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[BUSINESS] · Spain · 2 sources

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Wittmann Group forecasts 10% revenue growth amid market recovery

Wittmann Group CEO Michael Wittmann announced that the company expects to reach a turnover of approximately 330 million euros this fiscal year, representing a 10% increase compared to the previous year. During a press conference at Fakuma 2026, Wittmann noted that while market recovery is becoming visible through the realization of previously postponed projects, it is still too early to declare a consolidated trend change.

The company, which employs 2,050 people and operates ten production plants, maintains a cautious outlook. Wittmann highlighted that the injection molding sector, particularly in Europe and the automotive industry, is undergoing a deep transformation. Factors such as geopolitical tensions, high energy and production costs, and uneven bureaucratic simplification in Europe are contributing to accelerated desindustrialization.

Geographically, the group identifies significant growth potential in the United States, Eastern Europe, and Asia.

Entities

Michael Wittmann · Wittmann Group