on KOMAX Holding AG (isin : CH0010702154)
Komax Group Maintains Profitability Amidst Global Challenges
The Komax Group, amid significant challenges and high volatility in the first half of 2025, managed to record a slightly higher order intake of CHF 277.4 million, a 2.9% increase from 2024. However, revenues fell by 13.3% to CHF 280.3 million due to a reduced order backlog and currency impacts. Despite these hurdles, Komax achieved a positive EBIT of CHF 6.2 million, thanks to stringent cost reductions and a high gross margin of 68.1%.
Geopolitical factors have caused a decline in customer investments, particularly in Europe, North America, and China. Nevertheless, Africa showed remarkable growth of 44.2% due to shifts in the wire harness production sector. Structural adjustments and relocations were key to achieving sustainable cost savings, resulting in job cuts and consolidation of production facilities.
Looking ahead, Komax is geared toward leveraging opportunities in automation and electrification. These efforts are expected to help the Group target a double-digit EBIT margin by 2027, whilst maintaining a steady financial foundation despite current challenges.
R. E.
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