Tag: Business Administration
No walk in the park for the precision tool industry
German manufacturers produced precision tools worth 9 billion euros in 2024 and ended the year with a significant loss. The forecasts for 2025 are also cautious.
AMF hopes for a turnaround after decline in sales
AMF has to cope with declining sales in 2024 and aims to return to a growth path in 2025.
Order intake in mechanical engineering - Annual balance 2024
The overall result of orders in 2024 in the machinery and plant engineering sector is disappointing. The wait for a turnaround continues. Better framework conditions in Germany are an important aspect.
At ARNO, the direction is right
The tool manufacturer Karl-Heinz Arnold GmbH (Arno Tools) reports a revenue decline of 5.5 percent to around 54 million euros for 2024 after the record year 2023.
HERMLE invests in the future, despite difficult circumstances
The machine factory Berthold HERMLE AG has held its ground well in the current year 2024 despite very challenging economic conditions and was able to stabilize its sales in the third quarter at the previous year's level.