StarragTornos Group
Shaping the future of the global metal-cutting machine tool industry
Annual Report 2023
To the online reportThe StarragTornos Group was formed by the merger of the two Groups Starrag Group Holding AG and Tornos Holding Ltd. It has been listed on SIX Swiss Exchange since December 8, 2023. The technologies and solutions of Starrag and Tornos “Rooted in Switzerland” are world leaders. The StarragTornos Group is combining the technical know-how in the field of precision machine tools and complementary technologies to a strong, broad-based company that plays a major role in shaping the future of the global metal-cutting machine tool industry.
More information about our products, our services, our industry and career opportunities at Starrag and Tornos:
Key Figures at a Glance
(CHF 1,000) | Pro forma2) | Pro forma2) |
| Annual Financial Statements3) | Annual Financial Statements4) |
|
| 2023 | 2022 | Change (%) | 2023 | 2022 | Change (%) |
Order intake1) | 528 700 | 589 900 | -10.4% | 392 185 | 395 802 | -0.9% |
Net sales | 564 693 | 499 000 | 13.2% | 409 000 | 317 592 | 28.8% |
EBIT1) | 46 410 | 29 600 | 56.8% | 35 686 | 18 563 | 92.2% |
Net profit | 32 439 | 20 800 | 56.0% | 25 176 | 11 114 | 126.5% |
Order backlog1) | 340 792 | 395 346 | -13.8% | 340 792 | 326 953 | 4.2% |