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Komax Holding AG: Strong order intake in both business units

Komax Holding AG / Komax Holding AG: Strong order intake in both business
units. Processed and transmitted by NASDAQ OMX Corporate Solutions. The
issuer is solely responsible for the content of this announcement.
The Komax Group's order intake increased by 20.4% to CHF 442.8 million (2014:
CHF 367.7 million), while sales grew by around 1.5% to around CHF 370 million
(2014: CHF 363.3 million). The Group's annual financial statements and Annual
Report will be published at the press conference and analysts' presentation
to be held on 22 March 2016.

Komax Wire

Despite the strength of the Swiss franc, Komax Wire once again exceeded the
previous year's impressive performance. Order intake increased by 15.1% to
CHF 348.4 million (2014: CHF 302.6 million). The key drivers of this pleasing
development were the persistently robust health of the automotive industry
and the continuing trend to further automate manual processes and enhance
processing quality in wire processing. The preference for higher-quality,
complex processing solutions, a trend that was already in evidence in the
first half of the year, was confirmed as the year progressed.

Moreover, with the launch of the Alpha 530 and Alpha 550, Komax Wire has set a
new benchmark for automatic crimping machines. Both solutions have set new
standards for productivity, flexibility and precision, and have accordingly
been well received by both customers and industry experts. In addition, Komax
Wire strengthened its market position by acquiring the Thonauer Group. The
Thonauer Group is a perfect fit for the service and distribution network of
Komax Wire, which is expanding its presence in one of the world's fastest
growing regions as the result of this acquisition.

In view of the continuing strong development of business, the persistently
healthy market environment, and its strong order book, Komax Wire is
expecting a good start to the New Year.

Komax Medtech

After a difficult start to 2015, order intake picked up over the course of the
year, and the fourth quarter in particular proved strong. This included
expected repeat orders and interesting orders with repeat potential from both
existing and new clients. By the end of the year, order intake had reached
the high level of CHF 94.5 million (2014: CHF 65.1 million). However, the
volatile development of business put pressure on capacity at all three sites.
In view of the strong order book at the start of this year, comprising a
number of commercially appealing, longer-term projects, Komax Medtech also
expects 2016 to start well.

Further progress has been made in the review of the strategic options open to
Komax Medtech, which was announced back in March 2015. The primary focus of
this review is on the sale of this business unit. Komax is holding
discussions with potential buyers. However, no concrete agreement has been
reached to date, so Komax cannot make any statement with respect to the
success of negotiations at the current point in time.

Change in the Board of Directors

Leo Steiner will not be standing for re-election as Member of the Board at the
next Annual General Meeting. For 24 years he has shaped Komax's development
in his role as CEO and Member and Chairman of the Board of Directors. The
Board of Directors would like to express its warm thanks to Leo Steiner for
his significant contribution to the company's development, his decisive
impact, and his extremely valuable collaboration over a period of many years.

Following a transitional, six-member phase which has been ongoing since the
process of renewal was initiated in 2012, the Board of Directors will now
return to its traditional size of five members. The Board considers this size
as optimal. As planned, Leo Steiner's position will not be filled.

Financial calendar

| Media briefing/presentation to analysts of 2015 financial statements 22 March 2016 |
| Annual General Meeting 12 May 2016 |
| First-half results 2016 23 August 2016 |
| Preliminary information on 2016 financial year 19 January 2017 |
For further information, please contact:

| Marco Knuchel Phone +41 41 455 06 16 |
| Head Investor Relations / Corporate Communications |
The Komax Group is a global technology company that focuses on markets in the
automation sector. As a leading manufacturer of innovative and high-quality
solutions for the wire processing industry and systems for the assembly of
self-medication instruments, Komax helps its customers implement economical
and safe manufacturing processes, especially in the automotive supply and
pharmaceutical sectors. The Komax Group employs around 1 550 people worldwide
and provides sales and service support via subsidiaries and independent
agents in around 60 countries.

The media release can be downloaded from the following link:

Press release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Komax Holding AG via Globenewswire


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