Incoming orders rose by 42.1% to a value of 5.6 billion euros (financial year 2020/21: 3.9 billion euros). Earnings before interest and taxes (EBIT) developed positively at 468 million euros, an increase of 26.8 percent compared to the previous year (370 million euros). Trumpf was able to stabilize earnings thanks to strong sales growth, particularly in the EUV business segment, as well as savings in material costs. As a result, Trumpf achieved an EBIT margin of 11.1 percent (previous year: 10.5 percent).

Nicola Leibinger-Kammüller, CEO of Trumpf: "Thanks to consistent crisis management, Trumpf has come through the pandemic well and has parried the supply chain bottlenecks in the best possible way. As a result of the strong increase in demand in the second half of the year, we have started the new financial year with a high order intake. Nevertheless, there is still a great deal of uncertainty for the coming months as to how the bottlenecks in the supply chains, high inflation, rising material and energy prices and transportation costs will affect our business. In view of the geopolitical uncertainties - such as the war in Ukraine and the tensions between the USA and China - I am also pensive about the overall economic trend. We are sensing a growing reluctance to invest in many markets."

Trumpf's largest individual markets

The Trumpf Group's share of sales shifted away from Asia in favor of Europe and North America in the reporting period: with sales of 838 million euros (previous year: 461 million euros), the Netherlands is Trumpf's largest single market in terms of sales for the first time in the 2021/22 financial year. This increase corresponds to a sales increase of 81.9% and is due to the strong growth of the EUV business segment with the customer ASML. In addition, the USA has become the second strongest market with 656 million euros; in the previous financial year, the USA was still in third place.

With sales of 589 million euros (previous year: 579 million euros), Germany is therefore no longer Trumpf's largest single market for the first time and is now only in third place. China, the largest single Asian market, fell short of the strong growth of the previous year and only increased by 9.6% to 575 million euros (previous year: 525 million euros), putting it in fourth place.
Corona infections and development of employee numbers up to 30.6.2022
As at June 30, 2022, the company recorded 3,958 coronavirus infections worldwide (previous year: 877), 822 of which were in Ditzingen (previous year: 114), which is due to the overall increase in infections abroad as well as advanced test diagnostics and systematic recording.

The number of Trumpf employees increased by almost 2,000 in the reporting period. In particular, new jobs were again created in the growth areas of EUV and electronics. As at June 30, 2022, the company employed 16,554 people worldwide (previous year: 14,767). In Germany, the number of employees rose by 10.7% to 8,417 (previous year: 7,602). Of these, 4,894 work at the headquarters in Ditzingen and Gerlingen. In the reporting year, 521 young people completed an apprenticeship or course of study at the Cooperative State University. At 3.3%, the rate was slightly below the previous year's level (3.6%).

Effects of the gas shortage and price increase / climate protection
Trumpf is not a gas-intensive company and primarily uses gas locally to heat production and office buildings. The ratio of energy costs to sales amounted to 1.0% in the 2021/22 financial year (€ 42 million/€ 4,223 million). In the 2022/23 financial year, however, the company expects a noticeable increase. The Trumpf Group's natural gas consumption amounted to 61,200 MWh in the past financial year. This corresponds to 3,600 4-person households. In Germany, consumption amounted to 35,600 MWh. This corresponds to 2,000 4-person households.

In the reporting period 1.7.2021-30.6.2022, the company was only marginally affected by the impact of the rise in gas prices due to a shortage of capacity. In April 2022, the Trumpf Executive Board nevertheless decided on forward-looking measures, particularly to reduce gas consumption, which have continued to this day. From May 2022, gas consumption over the summer months at the headquarters in Ditzingen was reduced by a good half as a result. The main measures were the use of new heat pumps, the reduction of system running times and dehumidification in the air conditioning systems, especially in the offices, as well as system optimizations (e.g. lowering setpoints). Trumpf is currently examining further measures for the more heating-intensive winter months.

The Trumpf Group's global electricity requirements amount to 166,000 MWh, of which Germany accounts for 100,400 MWh. The Trumpf Group covers 100 percent of this from green electricity or offsets it with certificates.

Regardless of the energy consumption and supply discussions, Trumpf has implemented further climate protection measures in line with the company's climate strategy. In addition to increasing energy efficiency at its sites worldwide, which saves 1.5 percent electricity and 3 percent natural gas and heating oil each year, the focus is on increasing energy efficiency in the company's own production by using process waste heat from production for heating. At customer level, the company has driven forward measures to improve the ecological footprint of its products.

Investments and acquisitions

While investments were scaled back in the previous year due to the pandemic, they increased again in the 2021/22 financial year. In total, Trumpf invested 218 million euros (previous year: 145 million euros) in land and buildings, technical equipment and operating and office equipment.

In July 2021, Trumpf increased its existing stake in the Dresden-based software company ZIGPOS GmbH from 25.1 percent to 51.3 percent. In August 2021, Trumpf agreed a strategic partnership with the Italian company STARMATIK S.r.l. and acquired a 25.1% stake in STARMATIK. The shares in SISMA S.p.A., also based in Italy, were increased from 55.0% to 100.0% at the turn of 2021/22. At the beginning of 2022, Trumpf acquired an 80.0% stake in Active Fiber Systems GmbH (AFS) in Jena to further develop the ultrashort pulse laser portfolio. In May 2022, we acquired the remaining 49.0 percent in the Indian software developer Trumpf Metamation Private Limited.

Trumpf is a research-intensive company that is well above the industry average. The number of employees working in research and development rose by 14.3 percent to 2,623 (previous year: 2,294). At 448 million euros, expenditure on research and development was significantly higher than in the previous year (382 million euros). Although the development ratio fell slightly in relation to the sharp rise in sales to 10.6% (previous year: 10.9%), it remained at a very high level, well above the industry average.