Frosinone, Italy – Klopman, European leader in the workwear industry, closes the financial year 2016/2017 with a new record: a turnover that exceeds €130 million, 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 (whose headquarters are in Frosinone) realises 95% of its turnover abroad and is successfully exploring emerging markets.
- Klopman has put in place an investment plan of 15 million euros for the next five years.
40 million metres of fabric were produced last year: 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, + 4% on last year.
The Protectivewear 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 euros, 8% of the entire Protectivewear production: this is the proof of the potential of this segment.
An investment plan of 15 million euros over the next 5 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 and all over the world.”
Source: Klopman International