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Record balance sheet result for Knapp

Knapp AG can once again look back on a record year. The Austrian intralogistics company based in Hart bei Graz increased its net turnover by 25 percent to 581.97 million euros in the 2015/16 financial year and generated a profit of 30.52 million euros. The extremely positive result is an all-time high in the company's history and part of its long-term growth strategy. The Knapp Group continues its successful course and records the highest result in the company's history. Compared to the previous year, the company was not only able to increase its sales revenue by 25%, but also its relative EBIT margin to over 5%. The export ratio remains high at 97%. Europe is the strongest sales region, accounting for 75% of turnover. North America is a continuously growing market with 20% of sales. The Management Board team Gerald Hofer, Franz Mathi and Christian Grabner are delighted with the success of the last financial year. For 2016, KNAPP plans to strengthen and expand the global branch network with moderate growth and consolidation at a record level.
3,000 employees worldwide
"We have succeeded in achieving 650 million euros in orders across all branches and companies of the Knapp Group. This is a new record in our company history and underlines our market position as a partner to industry," says CEO Gerald Hofer. The Knapp Group employs more than 3,000 people from numerous nations. Around 300 jobs were created in total last year, 200 of them in Styria - at the headquarters in Hart bei Graz and at the three other sites in Dobl, Grambach and Leoben.

Solutions for production logistics
In addition to the core sectors of healthcare, fashion, retail, food and food retail, Knapp has expanded its sector focus to include the industry sector and bundled its expertise in Knapp Industry Solutions, based in Dobl near Graz. "With our process and system expertise, we are in an excellent position to map the advancing automation in connection with production, assembly and distribution in line with Industry 4.0 strategies and requirements. It is important to us to take the zero defect concept into account. With our innovative vision technology, we offer attractive solutions not only for the quality and service sector, which have been extremely well received by the market," explains COO Franz Mathi. An Industry 4.0 lighthouse project is currently being implemented at Pankl Racing Systems in Styria for the areas of logistics and quality assurance.
Product innovations and solutions
30 million euros, around six percent of turnover, were invested in research and development last year. "Knapp is characterized by its innovative strength and was once again able to bring new products and solutions to market maturity. This also includes the continuous further development of our process software, shuttle systems and the ergonomic Pick-it-Easy workstation series, fast sorters and the latest robot technology," emphasizes CFO Christian Grabner. Of interest to industrial subcontractors worldwide are the image recognition and image processing technologies as well as SmartWorker solutions, which are now bundled in the wholly-owned subsidiary ivii and enable reliable quality controls at every step of the process.

In addition to investments in R&D, the company is also constantly working on site expansion. In addition to the expansion of the sites in Leoben and Dobl, childcare facilities and the company restaurant at the Knapp headquarters in Hart bei Graz have been extended. The global branch and production network is also being continuously strengthened by expanding the sites. Further investments are being made in modern IT and tools in order to be able to meet customer needs even more efficiently and quickly.
Growth in the core sectors
Business models in all sectors are becoming increasingly difficult to plan and require flexible system solutions that develop in line with market requirements and therefore provide customers with optimum support in every phase. Knapp has already recognized this challenge in recent years and turned it into a major strength. "We can offer our customers series-ready, highly flexible, efficient and investment-proof solutions to their current challenges," explains Hofer.
Starting from a very high level, the Healthcare segment was able to grow once again. Thanks to its stake in the KHT Apostore Group, Knapp is able to serve the entire pharmaceutical supply chain - from producers to wholesalers and pharmacies. In addition to the European core markets, Knapp recorded strong growth in the traditional healthcare segment in North America.
The fashion and lifestyle sectors are also booming. "With Louis Vuitton, Dior, vente-privee and the Inditex Group, we were able to convince major global market players of our system expertise," reports Franz Mathi. With innovative solutions and technologies, Knapp is once again scoring highly in the food retail and online grocery sectors. This is demonstrated by orders from the Rewe Group and the French online retailer Auchan. The Spar distribution center in Ebergassing has recently gone into operation. In recent years, Knapp has developed innovative systems such as pallet open shuttles, which will completely replace conventional pallet conveyor technology, and the ergonomic Pick-it-Easy Move picking system for the food retail sector. Solutions that are absolutely trend-setting and in high demand internationally. Christian Grabner: "We are on an excellent path with these new system approaches and expect to see large growth rates in this segment over the next few years."
Globalization continues

Knapp AG is excellently positioned on the global market in its core sectors and has started the new financial year with a good order situation. "The focus for the coming period will be on expanding our global network," says Christian Grabner. Commenting on the expected far-reaching consequences of Brexit, Gerald Hofer says: "We are in a solid and technologically excellent position. With our innovative systems and technologies, we are trying to compensate for the considerable impact of Brexit as far as possible."









