16. July 2018
In the 2017 financial year, the technical weavers for industry and architecture GKD – GEBR. KUFFERATH AG (GKD) achieved their second-highest revenue in over 90 years since the company’s foundation, with Group revenue of 87.0 million euros (previous year: 83.0). All sectors and regions successfully contributed to this strong performance. This enabled the company, now in its third generation of private ownership, to further expand its position as global market leader in defined niche markets in all business areas. For the fifth time in succession, GKD also increased investments in further growth in the reporting year: 5.25 million euros (previous year: 5.1). In addition, the equity ratio of 56.5 percent (previous year: 54.9), which increased once more, reinforces the need to invest in future markets and technologies in order to shape rapid growth. As at December 31, 2017 GKD employed 764 people across the Group (previous year: 699), 443 of them (previous year: 423) in the company headquarters in Düren. The stable number of 22 interns highlights the sustainability of the Group’s HR policy.
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