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KAP gears up for growth, announces solid interim results

By: Schalk Burger     12th February 2018 Diversified industrial group KAP Industrial Holdings has raised R2-billion through the issuance of three- to five-year bond tenures to fund its future growth, the firm stated in its six-month interim results for the period ended December 31. The group on Monday reported that its revenue from... 

KAP advances acquisition strategy; reports good FY17 results

By: Schalk Burger     14th August 2017 Diversified industrial group KAP Industrial Holdings’ acquisition of high-density polyethylene and polypropylene manufacturer Safripol, logistics firm Lucerne Transport and a 51.4% interest in logistics firm Xinergistix during the 2017 financial year, provides the company with further... 

PG Bison increases capacity with world class particle board line, ahead of schedule

     15th May 2017 PG Bison commissioned its new Siempelkamp Continuous Press in Piet Retief on 30 April 2017. The commissioning was completed ahead of schedule and without disrupting supply to customers. The new plant will increase PG Bison’s particleboard capacity and further enhance the quality of the product.... 

KAP boasts strong H1 results

By: Megan van Wyngaardt     13th February 2017 Diversified industrial group KAP Industrial Holdings increased its revenue by 10% to R9-billion for the six months to December 31, while operating profit rose 24% to R1.1-billion, which resulted in operating margins continuing to improve to 12.3% from the previous year’s 11%. “The results for the... 

KAP’s growth continues, FY earnings rise

By: Megan van Wyngaardt     15th August 2016 JSE-listed KAP Industrial Holdings has seen continued growth during the year to June 30, with headline earnings from continuing operations up 18% to 47.8c apiece. Operating profit increased 19% year-on-year to R2-billion. 

Industrial holdings group restructures amid tough economic climate

By: Schalk Burger     13th March 2015 JSE-listed industrial group KAP Industrial Holdings delivered robust interim results, owing to active restructuring of its divisions, cost-savings measures, improved efficiencies and the implementation of new technologies in its industrial division. The group also reduced its gearing ratio from... 

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