10
1 GKD: Set for success across the globe Focus on core application areas, close customer contact, and collaboration is bearing fruit 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. "Despite a challenging and volatile market environment, we are very satisfied with how the financial year has developed. All business areas filtration technology, process belts, architecture, and the mining industry have grown consistently." That's how GKD Director Dr. Stephan Kufferath summed up the company's development looking back over the year. His brother and fellow Director Ingo Kufferath adds: "The growth in revenue was driven by focusing on the core application areas we have defined and

Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

1

GKD: Set for success across the globe

Focus on core application areas, close customer contact,

and collaboration is bearing fruit

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.

"Despite a challenging and volatile market environment, we are very satisfied

with how the financial year has developed. All business areas – filtration

technology, process belts, architecture, and the mining industry – have

grown consistently." That's how GKD Director Dr. Stephan Kufferath

summed up the company's development looking back over the year. His

brother and fellow Director Ingo Kufferath adds: "The growth in revenue was

driven by focusing on the core application areas we have defined and

Page 2: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

2

consistently expanding our global multi-platform strategy." The technical

weavers specifically serve growth areas that respond to global needs such

as water, food, health, mobility, and protection of the environment and

resources. The range of branches in which GKD is active as a leading global

niche player is accordingly broad: the automobile, chemical, electronics,

timber, foodstuff, paper, pharmaceutical, and textile industries drew on the

company's woven high-tech solutions in the last financial year just as much

as mining, aerospace, medical and environmental technology, architecture,

and design. Based on the cross-sector problem-solving competence,

leadership in technology, and innovative power that have been built up over

decades, GKD develops and produces products that contribute to making the

world safer, cleaner, and healthier.

Leading technologies as drivers in all sectors

The strongest driver of growth in the field of filtration technology was the

worldwide automotive industry, for which GKD produces a wide range of

customized components for various units. There was also increased demand

for innovative filter media from the family-run business in municipal and

industrial water processing. Following intensive research activities in the

previous years, new products generated relevant revenue here for the first

time in 2017. From 2018 onward, GKD expects to see a significant revenue

contribution from this application area. In the process belt sector, the usage

areas of sewage sludge dewatering and nonwovens production delivered

strong revenue contributions. At the same time, this business area put a

production line for spiral belts into operation in this reporting year, which

generated revenue from day one. Just one year later, a fully automated

machine is already planned here to reinforce GKD's leadership role with this

new product line. "Through innovative material combinations and

constructions for the spiral belts we want to break into new business areas

Page 3: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

3

and markets in order to become the preferred technology partner in this area,

too," says Stephan Kufferath. The architecture sector upheld the same

aspiration in the 2017 financial year to impressive effect. It was the first, and

as yet only, provider on the market to receive general building approval (abZ)

for façades, suspended ceilings, and vertical fall guard protection made from

stainless steel mesh from the German Institute for Structural Engineering

(DIBt). For planners, installers, and builders this constitutes a significant

advantage in the approval process, as it renders time-consuming and costly

approval on a case-by-case basis (ZiE) redundant. The strongest revenue

generator in the architecture sector in the reporting year were the acoustic

ceiling systems which were developed in-house as a result of heavy

investments in the preceding years. The sector also roused worldwide media

interest with two major projects: in addition to the Kunsthalle Mannheim, the

new company headquarters of the Chinese Internet giant Tencent provided

impressive proof of innovative mesh designs. With the market launch of roll-

up doors and roll-up solar protection systems made from high-grade mesh

with proven technology from well-known system partners, GKD also laid the

foundation in 2017 for new growth in the field of architecture.

Global division of labor for tailored close customer contact

Across the Group, GKD achieved particularly strong revenue growth in Asia

and Australia. At GKD India, the fine mesh platform that had been heavily

expanded in 2016 and 2017 started to have an effect. It is used by the site

not only to serve the Indian market, but is also one of the supporting pillars of

the Group-wide global division of labor initiated in 2016. Thanks to this multi-

platform strategy, GKD possesses a highly complex value added chain. GKD

China developed very well at the new site in Qufu. Filtration applications in

the water and sewage segments are a promising area here for 2018, too.

The sales location GKD Australasia, which is still small, succeeded in

Page 4: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

4

significantly improving its revenue in the last business year. This result

comes primarily from products for architecture and mining. GKD Middle East

met the expectations set for the site for a positive turnaround. Striking proof

of this achievement takes the form of a transparent media façade in the

Ministry of Education in Kuwait. The second-largest revenue generator in the

GKD Group by far was GKD USA. This location recorded strong growth both

in architecture and in the industrial sector. Due to the rise in the oil price, oil

business also gained momentum there at the end of the reporting year. The

development of GKD LatAm was exceedingly positive. With two major

projects in the architecture sector in Panama and Columbia, this site in South

America is able to look back on very successful sales development in 2017.

However, development was not so successful at GKD South Africa. This was

attributable to mining strikes in the platinum industry and meant that an

upward trend wasn't recorded until the end of the year. Nevertheless, the

new polyurethane flooring product lines that GKD South Africa produces for

the local market developed well. In Europe GKD recorded good sales growth

in the architecture sector in particular. Alongside the head office in Germany,

it was France that made the biggest contribution to the positive result. As

Brexit is causing a considerable reduction in the market potential GKD is

able to realize in Great Britain, the company decided to close the production

site there in the last business year and to serve this market, like all others in

Europe with the exception of Germany, with a local sales unit as of 2018.

GKD Director Stephan Kufferath sees the situation in the USA as completely

different: "We are convinced that it is important for the GKD Group and the

applications served to continue to increase our presence in the USA and to

make strong investments there – regardless of the current political situation."

Page 5: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

5

Advantage increased through investment

With investments totaling 5.2 million euros in machines, plant, and

digitalization, GKD energetically drove the company's continued focus on the

future in the 2017 financial year. "We don't just want to keep pace with the

dramatic changes taking place in the world, we want to secure our

advantage and build on it," says Ingo Kufferath. That's why GKD is

consistently banking on modernizing, automating, and expanding the

capacity of production. Alongside another loom for hybrid weaves, last year

this included the expansion of automation, another cleanroom for the

production of exhaust gas recirculation filters (EGR) for the automotive

industry, new plants for manufacturing automotive products, and the setup of

a complete production line for spiral belt production. In addition, GKD has

been working intensely on the digital transformation of all business

processes for several years. "In view of the enormous increase in the

complexity of processes, structures, customer requirements, and quality

requirements, we need to have a firm handle on our production and value

added processes so that all information is available, evaluable, and in the

process at all times," states Ingo Kufferath. It's a view that his brother shares:

"There's no avoiding Big Data: more than any other factor, it is digitalization

that dictates the future viability of products, processes, and companies."

That's why GKD once more invested in expanding its software infrastructure

in the past year. Plus, the company headquarters in Düren became the

second location in the Group after GKD India to be certified in accordance

with ISO 9001:2015. Certification of the remaining Group locations will be

completed in the current financial year.

All indicators point to growth

For 2018 GKD expects continued significant and consistent growth in all

sectors in the most important of the defined target markets. Stephan

Page 6: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

6

Kufferath is particularly optimistic about the locations in the USA and India.

"We have achieved great progress in many projects and strategic initiatives

that will continue to bear fruit," he says of his optimism. GKD is responding to

the expected bettering of the second-highest revenue in the company's

history achieved last year with even greater investments: in addition to

further capacity expansions with machines and plant, there are also plans to

expand the head office in Düren in 2018. It meets the increased demands on

research and development as well as on IT to optimally focus all processes

in the interest of creating benefit for customers. In this way, the family

business is continuing with the strategy of sustainability in solutions,

customer relations, and processes that it has pursued for almost ten

decades. Because, as Ingo Kufferath adds: "On the basis of our cross-sector

and cross-border collaboration, we are continuously developing new ideas,

business areas, and markets. Our secret weapons for ever more flexible

solutions to new customer requirements are our close customer contact and

speed of response."

10.853 characters incl. spaces

GKD – WORLD WIDE WEAVE

As a privately owned technical weaver, GKD - Gebr. Kufferath AG is the

world market leader in metal, synthetic and spiral mesh solutions. Four

independent business divisions bundle their expertise under one roof:

Industrial Mesh (woven metal mesh and filter solutions), Process Belts (belts

made of mesh and spirals), Architectural meshes (façades, safety and

interior design made of metal fabrics) and Mediamesh® (Transparent media

façades). With its headquarter in Germany and five other facilities in the US,

South Africa, China, India and Chile – as well as its branches in France,

Page 7: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

7

Spain, Dubai and worldwide representatives, GKD is close to markets

anywhere in the world.

For more information: Please send a reprint to: GKD – GEBR. KUFFERATH AG impetus.PR Metallweberstraße 46 Ursula Herrling-Tusch D-52353 Düren Charlottenburger Allee 27-29 Tel.: +49 (0) 2421 / 803-0 D-52068 Aachen Fax: +49 (0) 2421 / 803-227 Tel.: +49 (0) 241 / 189 25-10 E-Mail: [email protected] Fax: +49 (0) 241 / 189 25-29 www.gkd.de E-Mail: [email protected]

Page 8: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

GKD – GEBR. KUFFERATH AG, Düren

GKD: Set for success across the globeFocus on core application areas, close customer contact, and collaboration is bearing fruit

impetus.PRAgentur für Corporate Communications GmbH

Ursula Herrling-TuschCharlottenburger Allee 27-29D-52068 AachenTel: +49 [0] 241 / 1 89 25-10Fax: +49 [0] 241 / 1 89 25-29E-Mail: [email protected]

We will be happy to send you the desired images in printable resolution by e-mail.

These images are meant exclusively for use in connection with this particular press release on the company GKD – GEBR. KUFFERATH AG. Any other use beyond this expressed purpose, especially use in connection with other companies, is strictly prohibited.

Picture 1: In the 2017 financial year, the GKD directors Ingo and Dr. Stephan Kufferath look back at their second-highest revenue in over 90 years since the company‘s foundation despite a challenging market environment (left to right).

Picture 2: Virtually all leading manufacturers are now using the EGR filters from GKD to protect their turbochargers from mechanical damage caused by particulate matter.

Picture 4: GKD equips their proven filter press belts type 1003 with a wear indicator as standard.

Picture 3: Within the project Optimized Materials and Procedures for Removing Microplastics from the Water Cycle (OEMP), GKD developed the optimized dutch weaves ODW6 and ODW8, which are unrivaled in their fineness.

Picture 1 © GKD/Emil Zander

Picture 2-4 © GKD

Picture 5 © GKD/Strahm Hi-Tex Systems AG

Picture 6-9 © GKD

Picture 10 © GKD/Constantin Meyer

Picture 11 © GKD

Picture 12 © GKD/Holtkötter

Picture 13 © Andrés Valbuena

Page 9: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

GKD: Set for success across the globeFocus on core application areas, close customer contact, and collaboration is bearing fruit

impetus.PRAgentur für Corporate Communications GmbH

Ursula Herrling-TuschCharlottenburger Allee 27-29D-52068 AachenTel: +49 [0] 241 / 1 89 25-10Fax: +49 [0] 241 / 1 89 25-29E-Mail: [email protected]

We will be happy to send you the desired images in printable resolution by e-mail.

These images are meant exclusively for use in connection with this particular press release on the company GKD – GEBR. KUFFERATH AG. Any other use beyond this expressed purpose, especially use in connection with other companies, is strictly prohibited.

Picture 7-9: The certified mesh façades made of the TIGRIS and OMEGA 1520 cable meshes as well as the ESCALE 7x1 spiral mesh made of stainless steel from GKD, including the matching end and intermediate fixings, are classified as regulated construction materials.

GKD – GEBR. KUFFERATH AG, Düren

Picture 1 © GKD/Emil Zander

Picture 2-4 © GKD

Picture 5 © GKD/Strahm Hi-Tex Systems AG

Picture 6-9 © GKD

Picture 10 © GKD/Constantin Meyer

Picture 11 © GKD

Picture 12 © GKD/Holtkötter

Picture 13 © Andrés ValbuenaPicture 5: Customised process belt solutions made by GKD offer a wealth of potential for optimisation in demanding production processes in the nonwoven manufacturing.

Picture 6: Wherever seamless belts are an indispensible component in dewatering, transport or drying processes, spiral fabric belts from GKD help to secure the required level of production efficiency.

Page 10: Focus on core application areas, close customer contact, and … · 2018-08-06 · 1 GKD: Set for success across the globe Focus on core application areas, close customer contact,

GKD: Set for success across the globeFocus on core application areas, close customer contact, and collaboration is bearing fruit

impetus.PRAgentur für Corporate Communications GmbH

Ursula Herrling-TuschCharlottenburger Allee 27-29D-52068 AachenTel: +49 [0] 241 / 1 89 25-10Fax: +49 [0] 241 / 1 89 25-29E-Mail: [email protected]

We will be happy to send you the desired images in printable resolution by e-mail.

These images are meant exclusively for use in connection with this particular press release on the company GKD – GEBR. KUFFERATH AG. Any other use beyond this expressed purpose, especially use in connection with other companies, is strictly prohibited.

Picture 10: A shell made of bronze-colored stainless steel fabric from GKD lends the Kunsthalle Mannheim a distinctive face.

Picture 11: A total of 1,850 square meters of metal fabric from GKD is used to create a golden net that encapsulates the three-floor atrium of the Headquarter of the Chinese internet giant Tencent.

GKD – GEBR. KUFFERATH AG, Düren

Picture 12: As a solution which is both functional and attractive, the roll-up systems from GKD were launched in 2017.

Picture 13: The facade of the Elemento Building, Bogota - witha total of 12,500 square meters, the biggest project of GKD LatAm so far.

Picture 1 © GKD/Emil Zander

Picture 2-4 © GKD

Picture 5 © GKD/Strahm Hi-Tex Systems AG

Picture 6-9 © GKD

Picture 10 © GKD/Constantin Meyer

Picture 11 © GKD

Picture 12 © GKD/Holtkötter

Picture 13 © Andrés Valbuena