OverviewSuggest Edit

Kardex is a company that develops, produces, maintains, and sells automated storage solutions and material handling systems. It operates through Kardex Remstar and Kardex Mlog divisions. The company offers a range of storing solutions, including dynamic storage systems, and turnkey systems and high-bay warehouses; material flow management solutions; handling and automation solutions, such as automated storage and retrieval machines, conveyor systems, vertical and horizontal systems, and warehouse management solutions; and a range of office technology solutions and products that assist companies in managing various quantities of documents.

TypePublic
Founded1898
HQZürich, CH
Websitekardex.com

Locations

Kardex is headquartered in
Zürich, Switzerland

Location Map

Latest Updates

Employees (est.) (Jun 2020)1,906
Revenue (FY, 2021)€455.5 M(+11%)
Share Price (May 2022)CHF167.4(+2%)
Cybersecurity ratingCMore
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Key People/Management at Kardex

Jens Fankhanel

Jens Fankhanel

Chief Executive Officer
Thomas Reist

Thomas Reist

Chief Financial Officer
Urs Siegenthaler

Urs Siegenthaler

Head of Kardex Remstar Division
Hans-Jurgen Heitzer

Hans-Jurgen Heitzer

Head of Kardex Mlog Division
Philipp Buhofer

Philipp Buhofer

Director
Felix Thoni

Felix Thoni

Director
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Kardex Office Locations

Kardex has offices in Zürich, Renens, Volketswil, Westbrook and in 33 other locations
Zürich, CH (HQ)
Thurgauerstrasse 40
Renens, CH
13 Avenue des Baumettes
Volketswil, CH
Chriesbaumstrasse
Wodonga, AU
1/1 Greygown St
Wien, AT
Janis-Joplin-Promenade 26/top 9
Dilbeek, BE
Eikelenbergstraat 20
Show all (37)

Kardex Financials and Metrics

Kardex Revenue

Kardex's revenue was reported to be €455.5 m in FY, 2021
EUR

Revenue (FY, 2021)

455.5m

Gross profit (FY, 2021)

168.3m

Net income (FY, 2021)

43.7m

EBITDA (FY, 2021)

67.7m

EBIT (FY, 2021)

61.1m

Market capitalization (12-May-2022)

1.3b

Closing stock price (12-May-2022)

167.4

Cash (31-Dec-2021)

88.1m

EV

1.2b
Kardex's current market capitalization is CHF1.3 b.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

423.4m471.2m412.9m455.5m

Cost of goods sold

(265.4m)(293.2m)(255.6m)(288.6m)

Gross profit

158.6m179.3m157.9m168.3m

R&D expense

(11.4m)(11.3m)(10.6m)(11.9m)
Half Year
EURH1, 2019H1, 2020H1, 2021

Revenue

229.6m207.8m207.1m

Cost of goods sold

(146.5m)(132.8m)(128.6m)

Gross profit

84.3m75.3m79.0m

R&D expense

(5.3m)(5.4m)(6.0m)
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

129.2m133.6m122.4m88.1m

Accounts Receivable

62.5m65.4m49.0m61.3m

Prepaid Expenses

7.2m8.1m10.4m10.5m

Inventories

15.0m19.2m14.8m6.5m
Half Year
EURH1, 2019H1, 2020H1, 2021

Cash

119.9m109.2m75.3m

Accounts Receivable

56.9m48.9m49.0m

Prepaid Expenses

4.4m4.4m4.7m

Inventories

19.0m19.1m13.6m
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

38.3m44.9m40.7m43.7m

Depreciation and Amortization

5.8m6.7m7.1m6.6m

Inventories

(2.0m)(3.7m)1.4m8.3m

Accounts Payable

300.0k(200.0k)(2.9m)7.1m
Half Year
EURH1, 2019H1, 2020H1, 2021

Net Income

20.2m17.1m19.6m

Depreciation and Amortization

3.0m3.2m3.3m

Inventories

(3.5m)(2.4m)1.3m

Accounts Payable

2.4m(3.8m)2.5m
EURFY, 2018

Revenue/Employee

240.7k
Show all financial metrics

Kardex Acquisitions / Subsidiaries

Company NameDateDeal Size
AHT Services Group, LLC
Filtec GmbH
Kardex Austria GmbH
Kardex Business Partner GmbH
Kardex Danmark A/S
Kardex Deutschland GmbH
Kardex Far East Private Ltd.
Kardex Finland OY
Kardex France SASU
Kardex Germany Partner GmbH
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Kardex Revenue Breakdown

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Kardex revenue breakdown by business segment: 80.2% from REMSTAR, 19.5% from MLOG and 0.2% from Other

Kardex Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Kardex Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Kardex Online and Social Media Presence

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Kardex Frequently Asked Questions

  • When was Kardex founded?

    Kardex was founded in 1898.

  • Who are Kardex key executives?

    Kardex's key executives are Jens Fankhanel, Thomas Reist and Urs Siegenthaler.

  • How many employees does Kardex have?

    Kardex has 1,906 employees.

  • What is Kardex revenue?

    Latest Kardex annual revenue is €455.5 m.

  • What is Kardex revenue per employee?

    Latest Kardex revenue per employee is €239 k.

  • Who are Kardex competitors?

    Competitors of Kardex include Güdel, Wynright and IHI Transport Machinery.

  • Where is Kardex headquarters?

    Kardex headquarters is located at Thurgauerstrasse 40, Zürich.

  • Where are Kardex offices?

    Kardex has offices in Zürich, Renens, Volketswil, Westbrook and in 33 other locations.

  • How many offices does Kardex have?

    Kardex has 37 offices.