Edition:
United States

Kardex AG (KARN.S)

KARN.S on Swiss Exchange

98.35CHF
10:43am EDT
Change (% chg)

CHF1.25 (+1.29%)
Prev Close
CHF97.10
Open
CHF98.10
Day's High
CHF98.55
Day's Low
CHF96.20
Volume
14,048
Avg. Vol
11,901
52-wk High
CHF114.30
52-wk Low
CHF74.15

Latest Key Developments (Source: Significant Developments)

Kardex FY revenue up 6.1 pct at 358.5 million euros
Wednesday, 8 Mar 2017 12:00am EST 

Kardex AG : The order backlog at the end of the year was 137.8 million euros ($145.52 million), up around 11 pct on the previous year's value . FY revenue increased by 6.1 pct to 358.5 million euros (337.9 million euros year ago) . FY EBIT increased by 11.3 pct to 41.3 million euros, corresponding to an EBIT margin of 11.5 pct . FY profit increased by 8.1 pct to 30.8 million euros (28.5 million euros year ago) . In FY 2017 expects to perform well within the framework of the financial goals that have been announced .The Board of Directors will apply for a payout of 3.30 francs per share (3.00 francs year ago) at the Annual General Meeting in the form of a nominal value reduction.  Full Article

Kardex H1 revenue up 3.4 pct at 170.5 million euros
Thursday, 11 Aug 2016 12:39am EDT 

Kardex AG : H1 revenue of 170.5 million euros ($190.45 million) was only slightly higher by 3.4 pct than in same period in previous year . In view of good order backlog, board of directors and group management expect group to continue developing positively in line with communicated financial targets . At 18.0 million euros, H1 operating result (EBIT) equates to a 10.6 pct profit margin and is 2.3 million euros respectively 14.6 pct higher than in same period last year .H1 net profit of 13.0 million euros is, however, still 5.7 pct up on same period in previous year.  Full Article

Kardex to propose FY 2015 dividend
Thursday, 10 Mar 2016 12:00am EST 

Kardex AG:To propose to the General Meeting a payout of 3.00 Swiss francs per share (2.30 Swiss francs) to the shareholders.Payout will take the form of a reduction in the nominal value.Current nominal value of Kardex shares is 10.35 francs, which still leaves margin for further tax-free payouts.  Full Article

More From Around the Web

BRIEF-Kardex FY revenue up 6.1 pct at 358.5 million euros

* The order backlog at the end of the year was 137.8 million euros ($145.52 million), up around 11 pct on the previous year's value