Kadant Inc (N:KAI)

Sector:  Industrials Industry:  Industrial Machinery & Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 1 Technology Park Dr
WESTFORD MA 01886
Tel: 1-978-7762000
Website: https://www.kadant.com
IR: See website
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Key People
Jonathan W. Painter
Chairman of the Board
Fredrik Han Westerhout
Vice President
Jeffrey L. Powell
President, Chief Executive Officer, Director
Michael J. Mckenney
Chief Financial Officer, Executive Vice President
Deborah S. Selwood
Senior Vice President, Chief Accounting Officer
Stacy D. Krause
Senior Vice President, General Counsel, Secretary
Peter J. Flynn
Senior Vice President
Dara F. Mitchell
Senior Vice President - Corporate Development
Thomas Andrew Blanchard
Vice President
Michael Colwell
Vice President
   
Business Overview
Kadant Inc. is a global supplier of technologies and engineered systems. The Company operates through three segments: Flow Control, Industrial Processing, and Material Handling. Flow Control segment include rotary sealing devices, steam systems, expansion joints, doctor systems, roll and fabric cleaning devices, and filtration and fiber recovery systems. Industrial Processing segment Equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. The segment also provides fiber processing industries with simulation software and consulting services. Material Handling segment products include conveying and vibratory equipment and balers. In addition, the Company manufactures and sells biodegradable, absorbent granules used as carriers in agricultural applications and for oil and grease absorption.
Financial Overview
For the fiscal year ended 30 December 2023, Kadant Inc revenues increased 6% to $957.7M. Net income decreased 4% to $116.1M. Revenues reflect Material Handling Systems segment increase of 19% to $239.5M, Flow Control segment increase of 4% to $363.5M, Industrial Processing segment increase of less than 1% to $354.7M, United States segment increase of 11% to $448.6M, Other segment increase of 11% to $311.4M.
Employees: 3,100 as of Dec 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,913M as of Dec 30, 2023
Annual revenue (TTM): $957.67M as of Dec 30, 2023
EBITDA (TTM): $202.09M as of Dec 30, 2023
Net annual income (TTM): $116.07M as of Dec 30, 2023
Free cash flow (TTM): $120.47M as of Dec 30, 2023
Net Debt Last Fiscal Year: $7.04M as of Dec 30, 2023
Shares outstanding: 11,718,808 as of Feb 16, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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