We can look back on an exceptionally successful fiscal year. In 2021, we increased our turnover by 11 percent to 158 million euros (previous year: 142 million euros) - and thus achieved the best result since the company was founded in 1920.
"I am proud of what we have achieved in a fiscal year that was largely under Corona conditions. The fact that we were able to achieve such an impressive result despite these and other challenges, such as supply chain bottlenecks and rising energy prices, is primarily thanks to our 476 creative and dedicated employees," says a delighted Lutz Busch, our CEO.
We, the traditional hidden champion from the Oberberg region, were able to further expand our market position as a global technology and world market leader in the second pandemic year. He added that the positive business development also showed that the strategic decisions made in recent years had put Kampf on the right track. "The task now is to carry the momentum. In our industry, innovation cycles are becoming shorter and shorter. In this context, standing still is tantamount to taking a step backwards," adds COO Markus Vollmer.
Even though Kampf's order books are full to the brim up to and including 2024, the current tense and unpredictable global situation calls for caution. At present, it is impossible to reliably forecast the economic impact of the war in Ukraine, possible Corona-related downtime, particularly in China, or supply chain bottlenecks on the industry's business activities.
In order to emerge stronger from the current crises, we are positioning ourselves in the best possible way for a successful future through investments, acquisitions and a strategic focus on digitization.
The most important milestones of 2021
New construction and modernization at the headquarters in Wiehl. By implementing a modern site concept, the assembly area at the Wiehl site has been significantly increased, the headquarters has been given a more contemporary design, and the use of energy at the Mühlen site has been optimized. In addition to the modernization and renovation of the existing buildings, a new assembly hall is being built at a cost of almost 8 million euros and is scheduled for completion in May 2022. In addition, newly constructed, prestigious office buildings will provide space for just under 60 employees.
The realignment of our parent company, the Jagenberg Group, is also an important step for the future of Kampf. Jagenberg is focusing more strongly than before on expanding the "Industrial Solutions" business area. The core business areas relate to machinery and equipment, automation and control technology, and digital solutions for processing web-shaped materials such as films and paper.