Outlook

In view of its record order backlog, the Tornos Group is very well positioned for 2023. However, it is still difficult to make concrete forecasts due to global economic developments, which are still impossible to estimate. The ongoing war in Ukraine and the coronavirus pandemic in China, which has not yet ended, uncertainty regarding the availability of raw materials and supplier parts, and burgeoning fears of inflation and recession bring with them many uncertainties.

However, for Tornos, some of these developments also present opportunities. The trend towards industrial relocation in the US and Europe created by the disruptions in global supply chains is generating new demand for our products. With its portfolio, which is excellently aligned to customer needs, its steadily expanding services and its flexible structure, the Tornos Group remains well equipped for a wide variety of scenarios.