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.
| Type | Public | |
| Founded | 1898 | |
| HQ | Zürich, CH | Map |
| Website | kardex.com |
Locations
Key People/Management at Kardex
Jens Fankhanel
Thomas Reist
Urs Siegenthaler
Hans-Jurgen Heitzer
Philipp Buhofer
Felix Thoni
Kardex Office Locations
Kardex Financials and Metrics
Kardex Revenue
| 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 |
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 423.4m | 471.2m | 412.9m | 455.5m |
Cost of goods sold | (265.4m) | (293.2m) | (255.6m) | (288.6m) |
Gross profit | 158.6m | 179.3m | 157.9m | 168.3m |
R&D expense | (11.4m) | (11.3m) | (10.6m) | (11.9m) |
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Revenue | 229.6m | 207.8m | 207.1m |
Cost of goods sold | (146.5m) | (132.8m) | (128.6m) |
Gross profit | 84.3m | 75.3m | 79.0m |
R&D expense | (5.3m) | (5.4m) | (6.0m) |
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 129.2m | 133.6m | 122.4m | 88.1m |
Accounts Receivable | 62.5m | 65.4m | 49.0m | 61.3m |
Prepaid Expenses | 7.2m | 8.1m | 10.4m | 10.5m |
Inventories | 15.0m | 19.2m | 14.8m | 6.5m |
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Cash | 119.9m | 109.2m | 75.3m |
Accounts Receivable | 56.9m | 48.9m | 49.0m |
Prepaid Expenses | 4.4m | 4.4m | 4.7m |
Inventories | 19.0m | 19.1m | 13.6m |
| EUR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 38.3m | 44.9m | 40.7m | 43.7m |
Depreciation and Amortization | 5.8m | 6.7m | 7.1m | 6.6m |
Inventories | (2.0m) | (3.7m) | 1.4m | 8.3m |
Accounts Payable | 300.0k | (200.0k) | (2.9m) | 7.1m |
| EUR | H1, 2019 | H1, 2020 | H1, 2021 |
|---|---|---|---|
Net Income | 20.2m | 17.1m | 19.6m |
Depreciation and Amortization | 3.0m | 3.2m | 3.3m |
Inventories | (3.5m) | (2.4m) | 1.3m |
Accounts Payable | 2.4m | (3.8m) | 2.5m |
| EUR | FY, 2018 |
|---|---|
Revenue/Employee | 240.7k |
Kardex Acquisitions / Subsidiaries
| Company Name | Date | Deal 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 |
Kardex Revenue Breakdown
Kardex revenue breakdown by business segment: 80.2% from REMSTAR, 19.5% from MLOG and 0.2% from Other
Kardex Cybersecurity Score
Kardex Environment, Social & Governance (ESG) Ratings
Kardex Online and Social Media Presence
914 Twitter followers
Kardex has 914 Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 0.2% quarter over quarter
Kardex's Trends
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies