05. July 2016
Owner–managed technical mesh weavers GKD – GEBR. KUFFERATH AG, headquartered in Düren, Germany, pushed ahead successfully in the financial year under review. In a challenging environment, this global technological leader for mesh-based media and system solutions succeeded in increasing its turnover by 6.4 percent to 84.2 million euros. All three business units – SOLID WEAVE (industrial mesh), WEAVE IN MOTION (process belt mesh) and CREATIVE WEAVE (architectural mesh) – recorded growth in sales in the fiscal year 2015. Once again, the greatest increase in sales was achieved in the USA and in Asia. Thanks to this positive profit position, the equity ratio rose to 51.9 percent. With investments to the sum of 4.4 million euros in 2015, the non-listed joint stock corporation commenced the digital transformation toward an enterprise-wide introduction of a smart production environment. On the balance sheet date, GKD’s worldwide staff numbered 693 employees (2014: 665), 410 of them in Düren including 21 trainees (2014: 20).
The full press release is available as PDF download: