Kardex Holding Full Year 2024 Earnings: Beats Expectations

Simply Wall St

March 07, 2025

Kardex Holding (VTX:KARN) Full Year 2024 Results

Key Financial Results

Revenue: €791.2m (up 13% from FY 2023).
Net income: €80.7m (up 21% from FY 2023).
Profit margin: 10% (in line with FY 2023).
EPS: €10.45 (up from €8.63 in FY 2023).

earnings-and-revenue-growth — SWX:KARN Earnings and Revenue Growth March 7th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kardex Holding Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%.

Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in Switzerland.

Performance of the Swiss Machinery industry.

The company's shares are up 1.9% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Kardex Holding's balance sheet and an in-depth analysis of the company's financial position.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.