Kardex Holding AG operates in the Conveyors and conveying equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kardex Holding AG with three other
material handling equipment manufacturers in Europe:
Palfinger Aktiengesellschaft
of AUSTRIA
(2020
sales of 1.53 billion Euros [US$1.84 billion]
of which 94%
was SALES AND SERVICE LAND),
Interroll Holding AG
(530.63 million Swiss Francs [US$581.19 million]
of which 42%
was Conveyors & Sorters), and
Haulotte Group
which is
based in FRANCE
(438.54 million Euros [US$526.46 million]
of which 87%
was Production & Distribution of the Machine).
Sales Analysis.
Kardex Holding AG reported sales of 442.16 million Swiss Francs (US$484.30 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 15.5%
versus 2019, when the company's sales were 523.09 million Swiss Francs.
Contributing to the drop in overall sales was the 16.3% decline
in Kardex Remstar, from 435.28 million Swiss Francs to 364.31 million Swiss Francs.
There were also decreases in sales in
Kardex Mlog (down 11.5% to 77.75 million Swiss Francs)
.