The KAP group at a glance

Segment overview

Our segment strategy is based on holding excellent market positions in attractive niches in currently five appealing sectors.

In the engineered products segment, we develop, produce and sell technical textiles and threads around the world with chemical and physical conditioning that offer characteristic performance for our customers’ products. Our products are used in a wide range of industries. Thanks to their light weight and innovative production processes, the list of applications is constantly growing as an increasing number of traditional materials are replaced. This makes technical textiles a material of the future. They have applications in mobility, energy, construction and medicine, for example. In 2018, the segment´s share of revenue was 43.4 based on continuing operations.


Selected key indicators on development in the engineered products segment

 

 

2018

20171

Change

Revenue

in € million

169.1

164.9

2.5 %

EBITDA

in € million

13.1

12.4

5.6 %

Normalized EBITDA2

in € million

14.2

11.8

20.3 %

EBITDA margin3

%

8.4

7.2

16.7 %

Investments

in € million

4.2

8.5

-50.6 %

Employees

 

1,046

1,059

-1.2 %

1 Segment figures according to the segment classification which was new in 2018; deviations from the segment figures in Annual Report 2017 are possible.
2 EBITDA before severance payments (previous year: normalized for income from the reversal of provisions and gains from the disposal of assets).
3 Normalized EBITDA/revenue.

 

In the flexible films segment, we develop, produce and sell flexible films for our customers for a wide range of applications. Our product portfolio ranges from flexible packaging materials for the consumer goods industry and products for medical technology and the entertainment sector, to the construction industry and digital imaging. In 2018, the segment´s share of revenue was 22.7 based on continuing operations.

 

Selected key indicators on development in the flexible films segment

 

 

2018

20171

Change

Revenue

in € million

88.4

107.8

-18.0 %

EBITDA

in € million

9.1

11.3

-19.5 %

Normalized EBITDA2

in € million

9.1

12.7

-28.3 %

EBITDA margin3

%

10.3

11.8

-12.7 %

Investments

in € million

2.1

3.2

-34.3 %

Employees

 

326

318

2.5 %

1 Segment figures according to the segment classification which was new in 2018; deviations from the segment figures in Annual Report 2017 are possible.
2 EBITDA before severance payments (previous year: normalized for income from the reversal of provisions and gains from the disposal of assets).
3 Normalized EBITDA/revenue.

In our newest segment surface technologies, we develop highly specialized surface solutions for metallic materials for our customers and implement these in highly efficient processes. We serve a wide range of end markets such as the food industry, furniture, machine engineering, electronics and mobility. In 2018, the segment´s share of revenue was 11.1 based on continuing operations.

 

Selected key indicators on development in the surface technologies segment

 

 

2018

20171

Change

Revenue

in € million

43.2

1.1

Not measurable

EBITDA

in € million

7.5

-0.4

>100 %

Normalized EBITDA

in € million

7.5

-0.4

>100 %

EBITDA margin2

%

17.4

Not measurable

>100 %

Investments

in € million

2.7

0.2

Not measurable

Employees

 

810

302

Not measurable

1 Segment figures according to the segment classification which was new in 2018; deviations from the segment figures in Annual Report 2017 are possible.
2 Normalized EBITDA/revenue.


In the it/services segment, we combined our software development and machine engineering knowledge into one to create a unique source of expertise for digitization and Industry 4.0 solutions. In our estimation, no other SME unites these skills under one roof. In addition to traditional open-source software solutions and services for anything involving the use of machines, we want to make our own production facilities fit for the age of digitization by developing new business models for both ourselves and for SME customers and creating value-adding solutions. In 2018, the segment´s share of revenue was 5.8 based on continuing operations.


Selected key indicators on development in the it/services segment

 

 

2018

20171

Change

Revenue

in € million

22.6

18.5

22.2 %

EBITDA

in € million

2.3

2.0

15.0 %

Normalized EBITDA2

in € million

2.6

1.9

36.8 %

EBITDA margin3

%

11.5

10.3

11.7 %

Investments

in € million

0.8

3.9

-79.5 %

Employees

 

124

126

-1.6 %

1 Segment figures according to the segment classification which was new in 2018; deviations from the segment figures in Annual Report 2017 are possible.
2 EBITDA before severance payments (previous year: additionally normalized by income from the reversal of provisions and gains from the sale of assets).
3 Normalized EBITDA/revenue.

 

With our precision components segment, we offer highly precise products for use in special electric or electromechanical drives, which are made of plastic or plastic/metal compounds. The portfolio includes highly precise gearwheels and adjoining metal products, which are used in e-bikes, among other things. In 2018, the segment´s share of revenue was 17.4 based on continuing operations.
 


Selected key indicators on development in the precision components segment

 

 

201820171

Change

Revenue

in € million

67,6

71,7

-5,7 %

EBITDA

in € million

10,8

3,7

>100 %

Normalized EBITDA

in € million

10,8

3,7

>100 %

EBITDA margin2

%

16,0

5,2

>100 %

Investments

in € million

4,7

5,2

-9,6 %

Employees

 

630

672

-6,3 %

 1 Segment figures according to the segment classification which was new in 2018; deviations from the segment figures in Annual Report 2017 are possible.
2 Normalized EBITDA/revenue.