Industrial laser and machine tool company Trumpf has reported a sharp increase in profits in its latest financial year, thanks in large part to burgeoning demand for the ultra-high-power lasers it provides for extreme ultraviolet (EUV) lithography systems.
The Ditzingen-headquartered firm, which earlier this week announced the death of its highly influential previous managing director Berthold Leibinger, had already revealed record sales of €3.6 billion for the year ending June 2018, up 15 per cent year-on-year.
