Financial information
The schedule below shows consolidated core figures of the KTO-group for the period 2008-2010.
| 1000 euros |
2008 |
2009 |
2010 |
| Turnover |
€ 26.108 |
€ 22.917 |
€22.977 |
| Growth |
20,5% |
-12,2% |
+0.3% |
| Liquidity ratio (1) |
1,54 |
2,13 |
2,54 |
| Degree of debt (2) |
47,9% |
64,4% |
65,0% |
(1) Current assets / short-term debt capital
(2) Equity capital / total assets
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These evolutions are mainly situated in three domains:
• geographical, in which the French market gains importance due to the further integration
• the growing market share of pallet goods, that is tiles, laminate, parquet and accessories
• the ever-growing share of “value added logistics” with activities like order picking, cuttings,
production of shop displays and IT-solutions.
A healthy degree of financial independence and liquidity enables us to further invest and to set up partnerships with customers, often big international groups, where next to a competitive price-fixing and high service level, also the continuity of our company is an extra trump card.
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