Media Releases
Here you will find the latest news from the Komax Group. If you have any questions or further concerns, please feel free to contact us.
2025
Ad hoc Komax Group reports positive operating profit despite considerably lower order intake and revenues
The Komax Group looks back on an extremely challenging year. Customers invested less due to excess capacities as well as geopolitical uncertainties, and this led to a significant decline in order intake (–15.9%), revenues (–16.2%), and operating profit (EBIT, –76.3%). The Komax Group reacted ...
Ad hoc Komax Group records higher order intake in second half of 2024
2024 brought extremely challenging market conditions for the Komax Group. Demand for its products increased slightly in the second half of the year, leading to an order intake that was 14% higher than in the first six months. The overall order intake for 2024 amounted to CHF 577.2 million, with ...
Komax Group takes up stake in E-Plus in China
The Komax Group acquired a minority 5% stake in E-Plus at the end of 2024. It is thus entering into a partnership with the biggest provider of digital smart factory solutions for the wire processing industry in China.
2024
Ad hoc Board of Directors of Komax Holding AG nominates Andreas Häberli for election as Chairman at the 2025 Annual General Meeting
Beat Kälin, who has acted as Chairman of the Board of Directors of Komax Holding AG since 2015, has decided to step down as Chairman at the next Annual General Meeting. The Board of Directors is nominating Andreas Häberli as new Chairman. Beat Kälin will remain a member of the Board. Moreover, ...
Ad hoc The Komax Group is making good progress in the implementation of its strategy
In September 2023 the Komax Group announced its new strategy and its mid-term targets for 2028. Since then, it has made good progress in the implementation of its strategy. It has strengthened its position in China, expanded its service business, and optimized its distribution network, location ...
Ad hoc Consistent cost reduction and structural optimizations as the basis for future profitable growth
The first six months of 2024 were shaped by excess capacity in the automotive industry in Europe and Asia and persistent global uncertainties, leading to scaled-back investment activity on the part of customers. This resulted in an order intake that was down 22.1% at CHF 269.5 million (H1 2023: ...
Ad hoc Komax Group mastering challenging market situation
The Komax Group currently finds itself in a market environment shaped by uncertainties and excess capacity in some places, which is why its customers are investing less and postponing projects. As a consequence, it is witnessing a significant decline in its revenues. The Komax Group already ...
Annual General Meeting elects Annette Heimlicher as a new member of the Board of Directors and approves all other proposals
At the Annual General Meeting held on 17 April 2024 at the Culture and Convention Center in Lucerne, the shareholders of Komax Holding AG approved all the proposals of the Board of Directors. They confirmed the re-appointment of the members of the Board of Directors standing for re-election, and ...
Komax Group strengthens its market position in China
The Komax Group is acquiring a majority share in Chinese company Hosver – the leading Chinese manufacturer of processing machinery for high-voltage cables. These are needed in vehicles with electric drive systems, a strong growth area in China.
Ad hoc The Komax Group held its own in a difficult market environment and significantly increased revenues
The Komax Group faced a challenging market environment in 2023. Despite this, revenues increased by 24.0% to CHF 752.0 million, a consequence in particular of the combination with Schleuniger, which was completed at the end of August 2022. Order intake increased slightly (+1.3%) to CHF 686.5 ...