Annual figures
DMG Mori increases profit to 149.5 million euros
DMG Mori closed 2018 with another record turnover: turnover amounted to 2.655 billion euros. Incoming orders were also at a record level, increasing by 8 percent year-on-year to EUR 2.9756 billion.
"DMG Mori has continued to develop positively - technologically, structurally and culturally. We have achieved a lot and created new things. Our record figures for incoming orders, sales, EBIT and free cash flow confirm our course. We will continue to drive forward our future fields of automation, digitalization and additive manufacturing with dynamism and excellence. We still see a lot of potential here," says CEO Christian Thönes, explaining the figures (see table).
Despite the good results, the Executive Board points out the global uncertainties in the world economy when announcing the preliminary figures, including the trade conflict between the USA and China, the UK's possible disorderly exit from the EU and the current debt situation in Italy. According to forecasts by the VDW and Oxford Economics from October 2018, global demand for machine tools is only expected to grow by 3.6 percent in 2019 (previous year: +8.5 percent). The Executive Board will announce exactly how DMG Mori is adapting to these conditions at the annual press conference on March 12.
The figures
|
|
2018 |
2017 |
Changes |
|
Incoming orders |
2.975,6 |
2.754,8 |
8 |
|
Turnover |
2.655,1 |
2.348,5 |
13 |
|
EBITDA |
280,8 |
252,9 |
11 |
|
EBIT |
217,1 |
180,1 |
21 |
|
EBT |
214,8 |
176,4 |
22 |
|
EAT |
149,5 |
118,4 |
26 |
|
Free cash flow |
154,2 |
142,4 |
8 |
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