Klopman, a European leader in the workwear industry, has closed the financial year 2016/2017 with a new record, after achieving a turnover that exceeds EUR 130 million, an increase of 8.3% on the previous year and a leap forward compared to the EUR 105 million achieved in 2012.

“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,” said 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 and all over the world.”

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

Fabric production

The company also reported that 40 million metres of fabric were produced last year, which represents 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 and Morocco. Italy is in fifth position, purchasing 2.5 million metres of fabric, 4% more than last year.

Protectivewear segment

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

These products have already created a turnover of nearly EUR 2 million, 8% of the entire Protectivewear production, demonstrating the potential of this segment, according to the manufacturer.

www.klopman.com