Annual Report 2024

DrivingAutomation

Shareholders’ letter

Well prepared for profitable growth

An extremely challenging year was tackled early on with consistent cost reductions and structural optimizations.

Read the full shareholder’s letter

Key Figures 2024

Significant reduction in revenues

More key figures
630.5

million revenues in CHF

2023: 752.0 million¹
16

million EBIT in CHF

2023: 67.8 million²
63.1

gross margin in %

2023: 61.8%¹
51.7

equity ratio in %

2023: 55.1%
3496

employees as of 31.12.2024

31.12.2023: 3,490 employees
9.83

tCO₂e emissions per CHF 1 million revenues (Scope 1 and Scope 2, market-based)

2023: 8.28

¹ Excluding one-time effect (CHF +10.9 million).
² Excluding one-time effects (CHF +5.0 million).


Interview

A conversation with Chairman and CEO

Optimized structures and cost base

“In 2024, we took significant steps in implementing our strategy and as a result we are in a better position than we were a year ago.”

Beat Kälin, Chairman of the Board of Directors

Read the interview

Driving Automation

Elevating customers

Increasing the level of automation with Siemens in the US in a joint effort

“Komax has been a great partner in helping us to fully understand how its machines operate on the software side of things. We had unique requirements that fell outside of Komax’s usual use cases for wire list conversion. Configuration of all the machines required a lot of testing and validation and we felt fully supported on our integration journey.” Josh Robles, Automation Engineering Lead at Siemens Grand Prairie, Texas, USA

More on the partnership with Siemens in the US

Innovation

Market-leading

Continuous innovations for customers

To offer customers innovative solutions on an ongoing basis, the Komax Group has for many years been investing above-average sums in new developments, the optimization of the existing product portfolio, and the expansion of its service offering. Even in challenging years – such as 2024 – this has remained a firm focus of the company. In 2024, the Komax Group invested a total of CHF 74.3 million or 11.8% of revenues in research and development.

Read more on innovation

ESG

Sustainable, social, and responsible

ESG – an integral component of the strategy

In the reporting year, the Komax Group succeeded in maintaining its total emissions in tCO₂e in line with its ESG target from last year, despite various acquisitions. In addition, the share of renewable energies was increased and significant progress was made in the areas of responsibility and fairness.

Read more on ESG activities

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