KRAMP GROUP PROUD OF RESULTS
2015 turnover up by almost 5% to €699m
Kramp Groep say they can look back on 2015 with satisfaction. Despite a challenging market, the company saw turnover increase by almost 5% to €699 million. The operating profit (EBITDA) increased by almost 20% to nearly €81 million. Kramp Groep say they are aiming for a turnover of €1 billion by 2020. In recent years, Kramp Groep has made major investments in offices and warehouses, like in the Polish city of Konin“I am not only satisfied with the positive figures that we are announcing, but also because of the commitment shown by our employees. During the past year, we carried out a satisfaction survey among our employees and we scored 7.8 as an employer. This puts us at a top list of companies in Europe and I am very proud of this achievement", says Eddie Perdok, CEO of Kramp Groep. The title of the annual report is 'Investing in the future'. “Kramp Groep wants to continue to grow as a company and reach a turnover of €1 billion. If we want to achieve this goal, we have to remain committed to investment and we have to make sure that our IT systems, for example, are ready for this. We are also investing in our warehouses so that we can quickly and reliably deliver everything that our customers need and in e-commerce to ensure that our customers can find products even more quickly and easily. In addition, we are investing in partnerships; in building, maintaining and expanding relationships with our customers and suppliers. Of course, we are also investing in our people. We encourage them to develop themselves and support them throughout this process. This helps us to move forward as an organisation", adds Perdok. Just like last year, the company say they are proud to have posted impressive figures in their developing markets. Kramp Groep grew in France and Russia by almost 20%. Southern Europe also performed well, with significant growth in Spain, Portugal and Italy, as did Eastern European countries including the Czech Republic, Hungary and Slovakia. Growth in already established countries was slightly less. Countries such as Poland, Germany and Denmark have clearly had a more challenging year, which can be attributed to the local market situation. However, the market share in these countries still increased. Even though prospects for the market are not particularly positive, the expectation is for Kramp Groep to continue its upward trend, with a predicted growth of nearly 5% for 2016. Further growth is expected, mainly in Southern and Eastern Europe. In addition, the expectation is for further benefits to be gained from the merger process between Kramp and Grene.
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