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Chairman of the Executive Board Christian Thönes: “DMG MORI benefits from its consistent realization of the strategic fit of automation, digitization and sustainability. After a strong first quarter 2022, we achieved new record figures for order intake and free cash flow in the first half-year – and this against the background of high volatility and a more difficult market environment. Based on this successful business development, we are raising our forecast for 2022 here.”
UNITED GRINDING and TITANS of CNC, a manufacturing group of part-makers, influencers and educators, have collaborated to launch the all-new Grinding Academy. Much like TITANS’ existing machining and aerospace academies, the Grinding Academy will offer free online courses that teach and train the next generation of machinists.
At today's meeting of the Supervisory Board, the Supervisory Board and Executive Board of DMG MORI AKTIENGESELLSCHAFT strongly condemned the Russian government's war against Ukraine. As a reaction all business activities in Russia have been suspended. Already at the end of February, DMG MORI has stopped all sales and service activities in Russia as well as the production in Ulyanovsk. This also includes all deliveries of machines, spare parts, components and services to Russia.
Taiwan, ranked as the world’s 9th-largest manufacturing nations, is one of the major producers in the machine tool industry with about 1,950 companies located on the island and over 43,000 people are employed in the sector.
Not satisfied with the sole role of leader in the world of precision mechanics, Hiwin believes the philosophy of "Total Solution", thanks to the combination of HIWIN Technologies which develops and produces products for the world of mechanics, robotics and HIWIN Mikrosystem with its numerous customers and successful products in the field of mechatronics.
AXILE is excited to participate in EMO Milano 2021. At this exhibition, we presents AXILE G6 MPC & G8, the high-speed 5-axis VMC to help manufacturers reach automation production!
L&L located in middle of Taiwan will share our concepts of the intelligent technology, the features and our solutions by this on-line presentation.
Taiwan's machine tool industry has an impressive 60-year track record and has enjoyed the advantages gained from industrial clustering, access to high-quality talent, an advantageous location in the Asia-Pacific region, and a comprehensive list of IT services that can provide rapid support. Taiwan's machine tool products represent excellent value and are highly regarded by customers across a wide range of industries around the world.
DMG MORI AKTIENGESELLSCHAFT recorded a highly dynamic business development in the 1st half year of 2021. All key figures increased significantly: Order intake rose by +59% to € 1,248.7 million (previous year: € 784.0 million). Sales revenues increased to € 933.5 million (+11%; previous year: € 838.0 million). The earnings situation also improved further: EBIT rose to € 42.2 million (+27%; previous year: € 33.2 million). The EBIT margin reached 4.5% (previous year: 4.0%). Free cash flow in particular developed positively, rising to the record value of € 113.2 million at the end of the first half year (+242%; previous year: € -79.7 million).
DMG MORI is building Africa's first machine tool factory in Cairo. This was officially decided at a meeting with Egypt's President Abdel Fattah El-Sisi. In the presence of Prime Minister Dr. Mostafa Madbouly, Chairman of the Executive Board Christian Thönes and AOI President Lt. Gen. Abdel Moneam Al Tarras signed a pioneering cooperation agreement.
DMG MORI AKTIENGESELLSCHAFT recorded a dynamic course of business in the 1st quarter 2021 – in particular due to the favorable development in order intake. At € 589.8 million (+34%), DMG MORI recorded significantly more orders than in the comparable quarter of the previous year. Sales revenues in the first three months reached € 421.6 million. EBIT amounted to € 11.8 million under continued difficult conditions. EBIT margin was 2.8%. Free cash flow improved significantly and was already clearly positive in the 1st quarter at € 39.6 million (+208%).
2020 was an exceptional year: Corona pandemic plus economic weakness, geopolitical uncertainties, industrial restructuring. Global demand for machine tools was declining significantly due to corona and economic factors. Also DMG MORI could not escape these consequences: Order intake, sales revenues and result were clearly below the record year 2019. The negative effects of the crisis could successfully be limited by rapidly introduced and consistently implemented measures to reduce costs, increase flexibility and secure liquidity – while maintaining a stable budget for research and development. Order intake reached € 1,599.4 million (previous year: € 2,563.1 million). Sales revenues were € 1,831.3 million (previous year: € 2,701.5 million). The earnings situation developed successfully despite more difficult market and economic conditions: EBIT amounted to € 81.7 million (previous year: € 221.7 million). The EBIT margin reached 4.5% (previous year: 8.2%). At € 15.7 million, free cash flow was positive (previous year: € 168.8 million).
Whether in the machining of injection nozzles for vehicles or in the production of moulds for the smallest injection moulding components – machining in the micro range is used in many applications.
A top result in preventive maintenance and a gradual recovery of new machine business: How STUDER has come through the Corona crisis so far. An assessment by Managing Director Sandro Bottazzo
The automation specialist Afag has developed a practical online tool for calculating cycle times. With Afag PerfectCycle, users are not just able to save time during the projecting and design phases, but can also validate and compare different system configurations.
The effects of the corona pandemic continue to be clearly felt. The weak overall economic situation led to a further decline in worldwide demand for machine tools. At DMG MORI, order intake, sales revenues and earnings in the first nine months of 2020 were also significantly below the high figures of the previous year due to corona. Order intake reached € 1,187.8 million (previous year: € 2,008.4 million). Sales revenues were € 1,305.3 million (previous year: € 1,892.6 million). The earnings situation was positive despite difficult market and economic conditions: EBIT amounted to € 53.4 million (previous year: € 154.4 million). The EBIT margin reached 4.1% (previous year: 8.2%).
30 October 2020, the EuroBLECH Digital Innovation Summit provides a much anticipated trade and networking event for the global sheet metal working community, presenting a broad programme for trade professionals including virtual product presentations, expert webinars, and plenty of matchmaking. Visitors can participate for free and register online from the beginning of October.
By investing in the innovative dry electropolishing system DryLite the TEAMZIEREIS milling center, specialized in dental products and job shop services, expands its service portfolio. The DLyte 10D system allows the automatic polishing of components produced with additive manufacturing and hybrid manufacturing. It places an excellent polished finish on removable partials, dental crowns and products for orthodontic treatments.