Tag: Business Administration

In the year of its 75th anniversary, the MAPAL Group is consistently focused on the future.

The business of the machine factory Berthold HERMLE AG continued to be affected by extremely uncertain conditions in the first five months of 2025.

In a persistently challenging business environment, the Plansee Group performed solidly in the past financial year.

The order intake in May was a pleasant surprise - albeit on a weak year-on-year basis. Overall, companies have recorded a slight increase in orders this year so far, but global uncertainty remains high.

The order intakes in mechanical engineering decreased by a real 6 percent in April compared to the previous year. An expected dampener, given the uncertainty caused by US tariff policy.

The business development of the machine factory Berthold HERMLE AG was, as expected, declining in the first quarter of 2025 due to the weak economy in the machine tool industry.

The first quarter of 2025 resulted in an order increase of a total of 4 percent - it was the first positive quarterly balance of orders in three years. March also closed with a pleasing order increase of 4 percent.

Real Gross Domestic Product (GDP) in the USA decreased by an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), reports the U.S. Bureau of Economic Analysis.

VDMA is filling two key positions: Dr. Johannes Gernandt will become the chief economist of the association, succeeding Dr. Ralph Wiechers. Oliver Richtberg will be the new head of foreign trade, succeeding Ulrich Ackermann.

After a decline in order intake, sales, and results in 2024, the company also forecasts significant sales and earnings losses for 2025.

The machine tool industry in Italy recorded an increase in the first quarter of 2025. This was due to a rise in domestic orders. The foreign business continues to be problematic.

The order intake for metalworking machines, measured by the U.S. Manufacturing Technology Orders Report published by AMT - The Association For Manufacturing Technology, amounted to a total of $389.9 million in February 2025, an increase of 9.9% compared to January and 12.5% compared to January 2025.

In February, the order books in mechanical engineering unexpectedly filled up by a real 8 percent. Part of this increase is due to large-scale business, and part is due to component business.

The business of the machine factory Berthold HERMLE AG was expected to be influenced by the cautious machine tool economy in 2024.