Kardex Holding AG

DB:KAX2 Stock Report

Market Cap: €2.2b

Kardex Holding Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jens Hardenacke

Chief executive officer

€1.4m

Total compensation

CEO salary percentage43.88%
CEO tenure2.4yrs
CEO ownershipn/a
Management average tenure9.5yrs
Board average tenure5.6yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Jens Hardenacke's remuneration changed compared to Kardex Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

€79m

Mar 31 2025n/an/a

€80m

Dec 31 2024€1m€594k

€81m

Sep 30 2024n/an/a

€77m

Jun 30 2024n/an/a

€73m

Mar 31 2024n/an/a

€70m

Dec 31 2023€943k€350k

€67m

Compensation vs Market: Jens's total compensation ($USD1.56M) is below average for companies of similar size in the German market ($USD2.44M).

Compensation vs Earnings: Jens's compensation has increased by more than 20% in the past year.


CEO

Jens Hardenacke (54 yo)

2.4yrs
Tenure
€1,352,967
Compensation

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

NamePositionTenureCompensationOwnership
Jens Hardenacke
Chief Executive Officer2.4yrs€1.35mno data
Thomas Reist
Chief Financial Officer9.5yrs€822.36kno data
Edwin van der Geest
Head of Investor Relationsno datano datano data
Hans-Jürgen Heitzer
Head of Kardex Mlog Division14.8yrsno datano data
Alexandre Müller
Investor Relation Professionalno datano datano data
9.5yrs
Average Tenure
54yo
Average Age

Experienced Management: KAX2's management team is seasoned and experienced (9.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Felix Thoni
Chairman14.4yrs€405.53kno data
Philipp Buhofer
Independent Director21.8yrs€110.64kno data
Andreas Haberli
Independent Director5.6yrs€125.96kno data
Eugen Elmiger
Independent Vice Chairman of Board5.6yrs€158.51kno data
Maria Vacalli
Independent Director2.8yrs€110.64kno data
Jennifer Maag
Independent Director3.6yrs€144.47kno data
5.6yrs
Average Tenure
59.5yo
Average Age

Experienced Board: KAX2's board of directors are considered experienced (5.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/22 19:18
End of Day Share Price 2025/11/21 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

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.

AnalystInstitution
Lasse StuebenBerenberg
Martin ComtesseJefferies LLC
Constantin HesseJefferies LLC