Trending...
- "JACKIE the STRIPPER," Starring Charlotte Kirk and The PUSSYCAT DOLLS' Kimberly Wyatt, Now Streaming on PRIME
- Infinity Infusion Solutions Launches "Women Leading Infusion Care" Campaign for National Women in Business Month
- Pregis to Highlight EPR Expertise, Sustainable Packaging Solutions and Live Automation Demonstrations at Pack Expo International 2026
CINCINNATI - ncarol.com -- In a year marked by the impact of COVID-19, which triggered harsh restrictive measures that slowed and paralyzed activity in the metal industry, Lantek has achieved record revenue. In 2020, sales reached 21.3 million euros, slightly higher than the previous year. As a result, the Spanish multinational, leader in software development and Digital Factory solutions, and pioneer in the digital transformation of the metal and sheet metal sector, has consolidated its leadership in the international market.
Lantek USA achieved nearly 9% growth in revenue in 2020. Over half of new U.S. customer revenue was from Smart Factory solutions (MES & ERP). More than 150% revenue growth was realized through their Distributor/OEM channels, compared to 2019.
The efforts of more than 220 Lantek employees worldwide in adapting to the new context and the confidence of customers have both contributed to the 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 revenue. In December 2020, the company billed 2.1 million euros, an increase of 9.9% compared to December 2019, a very positive year-end.
More on ncarol.com
The company also achieved a record number of active users. In 2020, the company gained 2,247 new customers, bringing the total to 25,747 distributed across more than a hundred countries.
The overseas market continues to increase its significant share of global sales and now accounts for 88% of revenues. By region, the impact of the pandemic was felt more in Europe, where the mobility restrictions imposed by governments have been more severe. As a result, Europe is slowing down its progress. However, in recent months Western Europe has regained some traction with increases of over 10% in Turkey and close to 10% growth in Italy, one of the countries most impacted by COVID-19.
Other continents are showing robust growth, such as Asia, with South Korea growing by more than 25% and China by nearly 20%; and the Americas, where the USA is up about 9% after winning new customers with major solutions and projects.
"We've closed a really complex year, but we've been able to adapt, respond and mitigate it. Our activity has not stopped, and productivity has increased. Already in the last part of the year, our strong order book and maintenance contracts have helped us decisively recover lost ground and end 2020 with a turnover above that of 2019. The figures demonstrate our collective effort to recover from this shock, both on the part of employees and partners, and our great ability to adapt to changing and uncertain environments to continue assisting our customers on their path to digital transformation," says Alberto Lopez de Biñaspre, CEO of Lantek.
2021 Outlook
More on ncarol.com
The second half of last year marked a turning point, with Lantek resuming its upward trend between October and December. The growth includes the addition of more professionals into the technical teams of Lantek's MES, CAD/CAM, and Cloud solutions areas. "We start this new year prepared and confident. Our teams are ready to take on the challenge, to continue to grow and implement the solutions that the industry needs," says Lantek's CEO.
###
About Lantek Sheet Metal Solutions
Lantek is a multinational leading the digital transformation of companies in the sheet metal and metal industry. With its patented smart manufacturing software, it enables factories to be connected, turning them into Smart Factories. It rounds off its range of services with CAD, CAM, MES, and ERP solutions for companies that manufacture metal parts from sheet metal, tubes, and profiles using any cutting technology (laser, plasma, oxycut, waterjet, shearing, and punching). Lantek's U.S. Headquarters are in Mason, OH.
For more information, visit: www.lantek.com/us
Lantek USA achieved nearly 9% growth in revenue in 2020. Over half of new U.S. customer revenue was from Smart Factory solutions (MES & ERP). More than 150% revenue growth was realized through their Distributor/OEM channels, compared to 2019.
The efforts of more than 220 Lantek employees worldwide in adapting to the new context and the confidence of customers have both contributed to the 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 revenue. In December 2020, the company billed 2.1 million euros, an increase of 9.9% compared to December 2019, a very positive year-end.
More on ncarol.com
- Freight Broker 911 CEO and President Milton Collier Is Rebuilding the Path Into Freight Brokerage
- Boston Industrial Solutions Launches New and Improved Siliart Website for Silicone Decorators
- Scoop Social Co. Brings Its Signature Mobile Dessert Experience to Phoenix
- Sky Quarry's Big Turning Point: CEO Marcus Laun Outlines the Next Phase for N A S D A Q: SKYQ
- ALIPAC Releases List of 170+ Illegal Noncitizen Voter Indicators
The company also achieved a record number of active users. In 2020, the company gained 2,247 new customers, bringing the total to 25,747 distributed across more than a hundred countries.
The overseas market continues to increase its significant share of global sales and now accounts for 88% of revenues. By region, the impact of the pandemic was felt more in Europe, where the mobility restrictions imposed by governments have been more severe. As a result, Europe is slowing down its progress. However, in recent months Western Europe has regained some traction with increases of over 10% in Turkey and close to 10% growth in Italy, one of the countries most impacted by COVID-19.
Other continents are showing robust growth, such as Asia, with South Korea growing by more than 25% and China by nearly 20%; and the Americas, where the USA is up about 9% after winning new customers with major solutions and projects.
"We've closed a really complex year, but we've been able to adapt, respond and mitigate it. Our activity has not stopped, and productivity has increased. Already in the last part of the year, our strong order book and maintenance contracts have helped us decisively recover lost ground and end 2020 with a turnover above that of 2019. The figures demonstrate our collective effort to recover from this shock, both on the part of employees and partners, and our great ability to adapt to changing and uncertain environments to continue assisting our customers on their path to digital transformation," says Alberto Lopez de Biñaspre, CEO of Lantek.
2021 Outlook
More on ncarol.com
- Hunter Is Releasing New Music For The Holidays!
- Tixpool.com - Naija Premier Event Reseller
- Work 365 Expands Distributor Integrations with Companial for Microsoft Partners
- Bruce Paulson Crowned The King of PBNs by the League of Lazy SEOs
- Remodelers Outstanding Construction Awards Announced
The second half of last year marked a turning point, with Lantek resuming its upward trend between October and December. The growth includes the addition of more professionals into the technical teams of Lantek's MES, CAD/CAM, and Cloud solutions areas. "We start this new year prepared and confident. Our teams are ready to take on the challenge, to continue to grow and implement the solutions that the industry needs," says Lantek's CEO.
###
About Lantek Sheet Metal Solutions
Lantek is a multinational leading the digital transformation of companies in the sheet metal and metal industry. With its patented smart manufacturing software, it enables factories to be connected, turning them into Smart Factories. It rounds off its range of services with CAD, CAM, MES, and ERP solutions for companies that manufacture metal parts from sheet metal, tubes, and profiles using any cutting technology (laser, plasma, oxycut, waterjet, shearing, and punching). Lantek's U.S. Headquarters are in Mason, OH.
For more information, visit: www.lantek.com/us
Source: Lantek Systems, Inc.
Filed Under: Technology, Manufacturing
0 Comments
Latest on ncarol.com
- NYC Banners Delivers High-Stakes UN General Assembly Backdrop for the US Department of State Event
- OneVizion Appoints Energy Infrastructure Executive Walt Farrell to Board of Directors
- Tampa Bay Reporter Launches with a Mission to Deliver Local News with National Reach
- "JACKIE the STRIPPER," Starring Charlotte Kirk and The PUSSYCAT DOLLS' Kimberly Wyatt, Now Streaming on PRIME
- Migguel Anggelo Celebrates the Immigrant Experience, Latino Identity, and the Power of Iconic Latin Rhythms During Hispanic Heritage Month
- Indianapolis Criminal Defense Firm Rigney Law LLC Relaunches Criminal Law Podcast "Tales from the Brown Desk"
- 3ptechies Makes Its Articles Audio-Ready With Instaread Voice Technology
- Genuine Hospitality, LLC Selected to Operate Fairfield Inn & Suites Tampa Wesley Chapel
- Advantage Newspaper Consultants Celebrates 30 Years of Serving the Newspaper Industry
- Pregis to Highlight EPR Expertise, Sustainable Packaging Solutions and Live Automation Demonstrations at Pack Expo International 2026
- [New Book] "Historic Maps of Charlotte" Available Now!
- Infinity Infusion Solutions Launches "Women Leading Infusion Care" Campaign for National Women in Business Month
- HuskyTail Digital Puts AI to Work Behind the Scenes to Cut Client Turnaround Time
- AI, Real-World Data "RWD" and U.S. Expansion Put Predictive Healthcare in Focus for POMDOCTOR Ltd. (N A S D A Q: POM)
- $11.18 Million DARPA Award Ignites a Major New Catalyst as FDA, Robotic TMS and Commercialization Milestones Converge for NRx Pharmaceuticals, Inc
- 2026 Triangle Parade of Homes Features Over 300 Homes
- "Next Friday" Star Mike Epps Hits Cherokee as KayeDinero Drops "Cherokee"
- P-Wave Classics to publish Thomas Holcroft's The Adventures of Hugh Trevor in three volumes, beginning 19 January
- Ad Leverage Sponsors ServiceTitan Pantheon 2026, Supporting Education and Growth in the Home Services Industry
- Travel Season Turns to the Smokies as KayeDinero Turns Cherokee Into a Song