Hurco bucks the trend with record sales

Against a backdrop of difficult trading conditions in the UK machine tool industry, Hurco Europe’s turnover to the end of its financial year in November 2023 was surprising. It turned out to be a record year for sales, higher than the best previous figure, achieved in 2018.Managing director David Waghorn says: “We delivered a few more lathes than last year and, while the number of machining centres we sold did not increase, their unit price was significantly higher.”

There was also an increase in large machine sales, which increases the value per sale, while many negotiations included requests for extras like mist extraction, through-spindle coolant, probing and longer warranties. Notably, the addition of a collaborative robot raised the value of some orders:the number delivered was two and a half times up on the previous year.
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