Kardex AG - Company Profile
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Kardex AG (Kardex) is a supplier of material handling systems and automated storage solutions. The company provides automated storage and retrieval systems, buffering and sequencing, order fulfillment-controlled system, document storage and general contractor solutions, vertical buffer module, horizontal carousel module, totes, bins and tray storage, pallets and heavy and oversized loads. Kardex also provides individual storage, office technology, material handling, and automation solutions. The company also provides life cycle services such as consulting services for relocation, modernization, digital services- Kardex connect and Kardex portal, on-site services, operational training and spare part provision. Kardex is headquartered in Zurich, Switzerland.
Headquarters
Switzerland
Address
Airgate, Thurgauerstrasse 40, Zuerich, 8050
Website
www.kardex.com
Telephone
41 44 4194444
No of Employees
2,397
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
KARN (SWF)
Revenue (2023)
$760.1M
24.3%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
76.2%
(2023 vs 2022)
Market Cap*
$2.0B
Net Profit Margin (2023)
XYZ
41.9%
(2023 vs 2022)
* As of and is in US$
Kardex AG premium industry data and analytics
Products and Services
| Services |
|---|
| Automated Storage and Retrieval Systems |
| Buffering and Sequencing |
| Order Fulfillment Controlled System |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In February, the company launched Kardex FulfillX. |
| 2024 | Contracts/Agreements | In January, the company entered into a partnership with Addverb focused on intralogistics software. |
| 2023 | Contracts/Agreements | In March, the company and SVT Robotics announced a strategic partnership to enable Kardex Solutions customers to easily deploy and integrate AutoStore systems with additional automation technology. |
Competitor Comparison
| Key Parameters | Kardex AG | Kato Works Co Ltd | Sakai Heavy Industries Ltd | Crown Equipment Corporation | IHI Transport Machinery Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Switzerland | Japan | Japan | United States of America | Japan |
| City | Zuerich | Shinagawa-Ku | Minato-Ku | New Bremen | Chuo Ku |
| State/Province | - | Tokyo | Tokyo | Ohio | Tokyo |
| No. of Employees | 2,397 | 1,009 | 611 | - | 1,577 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Felix Thoni | Chairman | Executive Board | 2021 | 64 |
| Ulrich Jakob Looser | Vice Chairman | Executive Board | 2021 | 66 |
| Jens Hardenacke | Chief Executive Officer | Senior Management | 2023 | 52 |
| Thomas Reist | Chief Financial Officer | Senior Management | 2016 | 52 |
| Hans-Jurgen Heitzer | Head - Kardex Mlog Division | Senior Management | 2011 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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