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    Manufacturing

    Lantek closes 2020 with record sales

    • By MTDCNC
    • March 24, 2021
    • 2 minute read

    In a year marked by the impact of Covid-19, Lantek achieved a record turnover. In 2020, sales reached €21.3m, higher than the previous financial year. As a result, the Spanish multi-national leader in software development, digital factory solutions and a pioneer in the digital transformation of the fabrication and sheet metal sector, has consolidated its position in the international market. 

    The ability of more than 220 Lantek employees worldwide to adapt to the new situation and customer confidence have both contributed to an increase in revenues at the end of the year, showing a clear upward trend for 2021. 

    During the toughest quarter of the year with confinement measures affecting many of its international offices, the company suffered a contraction in sales of -10.4%, only to rebound as measures eased and sales returned to pre-pandemic levels. In the last quarter, Lantek achieved a 6% increase in turnover. In December 2020, the company billed €2.1m, an increase of 9.9% compared to December 2019, resulting in a very positive year-end. 

    The company also achieved a record figure in terms of the number of active users, with a significant increase during the year, gaining 2,247 new customers. The second half of 2020 marked a turning point, and between October and December, Lantek resumed its upward trend. This growth was accompanied by the incorporation of more professionals into its technical teams for MES, CAD/CAM and cloud solutions.

    https://cdn.mtdcnc.global/cnc/wp-content/uploads/2021/03/24112258/IM2020_lantek%C2%B4s-Team-s-640x360.jpg

    Lantek closes 2020 with record sales

    In a year marked by the impact of Covid-19, Lantek achieved a record turnover. In 2020, sales reached €21.3m, higher than the previous financial year. As a result, the Spanish multi-national leader in software development, digital factory solutions and a pioneer in the digital transformation of the fabrication and sheet metal sector, has consolidated its position in the international market. 

    The ability of more than 220 Lantek employees worldwide to adapt to the new situation and customer confidence have both contributed to an increase in revenues at the end of the year, showing a clear upward trend for 2021. 

    During the toughest quarter of the year with confinement measures affecting many of its international offices, the company suffered a contraction in sales of -10.4%, only to rebound as measures eased and sales returned to pre-pandemic levels. In the last quarter, Lantek achieved a 6% increase in turnover. In December 2020, the company billed €2.1m, an increase of 9.9% compared to December 2019, resulting in a very positive year-end. 

    The company also achieved a record figure in terms of the number of active users, with a significant increase during the year, gaining 2,247 new customers. The second half of 2020 marked a turning point, and between October and December, Lantek resumed its upward trend. This growth was accompanied by the incorporation of more professionals into its technical teams for MES, CAD/CAM and cloud solutions.