
Sick achieves forecast targets
Sick AG continued its growth in the 2019 financial year. The sensor manufacturer increased its turnover by 7 percent.
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Sick AG continued its growth in the 2019 financial year. The sensor manufacturer increased its turnover by 7 percent.

The first quarter of the current financial year is characterized by the corona pandemic. DMG Mori is also feeling the effects of this and is now strengthening the future field of digitalization.

Beckhoff Automation generated global sales of 903 million euros in 2019. This corresponds to a slight decline in sales compared to the previous year. The company is confident about 2020 despite coronavirus.
BASF Group: Financial year 2019

In the 2019 financial year, the BASF Group's sales fell by 2% to €59.3 billion. The operating result (EBIT) fell by 28 percent to €4.5 billion.

DMG Mori has presented its preliminary business figures. According to the figures, the Group increased its turnover by 2 percent to 2.7 billion euros - a new record. At 154.6 million euros, profit was 3 percent up on the previous year. However, incoming orders are declining.
Siemens defies the weak economy and presents a good annual result. All annual forecasts were met. Nevertheless, the Group is also expecting a challenging new fiscal year.

High-performance plastics for motion remain in high demand worldwide. In 2018, Igus increased its turnover by 8.5 percent to 748 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.