Kardex to deliver warehouse automation solution for Groupe Madrigall
The solution includes a large-scale AutoStore system with 300,000 bins and 300 robots, plus warehouse control software and integration.
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Global provider of intralogistics and automated storage solutions
kardex.comLast updated
In short: Kardex reported record high order backlogs and booking growth through mid-2026, despite recent margin pressure and a decline in net profit.
The solution includes a large-scale AutoStore system with 300,000 bins and 300 robots, plus warehouse control software and integration.
The platform connects automation, insights, workflows, and warehouse operations in one ecosystem.
The project includes a 4-aisle pallet high-bay warehouse, AutoStore with 178,800 bins, and 588 meters of conveying technology.
The company expects 15-20% revenue growth and 8-10% EBIT margin for the full year.
CEO Jens Hardenacke is dissatisfied with the weak margins and forecasts a significantly better second half of the year. The prospects are good.
The Automated Products segment has suffered from a weak order situation at the start of the year, delays in larger projects, and underutilization of production capacities.
Profitability declined sharply due to a weak phase in the Automated Products segment (Kardex Remstar). Order intake rose by 26 percent to 571.5 million euros...
Ebit and net profit of the Zurich-based industrial company fell by nearly 40% in the first half, penalized by investments and the weakness of...
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