Komax Group Triumphs in Tough Market, Boosts Revenue Significantly

• Komax Group's revenues increased by 24.0% to CHF 752.0 million in 2023, despite a challenging market environment.
• The increase in revenue was largely due to the combination with Schleuniger, completed in August 2022.
• Operating profit (EBIT) decreased by 5.5% to CHF 67.8 million, primarily due to a decline in volume business in the second half of 2023.
• The company's order intake increased slightly (+1.3%) to CHF 686.5 million.
• The company acquired German company WUSTEC, a specialist in automated wire prefabrication, to expand its offering in the growing Industrial & Infrastructure market segment.
• The Board of Directors is proposing a dividend of CHF 3.00, half of which will be distributed from capital contribution reserves and will be tax-free for natural persons domiciled in Switzerland who hold the shares as part of their private assets.

The next important date, Quarterly report, at Komax Holding is on 12.03.2024.

Komax Holding

+1,98 %

+4,87 %

-8,41 %

-1,79 %

-32,27 %

-12,10 %

-12,25 %

+42,18 %

ISIN:CH0010702154WKN:907324

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