
StarragTornos Group
Shaping the future of the global metal-cutting machine tool industry
Annual Report 2024
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.
Key Figures at a Glance
CHF 1,000 1) | 2024 | 2023 5) | Change (%) | Proforma 2023 4) | Change (%) | |
Order intake 2) | 476 347 | 392 185 | 21.5% | 528 700 | -9.9% | |
Net sales | 494 056 | 409 000 | 20.8% | 564 693 | -12.5% | |
EBIT 2) | 15 423 | 35 686 | -56.8% | 46 410 | -66.8% | |
Net profit | 11 850 | 25 176 | -52.9% | 32 439 | -63.5% |
2) Non-GAAP financial measure, refer to page 218
3) Excluding apprentices and interns
4) Pro forma consolidated financial key figures, representing 12 months of Starrag Group and Tornos Group
5) Consolidated financial key figures, representing 12 months of Starrag Group, 1 month of Tornos Group