Spanish lathe builder CMZ says it exceeded all forecasts by achieving a turnover of £110m in the 2023 financial year. Equating to 549 machines delivered at an average delivery rate of 2.52 lathes per day, this historic milestone means the company has beaten all the goals set by its 2021-2023 strategic plan. This plan set out CMZ’s ambition to reach £100m turnover by the end of 2024. Hence, not only has the company beaten this goal by 10%, it has also achieved it a year ahead of schedule. Some 75% of the 549 machines delivered were exported to other countries.

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