German Hermle Machine Tool Factory's Order Intake Increases by 14.9% to €138.2 Million in Q1 2026
2026-05-20 15:38
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en.Wedoany.com Reported - German machine tool and automation company Berthold Hermle AG announced its results for the first quarter of 2026. The group's order intake for the period increased by 14.9% compared to the same period last year, reaching €138.2 million (previous year: €120.3 million). The growth was primarily driven by sustained strong demand from the United States and the aerospace industry, with individual large-scale projects also having a positive impact on performance.

Foreign orders continued their upward trend, growing by 18% to €104.7 million (previous year: €88.7 million); domestic demand in Germany picked up noticeably, with new orders increasing by 6% to €33.5 million (previous year: €31.6 million). As of March 31, 2026, the group's order backlog stood at €118.0 million (previous year: €121.8 million, end of 2025: €90.6 million). Group sales in the first quarter rose by 14.1% to €110.9 million (previous year: €97.2 million), with domestic sales growing by 28.9% to €35.2 million (previous year: €27.3 million) and foreign sales increasing by 8.3% to €75.7 million (previous year: €69.9 million), causing the export ratio to fall to 68.3% (previous year: 71.9%).

Operating profit increased compared to the same period last year. Hermle reported that the positive effects from sales growth and improved capacity utilization more than compensated for the burdens of rising personnel costs and exchange rate fluctuations. At the end of the first quarter, Hermle's equity ratio stood at approximately 70%. The multi-year, large-scale investment program designed to secure the future development of all sites is proceeding as planned. During the reporting period, the focus was on the construction of a new application center and an affiliated canteen in Gosheim, which is expected to open in 2027.

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