TRUMPF Group: High Number of Orders Received Led to Good Growth for 2003/04 and Secures a Dynamic - TRUMPF achieved sales increase of 2.3 percent for fiscal 2

20.10.2004, 10:01

Ditzingen, Germany 20. 10. 2004 (PROTEXT/ots) - The TRUMPFGroup ended fiscal 2003/04 (July 1, 2003 to June 30, 2004) withconsolidated sales of 1.22 billion. This figure represents anincrease of 2.3 percent. A very sharp upturn in the investmentgoods climate occurred not until the first months of 2004, i.e.during the second half of the company's fiscal year. The fastrecovery of the markets was felt by TRUMPF in all its businessdivisions. Orders received reached their highest level so far,increasing by 21 percent to 1.31 billion.

TRUMPF especially successful in America, Asia and EasternEurope

The company made most of its gains outside Western Europe.Sales in North and South America rose by 15 percent to 197million. With sales in Asia of 171 million, TRUMPF has almosttripled its sales in this region within four years. The companyalso achieved high growth in Eastern Europe. This failed tobalance out the drop in sales in Western Europe, however. Salesin Europe as a whole (excluding Germany) decreased by 9.2percent to 427 million.

In Germany, our most important single market, salesincreased by 2.3 percent to 420 million.

Company draws Strength from High-Growth Technology Sectors

The Machine Tools division accounted for 65 percent of theTRUMPF Group's consolidated sales, increasing by 2.3 percent to992 million. In laser technology, the steady growth in salescontinued. Although at 365 million, revenues of the LaserDivision were 8.8 percent lower than the previous year, whichwas marked by major orders from the automotive industry, theywere still 14 percent above the level of two years ago. In theElectronics/Medical Technology division, sales rose by 4.5percent to 131 million. In the Power Tools division theyincreased by 4.2 percent to 43 million.

Net Income Increases, Slight Rise in Personnel Figures

Results from ordinary business activities, i.e. income beforetaxes, increased by 1.2 percent to 92 million. The netoperating margin amounts to 7.5 percent of sales. There was amarked improvement in the consolidated annual net income, whichrose by 18 percent to 55 million.

The ratio of equity to total assets remained high at 41.6percent. The drop by 2.6 percentage point in relation to theprevious year was due to part of the revenue reserves being usedto finance the reacquisition of the shares held by the BWK-Maschinenbau-Beteiligungsgesellschaft mbH, Stuttgart, Germany.The company is now 100-percent owned by the Leibinger family.

At the end of the fiscal year 2003/04 TRUMPF had 5,790employees, of whom 3,711 worked in Germany and 2,079 abroad.There was a slight rise in personnel figures of 0.5 percent.

High Amount of Investment in the Future

The company invested a large amount in its future during thefiscal year, both in research and development as well as infixed assets. Expenditure for research and development amountedto approximately 98 million, equivalent to an R+D quota of 8.0percent in relation to sales. Expenditure on fixed assets rose to83 million. The share of investments relative to sales added upto 6.8 percent. The new sales and service center and theextended showroom in Ditzingen, Germany now provide optimalconditions for customer care. TRUMPF also opened new customercenters in Italy and the Czech Republic.

TRUMPF Expecting a Dynamic Fiscal 2004/05

The first three months of the current fiscal year went verywell. TRUMPF is planning growth in all its divisions, and forfiscal 2004/05 it is expecting a sales increase of between 6 and7 percent to over 1.3 billion. Earnings should also increase.

The Most Important Figures at a Glance: TRUMPF Group 2003/04 2003/04 2002/03 Percentage change Sales in millions of1,221.2 1,193.3 +2.3 Overseas share 65.6 66.0

Orders received in millions of 1,305.7 1,082.9 +20.6 Incomebefore taxes in millions of 91.8 90.7 +1.2 Net income for theyear in millions of 55.5 46.9 +18.2 Cash flow in millions of96.9 89.9 +7.8 Expenditure on fixed assets in millions of 83.272.1 +15.3 Expenditure for Research and Development in millionsof 97.9 88.7 +10.4 No. of employees as of June 30, 2004 5,7905,764 +0.5

TRUMPF GmbH + Co. KG (www.trumpf.com)

The TRUMPF Group is one of the world's leading companies inmanufacturing technology, with sales of 1.22 billion/US $ 1.46billion (fiscal year 2003/04) and approximately 5,800 employees.The four divisions Machine Tools, Laser Technology,Electronics/Medical Technology, and Power Tools - are connectedunder the umbrella of the TRUMPF Group holding company. The corebusiness is flexible and precise sheet metal processing: punchingand forming, laser processing and bending. The company,headquartered in Ditzingen near Stuttgart, Germany, is the worldmarket leader and the technological leader in the area ofindustrial lasers and laser systems. With more than 40subsidiaries and facilities, the TRUMPF Group is present inalmost every European country, in North and South America, aswell as in Asia. Production facilities are located in Germany,France, Austria, Switzerland, Taiwan and the United States.

Contact: Ingo Schnaitmann Director Press and Public RelationsMail: ingo.schnaitmann@de.trumpf.com Tel. +49 7156 303 992Presse-Information TRUMPF Maschinen GmbH + Co. KGPresse-/Öffentlichkeitsarbeit

Postfach 14 50 D-71252 Ditzingen

Ingo Schnaitmann Telefon +49(0)7156-303-992 Telefax +49(0)7156-303-614 ingo.schnaitmann@de.trumpf. com

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