The Franz Morat Group looks back on a successful year of business with new records set. The corporate group from Eisenbach experienced the highest annual sales in company history, more than 98 million euros, exceeding the previous year’s value by approx. 17 million euros. This is 18% higher than the planned value for 2021. This figure does not include the revenue from the E-Motive business – for the booming electromobility market, an equal joint venture Morat Swoboda Motion (MSM) was founded with automobile supplier Swoboda in 2018. Incoming orders illustrate the Franz Morat Group’s record year even more clearly. The previous year’s level was surpassed by 57% and is 33% above target.
For the coming year, the Franz Morat Group is planning on moderate growth and 106 million euros in sales, excluding the E-Motive business. Supply chains are disrupted, the cost of energy, raw materials and transportation is rising, and there is no end in sight to the pandemic—and these will remain significant issues in 2022, says Managing Director Gökhan Balkis. As series production is starting up for new products and projects in all business areas and target industries, the gear and drive engineering specialist nonetheless feels well equipped for the future. In 2022, multiple drive projects for rehabilitation equipment technology will go into production to reinforce the company’s leading position in this business area. In intralogistics, the product range for compact wheel hub drives will be expanded. In the area of plastic or metal gear components, numerous new orders were secured for the industrial and automotive sectors. Large-volume orders were acquired for MSM’s E-Motive business, who are already multiplying the current annual sales in the medium term. The Franz Morat Group will even be represented in space, as it will soon provide worm gear sets for communication satellites.
In addition, the company recently presented a new gear variant that was developed as a portfolio expansion for established worm gear sets. The gearing, called speeroX because of its spiral-shaped design, makes it possible to achieve a high gear ratio and power flow around the corner in just one stage. For its use, the company envisions special applications requiring a high degree of efficiency and high performance in a tight installation space – especially with just one direction of rotation.
In the company meeting, Balkis also introduced the new corporate strategy FMG drive 150. The goal for 2026 is 150 million euros in sales (excluding the E-Motive business ) – enough to keep them busy for the next five years, during which the Franz Morat Group hopes to continue to grow profitably and sustainably. In addition to expanding our innovative force, we are also focusing on the further technological development and expansion of the headquarters in Eisenbach and at the international production locations in Poland and Mexico. Increasing investment in the sustainability of production processes and products and an active contribution to environmental protection will also be part of the future. To this end, the Franz Morat Group is currently planning to erect a solar park in the immediate neighborhood of its headquarters.