“We made the most of the positive industrial climate and increased group revenue by 12 percent to 76 million euros (2010: 67.8 million euros).” Dr. Stephan Kufferath, director at GKD – Gebr. Kufferath AG, reflects on the company’s business development in 2011 with a sense of optimism and satisfaction. The medium-sized, non-listed corporation manufactures fabric-based media and system solutions for a diverse spectrum of applications. With investments of €10.5 million, GKD has now laid the foundations for further growth. In the company’s two divisions – WORLD WIDE WEAVE (technical meshes) and CAPITAL EQUIPMENT (filter and systems manufacturing) – three of the four independently managed business units were able to record increased revenue. With 8% EBIT and 13% EBITDA, the mildly improved profit situation was satisfactory. On the reporting date, GKD employed 591 staff members worldwide, including 24 trainees. The HQ in Düren continues to employ 388 staff members.
The full press release is available as PDF download.
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