Lantek Achieves Record Revenue and Embarks on a New Phase of Global Growth
The Basque multinational increases revenue by 11% and accelerates its international expansion through the momentum of Japan and Canada and the future BNEST technology campus at the Basque Country Technology Park’s Bilbao Campus
Lantek, the multinational company specialising in software solutions for the metal industry, has presented the results of its latest financial year, which ended on 30 June, during its annual International Meeting. The company achieved a record consolidated revenue performance. An 11% increase compared with the previous financial year has brought Lantek’s revenue to almost €40 million, supported by a historic order backlog and a broad base of active maintenance contracts. This growth is underpinned by an installed customer base that now exceeds 41,000 clients worldwide, compared with 24,600 six years ago, representing growth of 67% and reflecting the company’s sustained trajectory. These recurring revenues provide stability and visibility to Lantek’s growth while strengthening long-term relationships with the industrial companies that rely on its solutions.
According to Alberto López de Biñaspre, CEO of Lantek, “This year’s growth reflects the strength of our business and the effort we make to support our customers ever more effectively. Our international structure and accumulated expertise enable us to provide that support wherever our customers operate, and this is one of the key drivers behind our sustained growth year after year.”
A global platform to accelerate growth
For the coming financial year, Lantek expects to continue along this growth path, supported by the progressive contribution of its offices in Japan and Canada, the latest milestones in an expansion strategy that continues to advance, and by strengthening its teams in the world’s leading industrial markets. The addition of new resources will enhance its commercial, technological and service capabilities and enable closer support for manufacturers’ international operations.
“Lantek is entering a new phase with a clear ambition: to scale what we already do well and accelerate our evolution. We will continue strengthening our teams, capabilities and the markets with the greatest potential, such as Japan and Canada, while assessing opportunities that allow us to incorporate new technologies, expand our international presence and create greater value for our customers,” said López de Biñaspre.
Future expansion at the Zorrotzaurre Technology Hub
The Lantek BNEST Technological Campus project is another expression of this new phase of transformation and growth. The company’s future facility will be developed at the Bilbao Campus of the Basque Country Technology Park in Zorrotzaurre, strengthening Lantek’s connection with one of the region’s leading industrial, technological and knowledge hubs.
The new building will be designed to foster innovation, collaborative working and the professional development of its teams. It will also enhance Lantek’s ability to attract specialised talent, create new career opportunities and collaborate with companies, universities and technology organisations. After four decades of growth and development, BNEST will mark a new milestone in the company’s evolution and strengthen its position as a leading technology employer.
“BNEST is another example of the company we are building at Lantek: a space designed for our professionals to grow, collaborate and develop technologies that have a real impact on industry. It is a long-term commitment to people, knowledge and the future of our organisation,” added the CEO of Lantek.