Wittman Group reports continued growth in fiscal year 2018, anticipates slowdown

May 8, 2019

Injection moulding machine producer Wittmann Group, headquartered in Kottingbrunn, Austria, reports that it achieved increased sales figures in 2018 compared to the previous year, thus continuing its trend of year-on-year growth. However, the company also noted that since the end of 2018, it has seen a slowdown in orders.

In 2018, the group achieved sales of €425 million, representing an increase of just under 6% in turnover compared to the previous year. Highlights of the fiscal year 2018 for the company included the completion of extensive building projects, adding 2,200 m² to its overall production area. New administrative facilities were also built, which significantly expanded the available office space. Also constructed was a new R&D lab. On the production floor, the company completed installation of assembly lines for its EcoPower and SmartPower from 1,800 kN upwards.

In addition to the extensions in Kottingbrunn, Wittmann’s facilities in Nuremburg, the Czech Republic, Mexico and Italy were also expanded. The construction of a new, larger building in France, which was started in 2018, has also now been completed. The company moved into its new facilities at the end of April this year.

The extensive activities of the Wittmann Group relating to Industry 4.0 were supplemented in September 2018 with its acquisition of a stake in the Italian Manufacturing Execution System (MES) producer ICE-flex. As a result, the group’s ‘Wittmann 4.0’ technologies can now be integrated more smoothly into the TEMI+ MES programme.

Fiscal year 2019 began for the group with an order income on a par with 2016. Michael Wittmann, CEO, commented, “Innumerable political and economic uncertainties and discussions are now finally having a lasting effect on the investment behaviour in our industry, slowing it down. We were fully aware of the fact that the incredible succession of record results over the last ten years would eventually come to an end. The slowdown has now just started in the last quarter of 2018. We expect that the year 2019 will continue on the current level.”


Spring 2023 issue of PIM International magazine

In the latest issue of PIM International…

Download PDF

Extensive MIM, CIM industry and sinter-based AM industry news, plus the following exclusive deep-dive articles and reports:

  • Visottica Group: Integrated workflows and the value of Metal Injection Moulding in eyewear and beyond
  • In MIM’s post-smartphone era, where is China’s Metal Injection Moulding industry going?
  • Ceramic AM at scale: The story of how Steinbach AG scaled production to 12,000 parts a year for Da Vinci Surgical Systems
  • MIM F75 (Co-Cr-Mo) for high-volume production: The impact of sintering conditions on microstructure and properties
  • World PM2022: Research into the Binder Jetting of aluminium, Ni-free stainless steel, hardmetals and metallic glass

The latest news from the MIM, CIM and sinter-based AM industries

Don't miss any new issue of PIM International, and stay up to date with the latest industry news. Sign up to our fortnightly newsletter.

Sign up

Join our community

News from the industry…

    Discover our magazine archive…

    The free-to-access PIM International magazine archive offers unparalleled insight into the world of MIM, CIM and sinter-based AM from a commercial and technological perspective through:

    • Reports on visits to leading part manufacturers and industry suppliers
    • Articles on technology and application trends
    • Information on materials developments
    • Reviews of key technical presentations from the international conference circuit
    • International industry news

    All past issues are available to download as free PDFs or view in your browser.


    Browse the archive


    Looking for suppliers of materials, production equipment and finished MIM, CIM or sinter-based AM parts?

    Discover suppliers of these and more in our advertisers’ index and buyer’s guide, available in the back of PIM International.

    • Metal powders
    • MIM, CIM & AM parts producers
    • Binders & feedstocks
    • Feedstock mixers
    • Furnaces & furnace supplies
    • Atmospheres & gas generation
    • HIP systems & services
    • Injection moulding machines
    • AM technology
    • Debinding systems
    Download PDF
    Share via
    Copy link
    Powered by Social Snap