
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.
Key Figures at a Glance
CHF 1,000 | Pro forma 2023 2) | Pro forma 2022 2) | Change (%) | Annual Financial Statements 2023 | Annual Financial Statements 2022 | Change (%) |
Order intake 1) | 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% |
EBIT 1) | 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 backlog 1) | 340 792 | 395 346 | -13.8% | 340 792 | 326 953 | 4.2% |
1) Non-GAAP financial measure, see page 125 in the 2023 Annual Report of the StarragTornos Group
2) Pro forma consolidated key figures, representing 12 months of Starrag Group and Tornos Group
3) 2023 consolidated financial key figures, representing 12 months of Starrag Group, 1 month of Tornos Group
4) 2022 financial key figures, representing 12 months of Starrag Group