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29. June 2017

Strategy taking effect

GKD is ready for the global division of labour

Despite numerous challenges and uncertainties in the international environment, the privately owned technical weavers for industry and architecture, GKD – GEBR. KUFFERATH AG can reflect on encouraging business performance in 2016. With an improved overall situation, sales revenues remained at virtually the same level at €83 million (previous year: 84.2). At the same time, gross profit rose significantly due to a markedly lower material usage. GKD is therefore once again in a better position at the end of the financial year than at the start. This is also reflected in the extremely high equity ratio, which was increased by a further 3% to 54.9%. With capital expenditure of €5.1 million (previous year: 4.4), the company has secured its role as a worldwide technology and market leader. At the end of 2016, the GKD Group had a total of 699 employees (previous year: 693), some 423 of whom work at the main facility in Düren (previous year: 410). GKD trained a total of 22 young people in the financial year 2016 (previous year: 21) and thereby once again underlined the sustainability of its personnel policy.

The full press release is available as PDF download:

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