Nuremberg, May 24, 2023 - TA Triumph-Adler GmbH has successfully closed the 2022/2023 financial year, which ended on March 31, 2023, with total revenue of EUR 306.4 million. Despite the persistently difficult global conditions, the company achieved growth of 7.3 percent compared to the previous year. An increased sales result that TA Triumph-Adler last achieved at a similar level at the beginning of the pandemic (FY20 sales: EUR 303.1 million). The bottom line is once again a profit.
"Our results show: TA Triumph-Adler can handle a crisis," Christopher Rheidt, Managing Director of TA Triumph-Adler, says. "Disrupted supply chains and increased transportation and raw material costs continued to affect us, as they did the entire industry, in the past financial year. Despite everything, we managed to strengthen our core business even in difficult times and also drive the company's development forward. A feat of strength by all our colleagues and a development that was only possible thanks to the support and understanding of our customers and partners. Today we can say that this joint effort has paid off. We have achieved our goal of quickly returning to our usual level. We are now back at pre-corona levels and have also launched strategic initiatives to ensure that we remain competitive in the long term. We are therefore optimistic about the future," says Rheidt.
Growth in both sales channels
TA Triumph-Adler will continue to benefit from its dual sales structure in the 2022/2023 financial year (period: April 1, 2022 to March 31, 2023). Direct sales achieved slight revenue growth compared to the previous year. Both areas - Hardware and Professional Service - are performing well. A significant increase in sales was achieved in the public sector in particular. In addition, the TA subsidiaries in Switzerland, Austria and the Czech Republic all achieved sales growth and a profit. TA Switzerland in particular grew significantly and exceeded its targets. In addition, the number of "Machines in Field" (MiF), the contractually bound printing and copying systems used by customers, increased slightly again in the 2022/2023 financial year - especially in the area of color systems. The print volume also remains stable at the level of the two previous years.
The indirect channel is also stable: the UTAX Group is growing slightly compared to the 2021/2022 financial year, with UTAX Export showing strong catch-up effects as a growth driver. However, UTAX Germany is also consolidating its good sales level.
Software solutions and production printing on the rise
The fact that the newer business units ECM & ICT and Production Printing are confirming their successful development by making a growing contribution to the company's success is a good sign of the company's ability to innovate. Both divisions have repeatedly impressed with a strong order intake. ECM & ICT achieves noticeable sales growth. Particularly with regard to the cloud ECM
yuuvis® RAD as a Service presented at the beginning of the year, the company has recorded high and steadily growing demand within a short period of time. The Production Printing division is also increasing sales of its systems and has increased its turnover by almost 70 percent compared to the previous year.
Christopher Rheidt: "Now it's time to focus on the future"
The positive results of the past financial year are reason enough for TA Managing Director Christopher Rheidt to look ahead with immediate effect: "After three financial years that were heavily influenced by external factors, we now need to get out of crisis mode. We want to take the lessons learned in recent years with us and continue to react flexibly to challenges in the future. However, we now need to focus more on our medium to long-term goals. We see ourselves as a sales and service company, we want to remain ambitious and not only maintain our high level of customer satisfaction, but also expand it in a targeted manner. Last but not least, we want to continue our successful development into a managed service provider and further strengthen our attractiveness as an employer. Of course, we will not stop developing creative answers to the challenges of our time in the future," emphasizes Rheidt.
