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Trodat-Trotec Group overcomes turbulent start to the year

July 30, 2018

The company from Wels increased its sales to 122 million euros in the first term - "Family dispute is resolved.”

This year began turbulently for the stamp producer Trodat: A family quarrel and a change in ownership caused a furor in early February. CEO Michael Peduzzi left, Norbert Schrüfer replaced him.

The 58-year-old has been in office for 4 months now. Meanwhile, the company seems to have steered into calmer waters. "The dispute has been settled, and we are looking ahead," says Schrüfer in an interview with OÖNachrichten.

In terms of business, the first half of 2018 was the most successful one so far for the Trodat-Trotec Group. Compared to the previous year sales rose slightly from 120 million euros to 122 million euros. Half of this was due to stamp production, the other half was the production of laser plotters for cutting, engraving, and marking. According to Schrüfer, a 2017 company acquisition in the USA also contributed to the sales growth.

The CEO issued a rejection to critics who give the stamp business an expiration date: "The stamp is not a dying swan. We are growing in China, India and South America." Schrüfer also admits to seeing greater opportunities in the laser segment in the future. The Welser group of companies sees continued growth by means of company acquisitions. The company is in concrete talks with three international companies, two from the stamp industry and one from the laser sector, reveals Schrüfer.

250 million mark as a target

The number of employees increased from 1,395 to 1,542, with about 500 employees located in Austria. The group of companies includes 40 corporations. More than 98 percent of the products are exported.

The Trodat boss wants to continue the drive from the first six months: "Experience has shown that the second half of the year is stronger." In 2017, the company generated a turnover of 249 million euros; which should be exceeded this year.