Kramp Groep, proud of the achieved result

Kramp Groep can remember the year 2015 with satisfaction. Despite market difficulties, the company experienced an increase in turnover of almost 5%, reaching 699 million euros. Operating profit (EBITDA) increased by almost 20%, approaching 81 million euros. Kramp Groep aims to achieve a turnover of 1000 million euros for 2020.

“I am not only very satisfied with the positive figures we announced, but also by the commitment shown by our employees. Over the past year, we conducted a study of satisfaction among our employees and achieved a score of 7.8 as a company. This us placed on the list of top European companies, and I am very proud of this achievement, “says Eddie Perdok CEO Kramp Groep.

The title of the annual report is “Investing in the future”. “Kramp Groep we want to continue growing as a company and reach a turnover of 1000 million euros. If we achieve this goal, we must continue to invest and ensure our IT systems, for example, are prepared for it. We also invest . in our warehouses to deliver reliably and quickly everything our customers need, and e-commerce to ensure that customers find the products increasing speed and ease with also invest in companies, in the creation, maintenance and expansion of the relationship with our customers and suppliers. of course we also invest in our employees. we encourage you to promote and support them throughout this process. this helps us move forward as an organization, ” adds Perdok.

Developments in the market

Like last year, the company has posted impressive numbers in its developing markets. Kramp Groep has grown almost 20% in France and Russia. In southern Europe it has also had a good performance, with significant growth in Spain, Portugal and Italy, as in Eastern European countries such as the Czech Republic, Hungary and Slovakia. Growth in the countries where it is already established has been a little lower. Countries such as Poland, Germany and Denmark have had a clearly more difficult exercise, a fact that can be attributed to the local market situation. However, the market share in these countries continues to rise.

Forecasts

Although market prospects are not particularly positive, the forecast is that Kramp Groep continue its upward trend with a growth forecast for 2016 by almost 5%. further growth in Southern Europe and Eastern Europe is expected. In addition, more benefits thanks to the merger between Kramp and Grene is expected.

Investments in 2016 amounted to 30 million euros. several extensions, such as a warehouse in Varsseveld be built. a total of 9 million euros will be invested in IT and e-commerce.

Source: Kramp Groep