GKN's profit after tax rose by 22% after Q1

GKN has announced the financial report for the first quarter of 2014. Thanks to the increase in global light vehicle production and the booming aerospace market, the company’s profit before tax rose by more than 20% year-on-year.

GKN's profit after tax rose by 22% after Q1

In the first quarter of 2014, GKN's overall sales reached 1.915 billion pounds, up 1% from 1.891 billion pounds in the same period in 2013; and pre-tax profits increased from 119 million pounds in the same period last year to 145 million pounds. twenty two%.

As the largest business unit of GKN, GKN's first-quarter sales reached 885 million pounds, up 5% from the same period last year. The department’s sales accounted for 46% of GKN’s overall sales and was also the best performer in the first quarter.

GKNEn CEO SteigStein said in a statement that for the rest of the year, the company’s performance is expected to continue to grow, and the organic growth trend will also become more stable.

Hoist Drum

Just as the crane wheel is the most vulnerable part in traveling unit, the rope drums are also a vulnerable part in hoisting part due to the long-time wear of grooves. Besides, when the rope drum is worn out, the Wire Rope will be worn out quickly, which is very dangerous.


Product Features

  • Thanks to the simple structure, drum adjustment and installation become rather converting;
  • During drum operation, steel ropes seat themselves properly into the spiral grooves arranged around the circumference of the cable drum;
  • Ensure a proper level of stress evenly acting upon the steel rope;
  • Standardized design is suited to various lifting heights;
  • Material: low-carbon alloy steel;
  • High strength, light weight and great rigidity;
  • Large-diameter drum with small drum width enables a safe fleet angle, which in turn extends the use life of the cable.

Hoist Drum,Electrical Hoist Drum,Crane Drum,Electrical Winch and Hoist

Eurocrane (China) Co., Ltd. , https://www.overhead-crane.com