30. Jul 2026
Description
(AWP Alliance News) - Kardex reported H1 2026 net profit fell 38.2% to EUR 22.3 million as EBIT dropped 38.4% to EUR 30.1 million, leaving the EBIT margin at 6.8%. Revenue rose 6% to EUR 440.5 million, while bookings climbed 25.8% to EUR 571.5 million and the order backlog increased 41.8% to EUR 727.2 million.
Automated Products revenue declined 11.1% to EUR 251.5 million and EBIT slid 41.7% to EUR 26.4 million, while Standardized Systems revenue jumped 42.6% to EUR 189.7 million. Management said profitability was hit by a temporary underperformance in Automated Products, citing underutilized production capacity, higher ERP costs, and continued investment in sales, marketing, IT, and R&D. Kardex forecast full-year 2026 order and revenue growth of 15%-20% with an EBIT margin of 8%-10%, expecting a return to the 10%-14% target range in H2 on a record order backlog.
https://www.publicnow.com/view/9F36BAF40592D1CE10818B0896D02D819664C8F6…
Disclaimer: This news brief was created using generative artificial intelligence. Kardex AG published the original content used to generate this news brief via EQS News on July 30, 2026, and is solely responsible for the information contained therein.
