Compare

Kardex Holding AG/€KARN

1D1W1M3M6MYTD1Y5YMAX

About Kardex Holding AG

Kardex Holding AG is a global provider of automated storage solutions and material handling systems, serving industries that require efficient warehouse logistics and inventory management. The company's core business revolves around two primary divisions: Kardex Remstar, which offers automated storage and retrieval systems, and Kardex Mlog, focusing on integrated material handling solutions. Established in 1973 and headquartered in Zurich, Switzerland, Kardex serves customers across Europe, North America, and Asia, ensuring a significant international presence. A key component of Kardex's strategic strength is its emphasis on innovation in intralogistics technologies, which aids clients in optimizing space and improving productivity within their operations. The company's competitive advantage lies in its ability to deliver customized solutions that meet diverse industry requirements.
Ticker
€KARN
Sector
Industrials
Primary listing
XGAT
Employees
3,037
Headquarters
Zurich, Switzerland
Website
www.kardex.com

KARN Metrics

BasicAdvanced
€2.1B
75.43
€3.63
1.37
€6.56
2.40%

What the Analysts think about KARN

Analyst ratings (Buy, Hold, Sell) for Kardex Holding AG stock.
Analyst projections of the future price of Kardex Holding AG stock.

Bulls say / Bears say

Bookings rose 25.8% to EUR 571.5 million and the backlog reached a record EUR 727.2 million, up 41.8% year on year. Kardex expects 15–20% order and revenue growth in 2026, giving the business a strong near-term pipeline. (EQS News)
Standardized Systems is gaining scale: bookings grew 60.8% and revenue 42.6% in the first half, with especially strong demand for Kardex AS Solutions. This reduces reliance on the weaker Remstar business and supports Kardex’s broader integrated-solutions strategy. (EQS News)
Kardex is expanding its AutoStore business into Canada, building on more than 150 deployments worldwide and an established North American customer and partner network. This gives it a route to win more business in a new market using an already proven offering. (Kardex)
First-half EBIT fell 38.4%, while revenue at the higher-margin Automated Products segment dropped 11.1%. A weak opening backlog, customer delays and longer project lead times left production underused and hurt profitability. (EQS News)
Kardex’s full-year EBIT margin outlook is now 8–10%, below its earlier target, as growth spending and a less favourable sales mix weigh on margins. In the first half, gross margin fell to 29.9% from 34.1% and operating costs rose 9%. (EQS News, EQS News)
Cash generation weakened sharply: first-half free cash flow fell 77.4% to EUR 1.9 million, while net cash declined 28.9% to EUR 89.5 million. Higher working capital and capital spending make it important that the record order backlog converts into cash as well as sales. (EQS News)
Data summarised monthly by Lightyear AI. Last updated on 23 Oct 2026.

KARN Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

KARN Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing KARN

AllUSDEURGBP
Funds
Fund name
Fund size
€KARN weighting
L&G ROBO Global Robotics and Automation$ROBO
$1.7B1.51%
L&G ROBO Global Robotics and Automation£ROBG
$1.7B1.51%
Xtrackers MSCI Europe Small Cap£XXSC
$3.6B0.11%
Xtrackers MSCI Europe Small Cap€DX2J
$3.6B0.11%
Vanguard ESG Developed Europe All Cap£V3EA
€125M0.02%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.