Trumpf has released its financial statements for the 2017/18 fiscal year, showing thatsales rose by 14.6% to almost €3.6bn – the highest figure in company history since its foundation in 1923. Also, profits are up by 52.3% to €514m, while thegroup-wide workforce grew by 12.9% to 13,420. Orders received increased 12.5% to €3.8bn. The company’s largest business division, Machine Tools, increased sales by 11.3%, whilethe Laser Technology division achieved sales growth of 21.5%. Germany was the largest single market for Trumpf, followed by China and the USA.
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