December 21, 2014 9:16 PM ET

Machinery

Company Overview of TRUMPF GmbH + Co. KG

Company Overview

TRUMPF GmbH + Co. KG designs, manufactures, and sells machine tools, laser technology, and electronics products worldwide. The company offers machine tools for flexible sheet metal processing, punching and forming, laser processing, combined punching, laser cutting and laser welding, and bending, as well as software, storage systems for the automatization of sheet metal shop, and machine life cycle services. It also provides power tools, including shears, nibblers, seam lockers and power fasteners, deburrers and bevellers, and slat cleaners. In addition, the company offers laser technology products, including laser systems for cutting, welding, and surface-treating of three-dimensional compo...

Johann-Maus-Strasse 2

Ditzingen,  71254

Germany

Founded in 1923

10,914 Employees

Phone:

49 7156 303 0

Fax:

49 7156 303 930309

Key Executives for TRUMPF GmbH + Co. KG

Chairwoman of the Managing Board and President
Age: 55
Chief Financial Officer and Member of Managing Board
Age: 46
Vice-Chairman of Managing Board
Age: 47
Managing Director
Age: 56
Technical Managing Director of Medical Technology Business Division and Managing Director of TRUMPF Medizin Systeme GmbH
Age: 61
Compensation as of Fiscal Year 2014.

TRUMPF GmbH + Co. KG Key Developments

The TRUMPF Group Announces Earnings Results for the Full Year of Fiscal 2014

The TRUMPF Group announced earnings results for the full year of fiscal 2014. The company increased its income significantly in fiscal year 2014. Earnings before taxes rose by 61.2% to €248 million compared with €154 million for the same period a year ago. One reason for the significantly higher result is an increase in revenues. During the 2014 fiscal year, the company realized a total of €2.587 billion. Compared to the previous year’s sales of €2.343 billion, this represents an increase of 10.4%. The sales figures also include various acquisitions by the company for the first time.

TRUMPF Group Announces Preliminary Sales Results for the Year Ended June 30, 2014; Provides Earnings Guidance for the Year 2014

TRUMPF Group announced preliminary sales results for the year ended June 30, 2014. For the year, the company reported that it has achieved sales of EUR 2.584 billion. In relation to the previous year's sales of EUR 2.343 billion this is equivalent to an increase of 10.3%. For the year, the company expects earnings far in excess of the previous year's figure.

TRUMPF GmbH + Co. KG Announces Management Changes

Harald Völker stepped down from the Group Management Board of TRUMPF GmbH + Co. KG. Dr. Lars Grünert, who was already member of the Management Board of the machine tool and laser manufacturer in Ditzingen, will take over his duties as CFO. Harald Völker worked for TRUMPF since 1990 and held the position as CFO of TRUMPF GmbH + Co. KG and at the same time as Chairman of the Medical Technology Division since 2001. Dr. rer. pol. Lars Grünert, who has been working for TRUMPF since 2002, will be the new CFO. Dr. Grünert has been Executive Vice President of TRUMPF GmbH + Co. KG since 2010 and was up to now CFO of the Laser Technology/Electronics Division. Within the Group Management Board he will remain responsible for organizational development and information technology, among other things.

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