DMG MORI has reported order intake rose to €861.6 million (+46%; previous year: €589.8 million) and sales revenue increased to €561 million (+33%; previous year: €421.6 million) in the first quarter of 2022.

Chairman of the Executive Board Christian Thönes: “We had an excellent start to the year and even achieved new record figures for order intake, EBIT, EBIT margin and free cash flow in the first quarter. The current financial year again presents us with major challenges. The war in Ukraine, the lockdown in parts of China, global supply and material shortages, high raw material and energy costs are affecting the entire industry. DMG MORI nevertheless confirms the forecasts for 2022.”

Order intake all-time high due to strong new machine business
The global market for machine tools was impacted in the first quarter 2022 by the Ukraine war, global supply shortages as well as rising inflation. However, DMG MORI made a strong start to the current financial year: Order intake rose to a new record of € 861.6 million (+46%; previous year: € 589.8 million). The new machines business in particular contributed to this with an increase of 50%.

Domestic orders grew by +40% to € 243.6 million (previous year: € 174.6 million). International orders went up by +49% to € 618.0 million (previous year: € 415.2 million). The share of international orders was 72% (previous year: 70%).

Sales revenues / High utilisation of capacities at production plants
Sales revenues rose by +33% to € 561.0 million (previous year: € 421.6 million) despite continuing difficulties in the supply of materials and high logistics shortages. As in the previous year, the export ratio was 68%. Pressure on global supply chains intensified further in the first quarter 2022. Thanks to a stable, long-standing network of partners and suppliers, DMG MORI was able to secure the material supply in the production plants. We counter longer delivery times with targeted measures, such as the expansion and optimisation of assembly, logistics and production capacities.

For further details contact Retecon on TEL: 011 976 8600 or visit www.retecon.co.za