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Turnover up by 20%
22 June 2015
Tunover at Knapp Grpup increased by 20% to more than €466 million last year, with EBIT of €21 million.

The results for KNAPP AG for the business year 2014-15 showed that Europe remained the strongest sales region, with a turnover share of almost 75%. The UK market also performed well. Craig Rollason, MD of Knapp UK, commented: "These extremely positive results reflect both the long-term growth strategy of the group and the highly successful partnerships developed with key clients over the last decade.”
The company says the group’s continued investment in R&D had resulted in innovative system solutions for the core business areas of pharma, fashion, food and retail. "Research and development are key parts of our corporate culture,” said Christian Grabner, KNAPP CFO. "This year we have again invested about €30 million in this area, amounting to 7% of turnover. We need fast thinkers and bright minds to boost research and development further, so increasing our workforce by 300 individuals is excellent news.” The group now has its highest ever number of employees – 2700 worldwide, of which some 2000 are located in the Austrian region of Styria.
The group has an optimistic outlook and has further investment planned for its headquarters – including expansion of the cafeteria and kindergarten – its international subsidiaries and its production network. KNAPP has a reputation for providing attractive and family-friendly working environments and recently won an award for its active Corporate Social Responsibility programme. Its activities include an integration project with Alpha Nova – an organisation that provides disabled people with long-term assignments within companies – an employeehealth and vitality programme and its own training academy.