Record-Setting Year for DMG MORI

The machine tool builder reports that 2014 was its best year ever.

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The DMG MORI SEIKI group reports record results in order intake, sales revenue and income for financial year 2014.

Order intake was €2,331.4 million, an increase from 2013’s €2,101.1 million and the highest ever for the company. Domestic orders amounted to € 814.5 million (previous year: € 705.8 million). International orders were € 1,516.9 million (previous year: € 1,395.3 million). Thus, the proportion of foreign business was 65% (previous year: 66%).

Sales revenues of € 2,229.0 million reached an all-time high in the company's history. They were € 174.8 million or 9% above the previous year’s figure (€ 2,054.2 million). International sales revenues rose by 5% to € 1,449.8 million, domestic sales revenues amounted to € 779.2 million. The export share was 65%.

On 31 December 2014, the order backlog at the group was € 1,134.3 million; it was thus € 102.4 million or 10% above the previous year’s figure (€ 1,031.9 million).

EBITDA increased for the whole year by 20% to € 232.5 million (previous year: € 193.9 million); EBIT amounted to € 182.6 million (+24%, previous year: € 147.6 million); the EBIT margin rose to 8.1% (previous year: 7.2%). EBT rose by 30% to € 175.3 million (previous year: € 135.0 million) and the annual profit of the group reached € 121.1 million (+30%, previous year: € 93.2 million).
 

Equity rose by € 101.7 million to € 1,266.1 million (previous year: € 1,164.4 million). This rise essentially results from net income for the year amounting € 121.1 million. The equity ratio, due to the risen balance sheet total, amounted to 56.8% (previous year: 57.9%).

On 31 December 2014, the group employed 7,166 employees, including 248 trainees, (previous year: 6,722). Thus, the number of employees rose by 444.

In the “Machine Tools” segment, the company has hired new employees at sites in Pfronten and Ulyanovsk, as well as at DMG MORI Systems GmbH in Wernau. The personnel increase in the segment “Industrial Services” resulted largely from bundling DMG MORI sales and service capacities in China, Brazil, Canada and Russia.

Access the full release, which also includes data on the company’s stock performance and other information.