– Maintaining strong growth momentum: Revenue of 1.37 billion euros in 2017, an increase of 8% year-on-year
– China as an engine of growth: The steady development of China National Chemicals Group has enabled KraussMaffei Group to further expand its market in China.
– Long-term focus on digital, automation and regional markets
The KraussMaffei Group continues to advance towards success and development. In 2017, the company re-created excellent results and laid the foundation for future global development. The demand for new technologies and services in China and its strong driving force create conditions for KraussMaffei Group to continue its strong performance.
KraussMaffei Group's revenue reaches a record high in 2017
In 2017, KraussMaffei Group's revenue reached 1.37 billion euros, an increase of 8%. New orders kept growing, up 6% year-on-year. 'We are very satisfied with the company's performance in 2017', said Dr. Frank Stieler, CEO of KraussMaffei Group. ' We successfully broke the record of revenue and new orders created in 2016. In particular, our shareholder China National Chemicals Corporation has played an important role in expanding the Chinese market. The growing demand for advanced technology in the Chinese market has led to the injection molding of the company. Products in the reaction foam molding technology have benefited greatly. We will adjust the product line according to the market demand in different regions. '
Estimated investment growth in 2018
The KraussMaffei Group ushered in its 180th anniversary this year. It is expected that the company will further develop in the next few years. The main driving force is the global trend of digitalization and automation. In 2017, a series of high-quality equipment due to its flexibility, the network The Group is well-received and the Group is well-received. In order to further meet the increasing demand for technological innovation and services in the future, the KraussMaffei Group plans to invest heavily in equipment clusters, IT infrastructure and software in the current fiscal year. Expand the scale of production in China.
Adjusting strategies to promote the development of new digital related businesses
On the 180th anniversary of its founding, the KraussMaffei Group will define a new strategic focus through the 'Compass' project. 'The foundation is to continue to maintain our position as a technology leader,' said Dr. Stieler. 'This allows the group to be global The era of rapid technological change develops new products and services for digital solutions and new business models. '