The Linz-based KEBA Group saw revenue grow from €304 million to €373.5 million in the last fiscal year (April 2019 – March 2020).
With a €70 million jump in sales and 23% growth in revenue, the KEBA Group has once again achieved the highest revenues in its history.
For a technology company like KEBA, research and development is critically important and serves as the basis for the future success of KEBA and its technological position on the market. Accordingly, the KEBA Group dedicates a significant portion of its revenues to research and development (R&D) every year.
Over the last year, R&D investment rose from almost €50 million to €62 million.
The size of the KEBA Group workforce remained unchanged at 1,730 employees
As a direct response to the escalating situation in China, KEBA formed a corona task force in January with the aim of protecting employees and maintaining production levels and customer support as much as possible.
Thanks to early and extensive measures and the amazing dedication of employees, the company has been able to continuously produce and deliver at all production sites during the lockdown. Only in China were operations suspended for three weeks due to local government orders.
In the current situation where international travel is limited, KEBA benefits from its worldwide branches.
In the past 10 years KEBA has quadrupled its revenue from €92 million to €373.5 million. Average annual growth over the last 10 years has been about 15% (CAGR). The number of employees has increased by almost exactly 1,000.
This growth was made possible through consistent investments in research and development and the products and solutions that have resulted from such investments.
In 2018 KEBA has completed the largest acquisition in KEBA’s history: the LTI Motion Group with headquarters and 3 branches in Germany as well as branches in Switzerland, Italy and China.
By focusing on areas such Industry 4.0, artificial intelligence, innovative handover solutions and e-mobility, KEBA is planning for the world of tomorrow. Another important factor is the internationalization of KEBA. Over the years the company has expanded his market presence with new branches in Italy, the Netherlands, Japan, South Korea and India and integrated them into the existing network of branches in Germany, the Czech Republic, Romania, Turkey, China and the USA.
Photo: Gerhard Luftensteiner, CEO KEBA