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.
2024
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 ...
Annette Heimlicher stands for election to the Board of Directors of Komax Holding AG
At the Annual General Meeting to be held on 17 April 2024 the Board of Directors of Komax Holding AG will propose that Annette Heimlicher, CEO of the Contrinex Group since 2012, be elected as a new member of the Board. Kurt Haerri will not be standing for re-election due to term-of-office ...
Ad hoc Komax Group revises outlook for 2023 financial year
On the basis of a subdued business performance towards the end of 2023, the Komax Group does not expect to achieve its forecast for the 2023 financial year communicated in March 2023. It now anticipates revenues of approximately CHF 750 million (previously: CHF 770 million) and an EBIT margin of ...
2023
Komax Group wins Swiss Manufacturing Award 2023
The expansion of the Komax Group’s headquarters in Dierikon, Switzerland, and the combination with Schleuniger are a clear commitment to Switzerland as a business location. In recognition of this, the Institute of Technology Management at the University of St. Gallen presented the Swiss ...
Komax Group strengthens its market position in France, Morocco, and Tunisia
The integration of the Schleuniger Group into the Komax Group has been proceeding according to plan since the combination at the end of August 2022. This includes, for example, the optimization of the global sales and service network to be able to respond to customers’ needs in the best possible ...