Business

Klopman Turnover At 130 Million Euros In 2016; Production Increases 4.5 Per Cent

Klopman International s.r.l., the European leader in the workwear industry has closed financial year 2016-2017 with a €130 million turnover, which is an increase of 8.3%, even as production has increased by 4.5%. This is an increase of 8.3% on the previous year and a great leap forward compared to the €105 million achieved in 2012.

The Italian company headquartered in Frosinone, has realised 95% of its turnover abroad and is successfully exploring emerging markets for which it has put in place an investment plan of €15 million euros for the next five years.

The company produced 40 million metres of fabric last year, which is a 4.5% growth in comparison with 2015. The significant growth of KAI, the Indonesian joint venture intended to supply the Asian market, represents an important step forward -- from 1.5 million metres in 2014 to 6 million in 2016.

Germany is Klopman’s largest market, purchasing more than 10 million metres of fabric (7.8% more than last year), followed by France (over 6 million, + 0.5%) and Morocco (nearly 3 million, + 5.7%). Italy is in fifth position, purchasing 2.5 million metres of fabric, which is more than 4% last year.

The protective wear segment delivered remarkable sales growth of 11%, reaching 4 million metres of fabric and 23 million euros in turnover. The newest products launched on the market, including the K-Flame range, have outstanding performances: these flame-retardant fabrics provide protection, comfort and durability and have been developed with a windproof, rainproof and breathable membrane.

These innovative products have already created a turnover of nearly €2 million, 8% of the entire protective wear production, which is proof of the potential of this segment.

An investment plan of 15 million euros over the next five years has already been approved, with the aim of improving on the remarkable results achieved this year and further enhancing the competitiveness of the company.

“The outstanding results achieved by Klopman in the last financial year demonstrate that, even against the backdrop of the global financial crisis, growth can happen when you bring together several key elements -- constant innovation in terms of processes and products, paying particular attention to one’s own people and to customers, and exploring emerging markets while continuing to nurture relationships with existing, closer markets,” stated Klopman’s CEO Alfonso Marra.

“We are proud to sell our fabrics to many prestigious industries spread all over the world, and with our development plan we aim to for continuing improvement and growth - to best represent ‘Made in Italy’, in Europe as well as all over the world,” he said.