During its International Meeting 2024, the Basque company LANTEK revealed its fiscal 2023/24 results, achieving a record revenue of €36.1 million. The company’s global presence remains one of its key strengths and a crucial area for expansion, as it aims to continue delivering top quality service in new markets throughout 2025
Lantek multinational company, a pioneer in the digital transformation of the sheet metal and fabrication industry, announced its financial results for the fiscal year ending June 30 at its annual International Meeting. The company has once again reported stable growth, surpassing €36.1 million in revenue – the highest in Lantek’s history.
The CEO of Lantek, Alberto López de Biñaspre, stated: “In such a dynamic global market, we have adapted to various economic conditions, thanks to the collaboration and dedication of our international team. Our steady growth is the result of a strong, client-focused service combined with an extensive portfolio of products and solutions. We are now realizing our commitment to innovation with the launch of version v44, ’Connected. Live. Smart,’ reflecting our goal to provide advanced, connected solutions that enhance our customers’ production efficiency.”
Lantek has demonstrated its adaptability by responding to a more challenging machine-tool market this year, one that is heavily focused on efficiency. Despite these challenges, the company has maintained stable revenue growth compared to the previous fiscal year.
The International Meeting 2024, the annual event that gathers professionals from around the world, is currently taking place at the Ondare building in Vitoria-Gasteiz. Here, the company is showcasing its latest product developments and setting strategic priorities for the coming year. Over 200 professionals, including representatives from its 21 offices, key distributors and partners, have come together to work on future objectives. During the two-day event, attendees are getting a firsthand look at Lantek’s technological advancements, particularly the new software version, which features improvements in automation, efficiency, system integration, and the use of artificial intelligence.
International Leadership
With over 400 employees globally, Lantek continues to solidify its international presence, establishing local services in key locations around the world. This approach allows the company to leverage significant business opportunities across various regions.
The financial results presented showcase double-digit growth in key markets such as Spain, the USA, China, and France, highlighting the potential of these regions. Lantek aims to further strengthen its leadership in 2025 by expanding into new markets.