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.
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