Global economic slowdown results in lower revenue at TRUMPF / Leibinger-Kammüller: Cautious signs of recovery

Ditzingen, October 22, 2025 – At the close of the fiscal year 2024/25 on June 30, 2025, the TRUMPF Group recorded a decline in revenue of 16 percent to 4.3 billion euros (2023/24 fiscal year: 5.2 billion euros). The order intake fell less sharply to 4.2 billion euros (fiscal year 2023/24: 4.6 billion euros). This corresponds to a decrease of 7 percent compared to the previous year. Earnings before interest and taxes (EBIT) decreased to 59 million euros (previous year: 501 million euros) as a result of the decline in revenue, but also due to necessary structural measures. At 1.4 percent (previous year: 9.7 percent), the EBIT margin was also unsatisfactory. Earnings before interest and taxes, adjusted for the structural measures made, amounted to 230 million euros, with an EBIT margin of 5.3 percent.

When presenting the balance sheet in Ditzingen, Nicola Leibinger-Kammüller, CEO of TRUMPF, said: "The slowing global economy and geopolitical uncertainties have led to continued significant restraint in new investments among customers worldwide in the past fiscal year. Nevertheless, we believe that we have now reached the lowest point. We are seeing cautious signs of improvement. For example, our order intake has not decreased for several months and is stabilizing at a level that is still undeniably too low."

Leibinger-Kammüller therefore expressed cautious optimism about the outlook for the current fiscal year ending June 30, 2026, saying that TRUMPF sees opportunities in individual markets and business areas. "These include, for example, electromobility, semiconductors, and electronics, as well as our smart factories and services in the machine tools sector. Overall, it is to be expected that many customers will renew their machinery after a long period and will also take advantage of our offerings in the areas of networked manufacturing and artificial intelligence."

Against the backdrop of the geopolitical situation, TRUMPF has also decided, following intensive discussions among its shareholders and on the Managing Board, to make technologies for defense solutions available to its customers in the future. The basic prerequisite for this is that these solutions are exclusively defensive in nature, i.e., they are not directed against people. Discussions are currently underway with industrial partners in Germany to elaborate the details.

TRUMPF's largest single markets

TRUMPF's strongest single market in terms of revenue this fiscal year was once again Germany with 700 million euros (previous year: 824 million euros), which corresponded to a decline of 15 percent. Revenue in the USA also fell significantly by 17 percent to 661 million euros (previous year: 796 million euros). In China, the largest Asian market, revenue fell by 22 percent to 482 million euros (previous year: 615 million euros).

Business divisions and business fields

Looking at the business divisions, the Machine Tools business division generated the highest revenue at 2.4 billion euros (previous year: 2.8 billion euros). The Laser Technology business division recorded a decline in revenue to 1.2 billion euros in the year under review (previous year: 1.4 billion euros, adjusted for the Electronics division).

Revenue in the Electronics division amounted to 442 million euros. This corresponded to a decrease of 23 percent compared to the previous year (572 million euros). The EUV division, which is also reported separately, also recorded a 23 percent decrease compared to the previous year, with revenue of 724 million euros (previous year: 943 million euros).

Development of employee numbers

As of reporting date June 30, 2025, TRUMPF had 18,303 employees worldwide (previous year: 19,018). In Germany, the number of employees fell by 1.8 percent to 9,337 (previous year: 9,505). Of these, 5,907 were employed at the headquarters in Ditzingen, and in Gerlingen, Hettingen, and Höfingen. In the year under review, 613 young people completed a training course or a co-op work-study program, resulting in a training ratio of 3.1 percent (previous year: 2.9 percent). The effects of the structural measures taken by TRUMPF at the end of the fiscal year were not yet significantly reflected in the figures up to June 30, 2025.

The number of employees in research and development was 3,006 (previous year: 3,087). Research and development expenses amounted to 519 million euros, similar to the previous year (530 million euros). The ratio of R&D expenditure to sales revenues thus increased to 12.0 percent in relation to revenue (previous year: 10.3 percent) and remained at a high level, well above the industry average. 

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