Key Figures 2009

Overview

EUR millions 1 January to 31 December 2009 +/–% 2008
Bookings 322.3 –28.3 449.2
Order backlog (31 December) 78.9 –20.6 99.4
       
Net revenues 342.9 –25.5 460.0
       
Operating result (EBIT) 6.3 –85.1 42.3
EBIT in % of revenues, net 1.8   9.2
       
Operating result before depreciation (EBITDA) 16.5 –67.9 51.4
EBITDA in % of revenues, net 4.8   11.2
       
Result for the period 0.8 –97.6 33.0
Result for the period in % of revenues, net 0.2   7.2
       
Total comprehensive income for the period –0.1   34.2
Total comprehensive income for the period in % of revenues, net   7.4
       
Capital expenditure (gross) 9.1 –35.5 14.1
       
Net cash flow 25.6 –34.5 39.1
Net cash flow in % of net revenues 7.5   8.5
       
Free cash flow 17.9 –11.4 20.2
Free cash flow in % of revenues, net 5.2   4.4
       
As of 31.12.2009 +/–% 31.12.2008
Net debt 20.0 –21.3 25.4
       
Equity 98.1 –8.6 107.3
Equity ratio in % 40.4   38.5
       
Employees (full–time equivalents) 1899 –6.4 2028

Further key figures

EUR millions 1 January to 31 December 2009 +/–% 2008
Average number of employees during the year 1964 1.8 1930
Average net sales per employee (EUR 1000) 175 –26.5 238
Gearing 0.20 –16.7 0.24
Par value reduction (EUR millions) 9.3  

Net revenues by regions

EUR millions 1 January to 31 December 2009 +/–% 2008
– Euro countries 202.1 –24.0 265.9
– Rest of Europe 79.6 –37.0 126.3
– Americas 37.6 18.2 31.8
– Asia Pacific 23.6 –34.4 36.0
Total net revenues 342.9 –25.5 460.0

Segmentreporting

EUR millions 2009 +/–% 2008
       
Kardex Remstar operating segment      
Bookings 180.9 – 28.1 251.6
Order backlog (31 December) 48.2 – 27.8 66.8
Segment net revenues 199.6 – 22.5 257.5
Operating result (EBIT) 6.8 – 76.5 28.9
EBIT in % of segment net sales 3.4   11.2
Employees (full–time equivalents on 31 December) 1 313 – 5.1 1 384
       
Kardex Stow operating segment      
Bookings 141.4 – 28.4 197.6
Order backlog (31 December) 30.7 – 5.8 32.6
Segment net revenues 143.5 – 30.1 205.2
Operating result (EBIT) 2.1 – 86.8 15.9
EBIT in % of segment net sales 1.5   7.7
Employees (full–time equivalents on 31 December) 572 – 9.6 633