Report
Toby Thorrington

Kendrion - Interface between electricity and movement

Kendrion specialises in high-quality electromagnetic systems that increase safety, performance and comfort in automotive and industrial applications. Its actuators are crucial in the interface between electricity and movement. Despite the short-term impact of the coronavirus pandemic on the automotive and industrial segments, the company is well positioned to benefit from multiple long-term disruptive trends, such as autonomous driving, electrification and industrial automation (eg robotics).
Underlying
Kendrion NV

Kendrion develops, manufactures and markets high-quality electromagnetic systems and components. Co.'s electromagnets are used all over the world in products such as lifts, door locking systems, industrial robots, medical equipment, electrical switchbox systems, diesel engines and airconditioning systems. Co.'s activities are performed in four business units: Industrial Magnetic Systems, Industrial Drive Systems, Passenger Car Systems and Commercial Vehicle Systems.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Toby Thorrington

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