Welcome to the Kardex Group
The Kardex Group is one of the leading suppliers of products and services in the logistics of dynamic storage and retrieval systems, static storage systems and automated warehouse and materials handling systems.
Corporate calendar
| Media and Analysts’ Conference: | Thursday, 31 March 2011 |
| Annual General Meeting 2011: | Tuesday, 26 April 2011 |
News
10 August 2010
Analysts Publications
Please see the following updated analysts publications re. Kardex AG
10 August 2010
Kardex in the first half of 2010
Revenue lower than in previous year – Negative half-year result – Positive trend in bookings
As a result of the economic crisis, the Kardex Group's bookings fell sharply from the second quarter of 2009 onwards. The recession led to overcapacity and severe price pressure in the market for automated service systems, with the exception of the after-sales service business.
To Media Services
Presentation Analysts and Media Conference (523 kB)
2 July 2010
Kardex Group expects first-half result to fall below previous year
The global economic crisis resulted in a substantial fall in orders and heavy price pressure in all divisions of Kardex Group in the second half of 2009 with the exception of the service business.
To Media Services
11 June 2010
Analysts Publications
Please see the following analysts publications re. Kardex AG
7 June 2010
Kardex Group confirms major order for high-bay warehouse in Germany
Kardex MLOG, a division of the Kardex Group, is supplying stacker cranes and conveyor technology worth several million euros to Fresenius Kabi Deutschland GmbH.
To Media Services
5 May 2010
Kardex AG: Acquisition of MLOG Logistics successfully closed
Kardex Group structure with three divisions Kardex Remstar, Kardex Stow, Kardex MLOG. Head of Kardex MLOG Division appointed member of the Management Board.
To Media Services
27 April 2010
General Meeting of Kardex AG follows proposals of the Board of Directors
The 32nd Annual General Meeting of Kardex AG held on April 27, 2010 followed the proposals of the Board of Directors on all items on the agenda.
To Media Services
23 April 2010
Kardex acquires MLOG Logistics GmbH in Germany
- Kardex Group is to become a major supplier of stacker cranes and integrated solutions for automated warehouse systems.
- Acquisition of MLOG will create sustainable synergy and growth potential.
- Positive contribution to earnings and performance.
Presentation Analysts and Media Conference (7.6 MB)
To Media Services
Picture Gallery
31 March 2010
Invitation to the 32nd ordinary General Meeting
Tuesday, 27 April 2010, 4 p.m., Zurich Marriott Hotel (“Century” conference room, 2nd floor), Neumühlequai 42, 8006 Zürich (Tram lines 11 and 14, tram stop Stampfenbachplatz)
Agenda and proposals of the Board of Directors as PDF file
16 March 2010
Kardex Group posts positive result in financial year 2009
Operating profit (EBIT) of EUR 6.3 million – Positive net result– Free cash flow of EUR 17.9 million – Equity ratio increases to 40.4% – Ready for sustainable growth
The Kardex Group's net revenues decreased to EUR 342.9 million (2008: EUR 460.0 million) in financial year 2009. At 25.5%, the decline in revenues was in line with the overall market trend. Adjusted for currency factors, the decline was 24.7%, and adjusted for acquisition effects, 28.3%.
To Media Services
9 February 2010
Positive operating result in fiscal 2009 despite difficult environment
Revenues and bookings down significantly on previous year. High one-off restructuring costs – Prepared for sustainable development
As a result of the economic crisis within the overall market for automated storage systems, in fiscal 2009 the Kardex Group, with its two divisions Kardex (KRM) (58.2% of revenues) and Stow (41.8% of revenues), posted a decline of 25.5% (24.7% after adjustment for currency translation effects) in revenues to EUR 342.9 million (previous year: EUR 460.0 million).
To Media Services