Lantek reports 25% increase in turnover

Sheetmetal software company Lantek has announced its global financial results for the 2022/23 financial year, concluding on June 30, 2023. The company has achieved a 24.9% surge in sales, resulting in a turnover exceeding €35.3m.

"This financial year has been a pivotal period for Lantek as we continue to strengthen our position as a leading company in our sector,” said CEO Alberto López de Biñaspre. “Dedication to the industry and our customers remains steadfast, even in times of uncertainty. We are proud of our team’s efforts to develop pioneering products that empower both Lantek and our customers to succeed in various industrial projects."

The company’s global market vision has recently been increased by the creation of Lantek Australia, serving customers operating in both Australia and New Zealand.

As part of Lantek’s strategic commitment to digitalising the industrial metals sector, the company has made significant progress in its growth plan and is on track to employ nearly 400 professionals globally. The company is committed to nurturing STEAM talent with a global perspective and international reach. Women in STEAM recruitment have represented 58% of that talent during the past financial year.

With a steadfast commitment to innovation spanning over 35 years, R&D has been an enduring component of Lantek’s success. The company has close collaboration with over 140 leading machine tool manufacturers worldwide, exemplifying its dedication to driving transformative advancements through cutting-edge software solutions. To this end, Lantek’s R&D team has doubled within the last two years.

As part of its strategy for technological leadership, Lantek actively participated in the aiXia collaborative project, aimed at establishing a secure and reliable infrastructure for AI federated services and is associated with the Basque Artificial Intelligence Centre (BAIC). Collaborating with this respected Basque Country organisation for AI, further demonstrates its commitment to the development of talent while upholding ethical and regulatory AI standards.

Through these initiatives and strategic alliances, Lantek remains at the forefront of promoting technological advancements, spearheading transformative innovations in the industry.

Lantek

www.lantek.com