Media Releases

2021

• 10/4/2021 - Komax purchases property next to headquarters and will consolidate its two Swiss sites
  Komax purchased land with a production and office building in Dierikon from elevator manufacturer Schindler at the end of last week. The property is located immediately adjacent to the Komax headquarters and will make it possible to bring together all Swiss activities in Dierikon in the future.

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• 8/17/2021 - Ad hoc │ Komax is on track for recovery and starts the second half of 2021 with strong order books
  The Komax Group saw its market situation gradually improve in the first six months of 2021 on the back of the recovery underway in the automotive industry. This enabled Komax to record a strong order intake of CHF 229.1 million (first half of 2020: CHF 143.8 million).

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• 7/8/2021 - Ad hoc │ Komax expecting a strong second half
  The market situation gradually improved for the Komax Group in the first half of 2021. After a slow start to the year, orders have increased rapidly since May. Total order intake in the first six months amounted to CHF 230.7 million.

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• 4/14/2021 - Ad hoc │ Annual General Meeting of Komax Holding AG approves all of Board of Directors’ proposals
  At the Annual General Meeting of 14 April 2021, the shareholders of Komax Holding AG approved all the proposals of the Board of Directors. As in the previous year, the Annual General Meeting took place at the premises of Komax Holding AG in Dierikon without shareholders attending in person.

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• 3/16/2021 - Ad hoc │ 2020 annual financial statements of the Komax Group
  The coronavirus pandemic posed a significant challenge for the Komax Group in 2020 and had a substantial impact on the result for the year. The slump in demand in the automotive industry triggered a sizeable decrease in order intake (CHF 345.3 million) and revenues (CHF 327.6 million). Thanks to the swift implementation of comprehensive cost-cutting measures, Komax proved the robustness of its business model, recording EBIT of CHF 11.3 million despite the adverse circumstances.

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• 1/26/2021 - Ad hoc │ Preliminary information on 2020 financial year
  The coronavirus pandemic and associated slump in demand witnessed by the automotive industry posed a significant challenge for the Komax Group in 2020. A massive decline in orders in the first half of the year was followed by a steady improvement in the market situation in the second half.

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