THE MICROTECHNOLOGY INFORMATION PORTAL/THE SHOW
12.03.2018
A - Machines
Tornos returns to profit
- Successful product and service innovations
- Significant improvement in EBIT, net result and cash flow
- High order backlog for 2018
- The Board of Directors is proposing a distribution of CHF 0.15 per share
The Tornos Group posted very pleasing results in the 2017 financial year. Compared with the previous year, it achieved significant improvements in all key figures and increased the EBIT margin to 5.3%. This good performance is particularly attributable to the revised product range and the innovative customer service portfolio. The Tornos Group was able to make excellent use of the upturn in the target markets during the reporting year, strengthening its position considerably in the various market segments and regions.
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