Dierikon, January 10, 2024
Press releaseTimely announcement pursuant to Art. 53LR
Preliminary data for the 2023 monetary year
The Komax Group’s customers remain keen to further automate their wire processing operations. Towards the end of 2023, however, various economic and geopolitical uncertainties meant that they were increasingly reluctant to make investment decisions. The resulting order intake amounted to CHF 686.5 million, which represented an increase of 1.2% on the previous year (CHF 678.1 million).
According to initial figures for the full year 2023, the Komax Group expects sales of around CHF 750 million (2022: CHF 606. 3 million), with an EBIT margin of around 9% (2022: 11. 8%). it is expected to be just below CHF 20 million under the direction of CHF 770 million, with an EBIT margin relief of around two percent from the forecast figure of around 11%. However, 20% is eye-catching, and is due, on the one hand, to the merger with Schleuniger and, on the other hand, to the record order of the Komax group at the beginning of 2023.
The expected new EBIT margin of around 9% does not have any ordinary effects such as the profit of CHF 11. 1 million from the sale of a construction at the production site in Rotkreuz, Switzerland, completed in the first quarter of 2023, or the costs of the closure of the Jettingen plant in Germany.
The Komax Group will publish its detailed monetary statements for 2023 on March 12, 2024.
Financial calendar
Annual media and analyst conference on the 2023 financial results
March 12, 2024
Annual General Meeting
17 April 2024
Half-year results 2024
August 13, 2024
Komax is a globally active 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, the Komax Group helps its customers implement economical and safe manufacturing processes, especially in the automotive supply sector. The Komax Group employs about 3400 employees worldwide and provides sales and service support via subsidiaries and independent agents in more than 60 countries.