The KAP group at a glance

Segment overview

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

The flexible films segment is a leading specialist in Europe in extrusion coatings, calendering and the conditioning of coated products. We develop, produce and sell flexible films and composite materials for various attractive niche markets and application areas. Our product portfolio includes a wide range of system solutions for energy-efficient construction, innovative semi-finished products for water management, environmentally friendly tarpaulin fabrics and composite materials for the construction of greenhouses, semi-finished products for medical applications, high-tech projection screens and high-quality, design-oriented membranes for swimming pool construction. In 2021, the segment´s share of revenue was 37.1%.

Selected key indicators on development in the flexible films segment

 

 

2019

2020

2021

Revenue

in € million

89.2

100.1

128.4

EBITDA

in € million

10.1

14.8

18.1
Normalised EBITDAin € million10.114.818.2

EBITDA margin

%

11.4

14.8

14.2

Investments

in € million

2.4

2.0

4.1

Employees

 

326

321

375


The engineered products segment develops, produces and sells technical textiles with a worldwide presence of eight sites and approximately 815 employees. The areas in which our yarns and fabrics are used include power transmission belts in the automotive and agricultural sector, air springs in the field of road and rail transport, and reinforcement for flexible feed pipes for the oil and gas industry. In addition, our technical textiles are used, for example, as reinforcing supports in rubber products such as conveyor belts and brake diaphragms, or as carrier materials for coated end products. Our solutions are a key element for the characteristic performance required in our customers' specific application areas.In 2021, the segment´s share of revenue was 34.1%.

Selected key indicators on development in the engineered products segment

 

 

2019

2020

2021

Revenue

in € million

150.7

127.0

118.0

EBITDA

in € million

1.5

2.7

15.0

Normalised EBITDA

in € million

2.4

4.8

7.6

Normalised EBITDA margin

%

1.6

3.8

6.4

Investments

in € million

2.9

1.8

5.4

Employees

 

948

870

815

 

The surface technologies segment carries out a wide range of surface processes for our customers. We focus on innovative technical and chemical processes for refining metallic materials – aluminium, magnesium, zinc die-casting or steel. We make a decisive contribution to the long-lasting protection of our customers' products from corrosion and wear. We address a wide range of end markets, including furniture, the food industry, mechanical engineering, the electrical industry and the automotive sector. In 2021, the segment´s share of revenue was 16.7%.

Selected key indicators on development in the surface technologies segment

 

 

2019

2020

2021

Revenue

in € million

64.1

53.5

57.6

EBITDA

in € million

21.6

18.5

11.0

Normalised EBITDA

in € million

13.7

10.2

10.4

Normalised EBITDA margin

%

21.4

19.1

18.0

Investments

in € million

7.3

14.9

15.4

Employees

 

761

769

750

 

The precision components segment develops, produces and sells highly complex plastic and plastic-metal compound parts. Our portfolio includes plastic gears, gears with plastic-coated metal shafts and related metal products that are used particularly in special electronic or electromechanical drives. Selected areas of application for our high-precision gears include e-bike applications, power steering components and parking brakes. In 2021, the segment´s share of revenue was 11.3 %.

Selected key indicators on development in the precision components segment

 

 

201920202021

Revenue

in € million

49.5

39.6

38.8

EBITDA

in € million

2.2

1.8

2.2

Normalised EBITDA

in € million

3.4

1.9

1.6

Normalised EBITDA margin

%

6.9

4.8

4.1

Investments

in € million

2.5

2.2

6.5

Employees

 

619

617

636