The ideal partner for individual storage and materials handling solutions

Consolidated income statement as per 31.12.2019

EUR millions

2019(%)

2018

(%)

     
Net revenues471.2100.0%423.4

100.0%

Cost of goods sold and services provided-299.9-63.6%-271.2 -64.1%
Gross profit171.336.4%152.235.9%
     
Sales and marketing expenses-58.3-12.4%-53.0-12.5%
Administrative expenses-37.9-8.0%-34.2-8.1%
R&D expenses-11.3-2.4%-11.4-2.7%
Other operating income1.30.3%0.70.2%
Other operating expenses-1.6-0.3%-1.1-0.3%
Operating result (EBIT)63.513.5%53.2

12.6%

     
Financial result, net-3.3-0.7%-1.7-0.4%
          
Result for the period before tax60.212.8%51.512.2%
     
Income tax expense-15.3-3.2%-13.2-3.1%
     
Result for the period44.99.5% 38.39.0%
     
Attributable to:    
Shareholders of Kardex AG44.49.4% 38.39.0%
Minority interests0.50.1%-0.0%
Result for the period44.99.5%38.39.0%
     
Earnings per share (EUR)15.75  4.97 

 

 

 

1 No dilutive effect occurred in 2019 and 2018.

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