Lantek grows in turnover and reinforces its position as a global leader
During its International Meeting 2024, the Basque multinational presented the results of its 2023/24 fiscal year, reaching its highest ever revenue with a turnover of 36.1 million euros.
Its global presence continues to be one of the company’s strengths and one of the areas of business expansion, with a view to continuing to offer the best service in new markets during 2025.
Lantek, a pioneering multinational in the digital transformation of the sheet metal and metal cutting and processing sector, has announced its financial results for the last financial year, which ended on 30 June, at its annual International Meeting. The Basque company has consolidated, for yet another year, stable growth, having exceeded the 36.1 million euro barrier in the last financial year, which represents the highest turnover in the history of Lantek.
For Alberto López de Biñaspre, CEO of Lantek: ‘In such a changing global market, we have once again been able to adapt to the different economic contexts thanks to the collaboration and effort of our international team. The combination of a solid service close to our customers, together with a broad portfolio of products and solutions is what allows us to continue to grow. Now, we materialise our commitment to innovation through the launch of v44, ‘Connected. Live. Smart‘, which reflects our aim to offer advanced and connected solutions to improve our customers’ production efficiency.
Lantek has demonstrated its ability to adapt by responding to a more challenging machine tool market this year, clearly focused on efficiency, in which the company has managed to maintain stable growth in turnover compared to the previous financial year.
The International Meeting 2024, the annual event that brings together professionals from all over the world, is being held at the Ondare building in Vitoria, where the company is presenting its new product developments and setting out its strategic priorities for the coming year. On this occasion, more than 200 professionals, including representatives from the 21 offices and Lantek’s main distributors and partners, have gathered to work on future objectives.
During the two days, attendees are learning first-hand about technological and product advances, highlighting the new version of Lantek’s software, which includes improvements in automation and efficiency, as well as developments focused on systems integration and the use of artificial intelligence.
International leadership
With more than 400 employees globally, Lantek continues to demonstrate that its international presence is one of its most solid pillars, establishing local services in key locations around the world, allowing it to take advantage of important business opportunities in various regions.
In fact, the financial results presented support double-digit growth in markets such as Spain, USA, China, and France, demonstrating the potential of these regions. Moreover, this leadership will be reinforced in 2025 with a view to opening up new markets.
