DMG MORI has called 2017 “the year of innovations for DMG MORI”

Company promises 18 world premières this year with eight launching at EMO 2017.

In reporting its best quarterly order intake ever, German-Japanese machine tool giant DMG MORI has called 2017 “the year of innovations for DMG MORI” and is aiming to present 18 world premières this year.

Eight of those will be unveiled at the forthcoming biennial EMO manufacturing technology show to be held in Hanover this September. These will take in developments in the areas of automation, digitisation (Industry 4.0) and additive manufacturing.

“Our goal for the future is to make it possible for every DMG MORI machine to be equipped with automation. With innovative software solutions, we are shaping the future for Industry 4.0. We have already prepared our machine tools for digitisation in recent years with CELOS, the app-based control and operating software. With the founding of the start-up ISTOS, we have expanded our digitisation expertise. DMG MORI is specifically strengthening its future technologies in additive manufacturing. With powder bed selective laser melting we are now bringing the most important generative production processes for metallic materials together under one roof. For this purpose, we acquired 50.1% of Realizer GmbH at the beginning of the year. This strategic acquisition is the perfect complement to our advanced technologies.”

On the business front, the company reports that order intake rose by 17% to €693.9 million in the first quarter (previous year: €591.6 million), the highest quarterly value in the company’s history. Adjusted for the effects from the realignment – among others, the changed sales and service structure in Asia and America – it recorded growth of 24%.

Sales revenues reached €533.9 million, slightly below the value in the previous year of €541.4 million. But adjusted for effects of the realignment, sales revenues are 4% higher than the comparable value of the previous year.

The company is forecasting €2.3 billion in order intake and around €2.25 billion in sales revenues for its financial year 2017/18. On 31 March 2017, the group employed 6 894 employees, including 278 trainees.

For more information contact Retecon Machine Tools on TEL: 011 976 8600 or visit www.retecon.co.za