Further Growth In 2015: KHS Increases Turnover Compared To Previous Year
The KHS Group continues to grow: in 2015 the systems supplier increased its turnover by…
The KHS Group continues to grow: in 2015 the systems supplier increased its turnover by 8.9 % compared to 2014. In total the company achieved an overall turnover of EUR 1.17 billion, with the main drivers of growth being not only the European market but also those in Asia and the Americas, plus the further expansion of its service business. In 2016 KHS aims to further its market position in international business by readying its disruptive innovations for market.
"This positive development encourages us to continue to consistently pursue the course for innovation we have embarked on," emphasizes Prof Dr-Ing Matthias Niemeyer, chairman of the KHS GmbH Executive Management Board. "It also corroborates the growing market demand for innovative and sustainable filling and packaging technology." After the revenues for 2014 had grown by a further 5.8 %, in 2015 KHS increased its turnover by a total of 8.9 %.
Asia and America with bigger sales share
To date Europe has been one of the main reliable markets in the company's development, with KHS generating about a third of its total turnover, namely 32 %, on its home continent (2014: 35 %). Other markets are also gaining in significance, however. In 2015 the share of sales at KHS grew in both Asia-Pacific and in the Americas. While Asia-Pacific now accounts for 28 % of total sales (2014: 24 %), the share on the American continent in 2015 was 26 % (2014: 25 %). Last year's sales in the Middle East and Africa also remained stable at 14 % (2014: 16 %).
KHS aims to grow with the market in 2016. "The year has got off to a promising start", states Niemeyer. With the successful implementation of Direct Print Powered by KHSTM the company from Dortmund has pushed the marketing of digital container dressing. The systems provider will continue to push the market entry of pioneering innovations, such as Nature MultiPackTM, a form of beverage packaging which requires no film whatsoever which KHS successfully launched to market together with Evian in France in March of this year.
Cooperation and expansion of the service business
As presented at the last BrauBeviale trade show KHS' cooperation with Gerhard Schubert GmbH, the packaging systems manufacturer with the world's greatest experience in top loading, helps to expand the company's packaging portfolio. KHS is also boosting its capacities in its service business. As in the last three years the group has managed to further extend its network of service engineers.
"The aim of all of our endeavors is to save resources with sustainable innovations throughout the entire value chain of our customers. Through this concept we're convincing the market of our expertise in packaging. We will continue to adopt this strategy," explains Niemeyer.