Trade Kendrion N.V. - SVEL CFD

Kendrion Company profile

About Kendrion NV

Kendrion NV is the Netherlands-based company engaged in the development, production and marketing of electromagnetic components for industrial and automotive applications. It also develops mechatronic systems and components, as well as advanced electromagnetic systems. The Company operates in two divisions and seven business units. The Division Industrial comprises three business units: Industrial Magnetic Systems, Industrial Control Systems and Industrial Drive Systems. The Division Automotive includes four units: Passenger Car Systems, Automotive Control Systems, Commercial Vehicle Systems and Heavy Duty Systems. The Company’s products are used in various areas, such as lifts, door-locking systems, industrial robots, medical equipment, electrical switchbox systems, gasoline and diesel engines, air-conditioning installations, motor cooling systems and beverage dispensers. Kendrion NV owns subsidiaries in Germany, China, Brazil, India, Sweden and the United States, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Kendrion NV revenues increased 17% to EUR464M. Net income increased from EUR4.3M to EUR14.4M. Revenues reflect Industrial Division segment increase of 22% to EUR231.5M, Automotive Division segment increase of 13% to EUR232.5M, Germany segment increase of 20% to EUR262.8M, Other European Countries segment increase of 19% to EUR107.9M.

Equity composition

04/2007, 1-for-10 reverse stock split.