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Press

13. June 2019

GKD: The success story continues

Sales revenue increased by almost ten percent

The technical weavers for industry and architecture GKD – GEBR. KUFFERATH AG (GKD) continued their success story in the 2018 financial year: With sales revenue that rose to 95.3 million euros, the GKD Group exceeded the previous year’s figure by 9.6 percent. All business divisions and subsidiaries contributed to this positive result, allowing the third-generation owner-managed family company to further expand its position as global market leader in defined niche markets. The growth course was also evident in the 14 percent hike in employees: As at the balance sheet date of December 31, 2018, GKD employed 871 people throughout the Group, 457 (+3.2 percent) of them at the headquarters in Düren, Germany. In the reporting year, GKD invested a total of 4.8 million euros in the future. Alongside further modernization, automation, and capacity expansion of machines and plant, a major focus was the expansion of the Düren company headquarters with an extra 700 square meters of office space.

The full press release is available as PDF download:

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