Earnings Projections – Metalworking Markets News

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Feintool increases sales in 2016 by 6% in local currency to $547.7 million

13 March 2017, 13:47
Feintool has increased sales by 6% in 2016 compared to the previous year to CHF 552 million ($547.7 million), company said in a statement received by deMetallo. The operating result (EBIT) increased by more than 20% compared to the previous year, to more than CHF 41 m. The operating margin amounted ...
943

PMPA Business Trends Index in April 2016 declined 9 points or 6.8% to 122, a point above last year’s full year average

25 May 2016, 14:22
With 82 companies responding, the PMPA Business Trends Index in April 2016 declined 9 points or 6.8% to 122, a point above last year’s full year average, reported Precision Machined Products Association. 122 also happens to be the average for the Business Trends Index Year to date. The March – April...
1034

Fanuc, Sisco, Rockwell Automation and Preferred Networks join forces to connect CNCs and robots

20 April 2016, 17:59
Fanuc, Cisco, Rockwell Automation and Preferred Networks will work together on the development and deployment of the FANUC Intelligent Edge Link and Drive (FIELD) system, a platform that connects not only Computer Numerical Control machines (CNCs) and robots, but also peripheral devices and sensors ...
896

Feintool increases sales by 12% in 1Q16 to CHF 139 million ($144.6 million)

20 April 2016, 15:37
Feintool reported sales of CHF 139 million ($144.6 million) from January 1 through March 31 2016, which corresponds to an increase of 12% after adjusting for currency-related factors. The series parts production business saw growth of 8% before allowing for exchange rate effects, while the cyclical ...
963

Trumpf showcases pilot factory for Industry 4.0

Special Report: Industry 4.0
19 April 2016, 19:14
Machine tool and laser specialist Trumpf is taking the next step in the practical implementation of Industry 4.0. Its in-house show, INTECH, will be taking place April 19-23, 2016 at Trumpf headquarters in Ditzingen, and the company will be using the event to showcase its connected pilot factory. Tr...
847

Sandvik Coromant launches the Graphene Challenge competition for individuals

13 April 2016, 12:22
Sandvik Coromant has launched a global competition for individuals to submit ideas for objects made from graphene that would revolutionize the modern household in a sustainable way. The development of new materials will have a much more crucial role in the future. Resource scarcity will demand inn...
730

Star Micronics reported net sales for the year ended February 29, 2016 increased 6.9% to 54,457 milllion yen

12 April 2016, 17:09
Star Micronics reported net sales for the year ended February 29, 2016 increased 6.9% to 54,457 milllion yen ($502.2 million), net income down 20.8% to 3,720 million yen.According to the company, during the fiscal year ended February 29, 2016, the U.S. economy exhibited a steady recovery trend, and ...
738

Starrag reports in 2015 order intake of CHF 333 million, or 18% less than in the previous year

4 April 2016, 07:17
In the 2015 financial year, the Starrag Group generated an order intake of CHF 333 million, or 18% less than in the previous year, company announced. At constant exchange rates, incoming intake showed a smaller decline of 11%. In the fourth quarter, an order intake of ...
674

Star Micronics starts production of cutting components at new factory in Ishikari, Japan

31 March 2016, 08:55
Star Micronics, Japanese producer of automatic lathes, has completed the construction of a new factory (2nd factory) building for Micro Sapporo Company (100% of the equity owned by Star Micronics, located in Ishikari, Hokkaido, Japan), company said in a statement. This domestic manufacturing subsi...
958

Siempelkamp to eliminate 350 jobs in Germany in 2016 and 2017

12 February 2016, 20:10
The Krefeld-based Siempelkamp Group will position itself with a stronger international focus in future, and will make greater use of its foreign production locations. With this move, Siempelkamp is reacting to new competitive situations, and to the weakening of originally strong markets such as ...

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