The Basque multinational’s turnover has exceeded 35.3 million euros, reaching 32,000 customers worldwide. | Lantek’s expansion plan includes a strategic commitment to R&D that continues to drive the launch of groundbreaking products. International growth defines the position of the group which has nearly 400 employees worldwide and a 58% increase in the recruitment of STEAM profile women.
Lantek, a leading multinational driving the digital transformation of the sheet metal and metalworking sector, announces its global results for the 2022/23 financial year, concluding on June 30, 2023. The company has successfully consolidated its position as a world leader, witnessing a remarkable 24.9% surge in sales, resulting in a turnover exceeding 35.3 million euros.
Alberto López de Biñaspre, CEO of Lantek, expresses his satisfaction, "This financial year has been a pivotal period for Lantek, as we continue to strengthen our position as a leading company in our sector. 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."
These results confirm Lantek’s strategy of offering the most innovative solutions and the best local service on the market to its more than 32,000 registered customers, supported through its 21 offices in 15 countries around the world.
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.
Recruiting STEAM talent
As part of Lantek’s strategic commitment to digitalizing the industrial metals sector, the company is making significant progress in its growth plan and is now on the verge of employing 400 professionals globally. The company is successfully rising to the challenge of nurturing STEAM talent with a global perspective and international reach.
Moreover, as a crucial component of its transformation plan, Lantek continues to prioritize the bolstering of female talent within its workforce. A notable achievement in this regard is the impressive 58% representation of women in STEAM recruitment during the past financial year.
Gemma Nogales, Chief of Human Resources at Lantek, remarks, "We embarked on a cultural transformation project, placing our people at the core of the organization, serving as the fundamental pillar of our company. Aligned with our strategy, we continue to promote inclusivity of talent in our organisation. In particular, increasing the number of women who see their career in STEAM professions, developing a culture that allows Lantek to position itself as a company that promotes pioneering opportunities in the most advanced technological challenges".
A commitment to innovation
With a steadfast commitment to innovation spanning over 35 years, R&D has been an enduring component of Lantek’s success. Supported by a vision of global technological leadership in the sector, the company’s close collaboration with over 140 leading machine tool manufacturers worldwide exemplifies its dedication to driving transformative advancements through cutting-edge software solutions.
A testament to this commitment is the doubling of Lantek’s R&D team within the last two years. The team has a clear aim to expedite the launch of groundbreaking products for the sheet metal, tube, and metal finishing markets. Notable among its innovations are the cloud-based budgeting platform, Lantek iQuoting, and the revolutionary software for bending machines, Lantek Bend.
As part of Lantek’s strategy for technological leadership, the company holds prominent positions at both the national and European level in the field of Artificial Intelligence (AI). To support its drive for the adoption of AI in industry, 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 organization 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.