The WITTMANN Group Looks Into the Future with Optimism
In the fiscal year 2022, the WITTMANN Group could keep its sales figures at the previous year’s level. An increase of about 10% is expected for 2023.
For the WITTMANN Group, the fiscal year 2022 was characterised, on the one hand, by a high order intake, which was well above average, especially during the first half of the year. On the other hand, the tight situation regarding the supply of purchased parts, particularly electronic components, prevented the realisation of increased sales over the previous year. The sales figure of 376 million € for 2022 was roughly on par with the previous year’s level.
However, considerable progress was achieved with the WITTMANN Group’s numerous investment and building projects. Apart from new investments in ultra-modern machining centres at three production plants of the WITTMANN Group, the extensions to the buildings of WITTMANN BATTENFELD in Kottingbrunn and WITTMANN Robottechnikai Kft. in Mosonmagyarovar were completed in 2022.
The additional areas of production floor space now available will primarily serve to increase the production capacity for injection moulding machines. The extension of the Hungarian facility has also enabled an increase in the production of Tempro temperature controllers and robots of the new series equipped with R9 control systems.
The additions to the main building of WITTMANN USA Inc. in Torrington will be completed on schedule within the next two months to offer additional space for automation solutions and complete injection moulding cells in future.
Another ongoing project is the new building of the Hungarian sales and service organisation WITTMANN BATTENFELD Kft. in Törökbálint, near Budapest. Its competition is planned for the end of the second quarter of 2023.
Last year, the total number of the WITTMANN Group’s production plants was increased by adding a facility in Dilovası, Turkey. The main focus of this plant’s operations will lie on sheet metal and metal processing and will also include complete products for the WITTMANN Group’s range of auxiliaries. After 1 ½ years of preparation, it was possible to start series production of the first auxiliaries on January 1, 2023.
In the first stage, an area of 3,600 m² production floor space is available. The activities will be steadily increased over the coming months and years to support the operations of the WITTMANN production plants in Austria and France. The advantage of the new Turkish location is the presence of a growing labour market, which will not be subject to demographic change in the next few years, but instead continue to provide a reservoir of skilled industrial workers. This constitutes an optimal solution for the WITTMANN Group to meet its needs for future growth.
For the current fiscal year, Michael Wittmann, President of the WITTMANN Group, expects once again an increase in sales, from today’s perspective, to the order of about 10%. This estimate is based on the fact that the company started into the year 2023 with a high order backlog, and the market is beginning to show signs of improvement in the supply situation. Michael Wittmann comments: ”With our energy-efficient and powerful machines and products, we are in a strong position and can look into the future optimistically”.
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