Grafenberg, Germany - Sales figures at RAMPF Group for fiscal 2010/2011 are expected to be Euro 104.5 million ($147 million) up 46 percent from the previous year, according to a 7 Sept statement from the company.
The company noted that there had been strong growth in the US, where RAMPF established itself in 2003-2004. RAMPF also said that "successful crisis management" during the economic downturn helped the company survive a decline in sales in 2008/2009 and 2009/2010.
In the 12 months ended 30 Jun 2011, RAMPF invested Euro 2.9 million in its companies. In fiscal 2011/2012, RAMPF said it plans to invest around Euro 8 million.
Personnel grew at RAMPF by 8 percent, the company said. As of 30 June 2011, RAMPF had 444 employees worldwide with some 388 of these working in Germany. Headcount is expected to increase to 500 in the 2011/2012 financial year.
RAMPF, which uses polyurethane to make two-component systems, and specialises in the recycling of PU waste, is headquartered in Grafenberg, Germany, with sites in the US, Japan and China.