Turck managing director Christian Wolf is expecting a consolidated total turnover of around 430 million euros for financial year 2012
Turck Expecting 430 Million Euro Group Turnover
26/12 – Mülheim automation specialist is expecting as high a turnover for 2012 as for last year
“After two very successful years with increases in turnover of 25 to 30 percent, our target markets are currently undergoing a market consolidation phase in 2012, which has been somewhat more considerable than originally expected,” Wolf explains. “Our expected growth of five percent for this year could not therefore be achieved. In order to make a forecast for the coming year, we will have to wait to see if a trend reversal becomes apparent in the last quarter of 2012. If this is the case, we expect to increase sales in 2012 by around five percent, which would represent an overall turnover of around 450 million euros.”
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