Home / Knowledge / News / Textiles / Gamma Holding's strategy towards leadership 2010
Gamma Holding's strategy towards leadership 2010
31
Jan '08
Gamma Holding's turnover came to EUR 779 million in 2007 (2006: EUR 774 million). Adjusted to take account of currency effects (-4%), turnover increased by 5%.

The operating result excluding restructuring expenses increased by 3% to EUR 63.4 million (2006: EUR 61.6 million). Adjusted for currency effects (-9%), the operating result excluding restructuring expenses rose by 12%.

The net group result increased by 18% to EUR 33.0 million (2006: EUR 28.0 million). Adjusted for currency effects (-10%), the net group result showed an increase of 28%.

The takeover of the Danish company uni-chains A/S has now been approved by the competition authorities and was completed this week. Gamma Holding is hereby taking a significant strategic step towards strengthening the position of its subsidiary Ammeraal Beltech (Belting Technology) in the growth market for modular process and conveyor belts.

These provisional figures have not yet been audited. The definitive figures for 2007, together with explanatory notes, will be published on 22 February before the start of stock exchange trading.

Strategy Towards leadership 2010:
Four years of intensive work on the portfolio, the strategic cost position, growth and synergy have made Gamma Holding a healthy company. Important portfolio changes have been carried out during the transformation process. Assembly activities have been centralised and, like production, moved to low-wage countries.

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search