Mr. Jens Hardenacke is Chief Executive Officer of Kardex Holding AG from June 1, 2023. He was Managing Director of Dematic Central Europe and Dematic DACH from 2021 to 2023 and SVP of Dematic GMBH, Germany...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Reist	Chief Financial Officer	8.6yrs	€822.36k	0.0072% CHF 156.6k
Jens Hardenacke	Chief Executive Officer	1.5yrs	no data	no data
Edwin van der Geest	Head of Investor Relations	no data	no data	no data
Hans-Jürgen Heitzer	Head of Kardex Mlog Division	13.9yrs	no data	no data
Urs Siegenthaler	Head of Kardex Remstar Division	5.9yrs	no data	no data
Alexandre Müller	Investor Relation Professional	no data	no data	no data

7.3yrs

Average Tenure

57.5yo

Average Age

Experienced Management: KARN's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Felix Thoni	Chairman	13.5yrs	€409.03k	0.45% CHF 9.7m
Philipp Buhofer	Independent Director	20.9yrs	€111.46k	no data
Andreas Haberli	Independent Director	4.7yrs	€112.22k	0.016% CHF 340.2k
Eugen Elmiger	Independent Vice Chairman of Board	4.7yrs	€126.86k	0.038% CHF 815.0k
Maria Vacalli	Independent Director	1.9yrs	€74.31k	0.00089% CHF 19.3k
Jennifer Maag	Independent Director	2.7yrs	€137.10k	0.0059% CHF 128.0k

4.7yrs

Average Tenure

58.5yo

Average Age

Experienced Board: KARN's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 09:30
End of Day Share Price	2024/12/18 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kardex Holding AG is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christian Arnold	Bank Vontobel AG
Lasse Stueben	Berenberg
Martin Comtesse	Jefferies LLC

Kardex Holding Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

We Think The Compensation For Kardex Holding AG's (VTX:KARN) CEO Looks About Right

Recent updates

Kardex Holding (VTX:KARN) Might Become A Compounding Machine

Now 21% undervalued

An Intrinsic Calculation For Kardex Holding AG (VTX:KARN) Suggests It's 24% Undervalued

Is Now The Time To Put Kardex Holding (VTX:KARN) On Your Watchlist?

Now 21% undervalued

Is It Too Late To Consider Buying Kardex Holding AG (VTX:KARN)?

Kardex Holding AG's (VTX:KARN) Price Is Out Of Tune With Earnings

Now 21% undervalued

Now 20% undervalued

Investors Shouldn't Overlook The Favourable Returns On Capital At Kardex Holding (VTX:KARN)

Kardex Holding's (VTX:KARN) Strong Earnings Are Of Good Quality

Now 21% undervalued

New minor risk - Share price stability

A Look At The Fair Value Of Kardex Holding AG (VTX:KARN)

Now 20% undervalued after recent price drop

Is It Time To Consider Buying Kardex Holding AG (VTX:KARN)?

Kardex Holding AG (VTX:KARN) Investors Are Less Pessimistic Than Expected

Kardex Holding (VTX:KARN) Is Paying Out A Larger Dividend Than Last Year

Capital Investments At Kardex Holding (VTX:KARN) Point To A Promising Future

Upcoming dividend of CHF5.00 per share

Is Now The Time To Put Kardex Holding (VTX:KARN) On Your Watchlist?

Dividend of CHF5.00 announced

Full year 2023 earnings released: EPS: €8.63 (vs €4.90 in FY 2022)

Kardex Holding AG to Report Q2, 2025 Results on Jul 31, 2025

Is It Time To Consider Buying Kardex Holding AG (VTX:KARN)?

Kardex Holding AG (VTX:KARN) Not Flying Under The Radar

Estimating The Intrinsic Value Of Kardex Holding AG (VTX:KARN)

Capital Investments At Kardex Holding (VTX:KARN) Point To A Promising Future

Now 22% undervalued after recent price drop

Is Now The Time To Look At Buying Kardex Holding AG (VTX:KARN)?

Now 21% undervalued after recent price drop

Estimating The Fair Value Of Kardex Holding AG (VTX:KARN)

New minor risk - Share price stability

Consensus EPS estimates increase by 11%

First half 2023 earnings released: EPS: €4.17 (vs €2.08 in 1H 2022)

Why You Should Care About Kardex Holding's (VTX:KARN) Strong Returns On Capital

At CHF188, Is It Time To Put Kardex Holding AG (VTX:KARN) On Your Watch List?

Insufficient new directors

Upcoming dividend of CHF3.50 per share at 1.7% yield

A Look Into Kardex Holding's (VTX:KARN) Impressive Returns On Capital

Consensus EPS estimates increase by 11%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Is It Time To Consider Buying Kardex Holding AG (VTX:KARN)?

Now 21% undervalued after recent price drop

Founders of Robomotive intend to acquire 50% stake in Robomotive BV from Kardex Holding AG (SWX:KARN).

Now 22% undervalued after recent price drop

Investor sentiment improved over the past week

Kardex Holding (VTX:KARN) Might Become A Compounding Machine

What Is Kardex Holding AG's (VTX:KARN) Share Price Doing?

Investor sentiment deteriorated over the past week

First half 2022 earnings released

Capital Investment Trends At Kardex Holding (VTX:KARN) Look Strong

Is It Too Late To Consider Buying Kardex Holding AG (VTX:KARN)?

Price target decreased to CHF226

Price target decreased to CHF243

Kardex Holding (VTX:KARN) Is Increasing Its Dividend To CHF4.30

Kardex Holding AG Proposes Dividend, Payable on April 27, 2022

Upcoming dividend of CHF4.30 per share

What Is Kardex Holding AG's (VTX:KARN) Share Price Doing?

Now 21% undervalued after recent price drop

Price target decreased to CHF266

Consensus EPS estimates fall by 17%

Full year 2021 earnings: EPS and revenues miss analyst expectations

Now 22% undervalued after recent price drop

Kardex Holding AG to Report First Half, 2023 Results on Jul 27, 2023

Why We Like The Returns At Kardex Holding (VTX:KARN)

Here's Why I Think Kardex Holding (VTX:KARN) Might Deserve Your Attention Today

Is It Time To Consider Buying Kardex Holding AG (VTX:KARN)?

Price target increased to CHF295

Returns On Capital Are A Standout For Kardex Holding (VTX:KARN)

If You Like EPS Growth Then Check Out Kardex Holding (VTX:KARN) Before It's Too Late

Is Kardex Holding AG (VTX:KARN) Potentially Undervalued?

Kardex Holding (VTX:KARN) Is Achieving High Returns On Its Capital