPF is very well equipped for the future. Additional Jobs Created Worldwide The overall number of TRUMPF employees rose by 9 percent to5,219 (as of June 30, 2001). In Germany, the personnel figureincreased by 5 percent to 3,416, and outside Germany by 18percent to 1,803. High Investment in Infrastructure and R&D TRUMPF invested approximately 7 percent of its revenue - orEuro 83 million/US $71 million (+21 percent) - in tangible andintangible assets. Capacity was expanded at central productionlocations worldwide. Construction of a new distribution center,measuring 9,000 square meters (97,000 square feet), recentlybegan in Ditzingen, Germany. A total of Euro 70 million/US $63 million (+29 percent) wasinvested in research and development. The R&D quota now amountsto 5.8 percent of sales. This R&D figure is exceeded in TRUMPF'slaser and electronics unit and is now far into double digits. Outlook: Cautious Optimism In the light of the current world events, the company isexpecting their business activities in fiscal 2001/2002 to bemore subdued. Even under these more difficult circumstances,however, TRUMPF will be making every effort to repeat its recordperformance of the previous year. For more information aboutthe TRUMPF Group, please visit www.trumpf.com ots Original TextService: TRUMPF Group Internet: www.presseportal.de Contact:Ingo Schnaitmann Tel: +49-7156-303992

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