DMG MORI AG with solid development in first half year
- Order intake reaches 1,141.7 million (-7 %; previous year: € 1,228.6 million)
- Sales revenues amounts to € 952.5 million (-14 %; previous year: € 1,104.2 million)
- EBIT totals € 44.9 million (previous year: € 105.6 million)
- EBIT margin at 4.7 % (previous year: 9.6 %)
- Free cash flow amounts to € -44.8 million (previous year: € -47.4 million)
CEO Alfred Geißler: “The first half of 2025 was marked by ongoing geopolitical uncertainties. In particular, intensified international trade conflicts further dampened demand for capital goods. DMG MORI AG performed solidly under these circumstances. Thanks to the consistent strategic focus on MX – Machining Transformation, based on Process Integration, Automation, Digital Transformation (DX) and Green Transformation (GX), DMG MORI is well positioned for the ongoing challenges.”
Order intake
In a continuously challenging market environment, DMG MORI AG achieved a solid order intake of € 579.4 million in the second quarter (+2 %; previous year: € 570.4 million). At the end of the first half of the year, orders were at € 1,141.7 million (-7 %; previous year: € 1,228.6 million). Domestic orders amounted to € 329.6 million (-15 %; previous year: € 385.8 million). International orders totaled € 812.1 million (-4 %; previous year: € 842.8 million). The share of international orders was 71 % (previous year: 69 %).
Sales revenues
Sales revenues in the second quarter amounted to € 483.8 million (-12 %; previous year: € 552.7 million). In the first half of the year, sales revenues were € 952.5 million (-14 %; previous year: € 1,104.2 million). Domestic sales were at € 361.9 million (previous year: € 461.0 million). International sales totaled € 590.6 million (previous year: € 643.2 million). The export ratio was 62 % (previous year: 58 %).
Results of operations, financial position and net worth
The earnings situation in the second quarter was largely influenced by the decline in sales revenues, as follows: EBITDA amounted to € 43.9 million (previous year: € 76.3 million). EBIT totaled € 25.2 million (previous year: € 58.0 million). The EBIT margin was 5.2 % (previous year: 10.5 %). EBT amounted to € 26.3 million (previous year: € 63.0 million). EAT was € 18.6 million (previous year: € 44.7 million).
In the first half of the year, EBITDA amounted to € 82.3 million (previous year: € 142.3 million). EBIT totaled € 44.9 million (previous year: € 105.6 million). The EBIT margin was 4.7 % (previous year: 9.6 %). EBT amounted to € 47.8 million (previous year: € 112.8 million). EAT was € 33.9 million (previous year: € -11.9 million). The EAT for the previous year comprises the EAT from continuing operations of € 80.0 million and the EAT from discontinued operations of € -91.9 million.
The financial position developed in line with our expectations. Free cash flow in the second quarter was positive with € 31.1 million. In the first half year, free cash flow amounted to € -44.8 million (previous year: € -47.4 million).
Employees
As of 30 June 2025, the Group had 7,322 employees, including 243 trainees (31.12.2024: 7,498). Personnel expenses amounted to € 311.3 million (previous year: € 314.8 million). The personnel ratio was 32.6 % due to the lower total operating performance (previous year: 28.4 %).
Research and development
We are consistently aligning our entire portfolio with our goal of being a holistic solution provider for our customers in the manufacturing environment. In 2025, together with our parent company DMG MORI COMPANY LIMITED, we will present 35 innovations – including 23 world premieres with maximum process integration, 3 automation solutions, 6 digital innovations, 2 new technology cycles, and a DMG MORI Component. We will also be presenting a wide range of solutions for more sustainability.
At the traditional open house exhibition in Pfronten at the beginning of the year, DMG MORI showcased its latest developments and innovations based on the “Machining Transformation” guideline. In the first half of the year, we added five new machine tools to our diversified product portfolio, including the DMU 60 eVo 2nd generation and the ULTRASONIC 20 linear 3rd generation.
Forecast
The outlook for 2025 remains volatile. Although there are signs of a slight recovery in some areas, ongoing geopolitical uncertainties – in particular the war in Ukraine, the conflicts in the Middle East, and the tariff announcements by the US government – will continue to weigh on the global economy.
DMG MORI AG has performed solidly in the first half of 2025. We are therefore confirming our forecasts for the full year: DMG MORI AG continues to expect order intake of between € 2.4 billion and € 2.5 billion for the financial year 2025. Sales revenues are forecast to remain between € 2.2 billion and € 2.3 billion. We continue to estimate EBIT of € 150 million to € 160 million. Free cash flow is expected to remain unchanged at between € 110 million and € 130 million. The forecasts do not take into account the effects of possible compensation from the investment guarantee for our production plant in Ulyanovsk, the amount of which cannot be estimated at present.
We expect positive momentum in the second half of the year from the world's leading trade fair for production technology: At EMO in Hanover (September 22-26, 2025), DMG MORI will present innovative, technological solutions that are optimally tailored to the needs of our customers.
DMG MORI AKTIENGESELLSCHAFT
The Executive Board
Disclaimer, Forward-looking statements
Company Profile // DMG MORI AG
DMG MORI is a leading global manufacturer of high-precision machine tools and is represented in 44 countries – with 124 sales and service locations, including 17 production plants. In the “Global One Company”, more than 13,500 employees are driving the development of holistic solutions in the manufacturing industry. Our portfolio covers sustainable manufacturing solutions based on the technologies Turning, Milling, Grinding, Boring as well as Ultrasonic, Lasertec and Additive Manufacturing. With technology integration, end-to-end automation and digitization solutions we make it possible to increase productivity and resource efficiency at the same time.
Forward-looking statements //
This (press) release contains forward-looking statements, which are based on current estimates of the management regarding future developments. Such statements are based on management's current expectations and certain assumptions. They are subject to risks, uncertainties and other factors, as well as to the effects of the war in Ukraine or other geopolitical conflicts, that could cause the actual circumstances, including the results of operations, financial position and net worth of DMG MORI AKTIENGESELLSCHAFT, to differ materially from or be more negative than those expressly or implicitly assumed or described in these statements. The business activities of DMG MORI AKTIENGESELLSCHAFT are subject to a range of risks and uncertainties, which may likewise render a forward-looking statement, estimate, or forecast inaccurate.
Should one of these factors of uncertainty or other unforeseeable event occur, or should the assumptions on which these statements are based prove incorrect, the actual results may differ materially from the results expressed, expected, anticipated, intended, planned, aimed at, estimated, projected or implied in these statements. Forward-looking statements must not be understood as a guarantee or assurance of the future developments or events contained therein.
There are two companies using the name “DMG MORI”: DMG MORI AKTIENGESELLSCHAFT with registered office in Bielefeld, Germany, and DMG MORI COMPANY LIMITED with registered office in Tokyo, Japan. DMG MORI AKTIENGESELLSCHAFT is an affiliated company of DMG MORI COMPANY LIMITED. This release refers exclusively to DMG MORI AKTIENGESELLSCHAFT. If reference is made in this release to the "group" or “DMG MORI AG“, this refers exclusively to DMG MORI AKTIENGESELLSCHAFT and its controlled companies within the meaning of Section 17 of the German Stock Corporation Act (Aktiengesetz – AktG). If reference is made to "DMG MORI" or the "Global One Company", this refers to the joint activities of DMG MORI COMPANY LIMITED and DMG MORI AKTIENGESELLSCHAFT including all subsidiary companies.