Order intake and backlog

At CHF 194.1 million, Tornos was able to stabilize order intake at a high level (previous year: CHF 204.6 million). All market segments and machine types contributed to the marked improvement.

Tornos’ most important market segment–medical and dental technology–is still in the lead with a share of 27.8% (2021: 24.8%), followed by the watchmaking industry with 14.5% (2021: 8.6%), the automotive industry with 12.5% (2021: 19.5%) and electronics with 10.1% (2021: 10.5%). Tornos made substantial gains in the aerospace industry with a new 4.3% share of order intake (2021: 0.6%). In 2022, 19.7% (2021: 19.7%) of order intake for Tornos came from subcontractors (known as job shops) that supply parts to several of the industries mentioned above.

At CHF 68.4 million, the Tornos Group’s order backlog at the end of December 2022 was again markedly above the already high prior-year level (end of 2021: CHF 59.3 million, +15.4%).