Press releases - archive

We are very pleased to announce the commencement of operation of the new subsidiary, Komax Automation India Pvt. Ltd. with effect from July 01, 2008 and would like to welcome our new colleagues from India into our Komax Group.

Over the past six months, the Komax Group was able to raise its order intake by around 16 percent compared with the previous year. The Group is building a new production facility for photovoltaics in order to continue increasing capacity.

General Meeting approves all motions of the Board of Directors

Continued growth targeted – EBIT margin at 12.4 percent

The Komax Group generated sales of CHF 348.8 million in fiscal 2007, which equates to a rise of 9.3 percent. The Group raised its EBIT margin to 12.4 percent with a 13.6 percent increase in operating profit. Finally, order intake rose a full 18.6 percent, to CHF 389.1 million. Komax is confident of achieving continued growth in 2008, and is targeting sales of CHF 600 million in 2012.

Strong growth in the wire processing and photovoltaic sectors

According to its provisional figures, the Komax Group lifted sales in the 2007 financial year by 10 percent from CHF 319 million to about CHF 350 million. Order intake even rose by 19 percent from CHF 328 million to CHF 389 million. Europe and particularly Asia grew particularly strongly in 2007. The traditional wire processing business and the photovoltaics business both developed well.

In advance of the Productronica, Komax has once again made a substantial invest-ment in the development of innovative wire processing solutions. The main focus is on the new Kappa automatic cut-and-strip machines and the new Alpha fully automatic crimping machines. These models accommodate a large selection of processing sta-tions, reduce changeover times and allow long cables to be processed in a minimal amount of space. A further highlight is the new Zeta block loader with its unbeatable cost-benefit ratio for one-ended loading.

Rise in sales and profit - strong second half expected

The Komax Group substantially improved both sales and earnings in the first six months of 2007, with performance in the relevant markets continuing to show a positive trend. The Group is confident of achieving its ambitious targets.

General Meeting approves motions of the Board of Directors - Beat Kälin new CEO

Marked improvement in sales and profit

Marked growth in all markets

Sharp rise in sales and profit – bright forecast for the year as a whole

General Meeting approves motions of the Board of Directors – Payout ratio now 39%

Sales appreciably higher – market clearly recovering

Sales appreciably higher – clear improvement in second half

Ismeca Automation, a member of the Komax Group, announced that it has landed another major order worth CHF 15 million. The customer is a world-leading computer and electronics manufacturer from the United States.

Cutting-edge solutions in wire processing

Ismeca Automation, acquired by the Komax Group in April 2005, has landed a major order worth CHF 14 million. The client is an Israel-based company that applies cutting-edge technology to the production of power packs.

Higher sales, less profit – second half expected to be better

General Meeting approves motions of the Board of Directors - Daniel Hirschi elected as new member of the Board

The Komax Group is taking over the Ismeca Automation division of Schweiter Technologies.

Komax is to acquire Sigma, a Stans-based firm, from Bossard AG. Sigma is active mainly in small-scale systems, manufacturing transfer systems and mechanized assembly workstations. The acquisition marks a strategic move by Komax to continue growing its system business and to fill gaps in the market.

Sales down slightly – profit strong

The Komax "In-house Show", held every two years, welcomed 890 visitors this year, an all-time record. Tremendous interest was shown in the 70 products displayed. Independently of the show, Komax landed a major order from a Japanese wire-harness manufacturer for about 40 crimping machines.

Net income surges by 54.1%; EBITDA margin at 18.7%

Annual General Meeting approves Board's proposals
Good first half of 2004 anticipated

The Komax Group in fiscal 2003
Sales up 16%, EBITDA margin of 17.1%

Sales up 15% - EBIT margin over 12%

Strong increase in earnings – operating profit margin 11%

Annual General Meeting approves Board's proposals - First half of 2003 expected to be good

Komax receives international technology award

Currency-adjusted sales and earnings above previous year

Sales of 150 fully automatic crimping machines

Sales and profit at previous year's level

Good order intake

Result below previous year - Noticeable uptrend - Stronger second half anticipated

Annual General Meeting approves proposals by the Board of Directors - Annual General Meeting approves proposals by the Board of Directors -
Komax AG suspends short-time work

Growth affected by difficult economic environment

Effective 1 April 2002, Komax AG based in Dierikon/Switzerland is planning to introduce short-time working for its production staff. The reduction in working hours will amount to 20%-40% and is likely to affect some 150 employees. This action is in response to an unsatisfactory order intake at the time being.