Hermle's business performance exceeded expectations in 2022
22/03/2023
Maschinenfabrik Berthold Hermle AG performed much better than expected in the 2022 financial year. Compared with the corresponding period of the previous year, the Group turnover of the southern German machine tool and automation specialist rose, according to, as yet, unaudited provisional figures, by around 26% to approximately €m 474 (previous year: €m 376), with international sales slightly surpassing domestic sales. On a provisional basis, the Hermle Group achieved an operating result increase of roughly 33%, reaching around €m 99 (previous year: €m 74.6). In November 2022, the company announced a turnover increase of 20% and a disproportionately low increase in earnings.