Klingelnberg Ltd
KLIN
ISIN CH0420462266 / Valor 42046226
Klingelnberg Ltd
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About company
Klingelnberg Ltd, established in 1863, is a prominent manufacturer specializing in machine tools for cylindrical and bevel gear processing, as well as precision measuring centers for gears and rotationally symmetric components. The company is well-positioned to address the evolving demands of modern drive technology, particularly in the context of drivetrain electrification. Klingelnberg's product portfolio includes advanced technologies for producing high-precision gears used in various applications, such as gearboxes for electric vehicles, wind power plants, trains, airplane engines, cement mills, and maritime and offshore platforms. The company operates through four main product lines and is recognized for its innovative capabilities, supported by a global team of R&D engineers and over 200 registered patents. The Klingelnberg family continues to play a significant role as an anchor shareholder, maintaining the company's legacy and commitment to technological advancement.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (24.03.2026):
Klingelnberg Ltd — Q4 / fiscal year 2023/24 (year ended 31 March 2024): Klingelnberg reports an exceptionally strong 2023/24 financial year with record order intake of EUR 311.4m (up from EUR 300.4m), a 3% higher order backlog, and an improved operating result (EBIT) of EUR 25.1m (from EUR 23.8m). The company proposes a CHF 0.50 dividend per share (+25%) and closes the year with a stronger equity ratio of 47.5%. Management succession is planned with COO Philipp Kannengießer becoming CEO effective 1 September 2024.
Order intake and backlog
Order intake reached a new high at EUR 311.4m for 2023/24 (previous year EUR 300.4m). The order backlog rose a further 3%, marking the third consecutive year of record orders.
Profitability (EBIT)
Operating result (EBIT) increased to EUR 25.1m from EUR 23.8m in 2022/23, an improvement of EUR 1.3m year-on-year.
Sales and segment performance
Sales stayed at a high level across segments. Bevel Gear: order intake EUR 87.5m, sales EUR 89.1m. Cylindrical Gear: order intake EUR 111.0m, sales EUR 95.7m. Measuring Centers: order intake EUR 96.8m, sales EUR 98.6m.
Geographic mix
Klingelnberg generated 55.5% of sales in Asia and 31.1% in the EMEA region, with notable strength in India, China and North America helping offset regional weakness in Europe.
Balance sheet / financial position
Equity ratio improved to 47.5% (up 3.0 percentage points), underlining a strengthened financial position at 31 March 2024.
Capital return
The Board will propose a dividend of CHF 0.50 per share at the Annual General Meeting on 20 August 2024, a 25% increase versus the prior year.
Outlook for 2024/25
Management expects production at full capacity, a slight increase in sales and an EBIT margin exceeding 8% for the 2024/25 financial year.
Management change
Jan Klingelnberg will focus on Board duties after the 2024 AGM; Philipp Kannengießer (COO) will assume the CEO role on 1 September 2024, a planned leadership transition described as part of a streamlining of the management team.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
117 M
Market cap (USD)
1,495
Daily traded volume (Shares)
13.4 / 12.8
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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