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.

In the flexible films segment, we are the market leader for fabric-reinforced pool liners. 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 technical waterproofing, high-end projection screens, event flooring, outdoor laminates and high-quality, design-oriented membranes for pool construction. The segment made up 29.2% of total revenue in 2023.

Selected key indicators on development in the flexible films segment

 

 

2020

2021

20222023

Revenue

in € million

100.1

128.4

177.198.3
Normalised EBITDAin € million14.818.222.49.8

EBITDA margin

%

14.8

14.2

12.610.0

Investments

in € million

2.0

4.1

9.75.1

Employees

 

321

375

516361


In the engineered products segment, we develop, produce and sell technical textiles. Our yarns and fabrics are used in a variety of applications, including power transmission belts in the automotive and agricultural sectors, air suspension in road and rail transport and textiles for flat roof membranes in the construction sector. 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. The segment made up 34.6% of total revenue in 2023.

Selected key indicators on development in the engineered products segment

 

 

2020

2021

20222023

Revenue

in € million

127.0

118.0

145.7116.7

Normalised EBITDA

in € million

4.8

7.6

9.23.1

Normalised EBITDA margin

%

3.8

6.4

6.32.7

Investments

in € million

1.8

5.4

7.94.5

Employees

 

870

815

886782

The surface technologies segment offers a wide range of surface processes for metallic materials such as aluminium, magnesium, die-casting and steel. We use technical and chemical processes to help protect our customers’ products against corrosion and wear. Our services are used in a wide range of sectors, including furniture, food, mechanical engineering, electronics and automotive. We are proud of our ability to offer our customers premium surface finishing solutions that make their products more durable. The segment made up 20.4% of total revenue in 2023.

Selected key indicators on development in the surface technologies segment

 

 

2020

2021

20222023

Revenue

in € million

53.5

57.6

65.368.6

Normalised EBITDA

in € million

10.2

10.4

6.86.1

Normalised EBITDA margin

%

19.1

18.0

10.48.9

Investments

in € million

14.9

15.4

7.930.5

Employees

 

769

750

833716

 

The precision components segment develops, produces and sells highly complex plastic and plastic-metal compound parts. Our portfolio includes plastic gears, gears with plastic extrusion-coated metal shafts as well as related metal products that are used mainly in special electronic or electromechanical drives. Selected areas of application for our high-precision gears include e-bike applications and automotive components for comfort and assistance systems, such as electric parking brakes, electric steering column adjustment, electric seat adjustment and covers for radar sensors.  The segment made up 15.8% of total revenue in 2023. 

Selected key indicators on development in the precision components segment

 

 

2020202120222023

Revenue

in € million

39.6

38.8

45.653.4

Normalised EBITDA

in € million

1.9

1.6

-0.12.1

Normalised EBITDA margin

%

4.8

4.1

-0.23.9

Investments

in € million

2.2

6.5

3.93.0

Employees

 

617

636

638569