Operating result exceeds expectations
(Thomson Reuters ONE) -
Komax Holding AG /
Operating result exceeds expectations
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Continuous robust demand, improved structures, operating efficiency and a higher
proportion of repeat orders in the Medtech business unit are leading to
profitability that exceeds expectations. Komax anticipates revenues of
approximately CHF 180 million and an operating profit of more than CHF 24
million in the first half of 2011. The half year results and the outlook for the
second half of 2011 will be published on 23 August 2011.
The Wire business unit benefits from a strong order book at the beginning of the
year, as well as a continuing high level of incoming orders in the first few
months of the 2011 financial year. In the first half of 2011, the EBIT margin
will exceed the high figure already achieved in the year-back period. Positive
business development and measures to improve profitability implemented at both
other business units are yielding pleasing results more quickly than expected:
we expect that both the Solar and Medtech business units will post a positive
operating result for the first half of 2011.
For more information, please contact:
Marco Knuchel Tel. +41 41 455 06 16
Head Investor Relations and Corporate Fax +41 41 450 10 24
Communications
www.komaxgroup.com marco.knuchel(at)komaxgroup.com
As a leading manufacturer of wire processing machines, machines for the
production of crystalline and thin-film modules for the photovoltaics market and
machine systems for the manufacture of inhalers and insulin delivery or
injection systems, the Komax Group employs a workforce of around 1,000 people.
Alongside production facilities in Switzerland, France, the United States,
Malaysia and China, Komax also provides sales and service support functions via
subsidiaries and independent agents in over 50 countries.
The media release can be downloaded from the following link:
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Komax Holding AG
Industriestrasse 6 Dierikon-LU Switzerland
WKN: 1070215 ;ISIN: CH0010702154;
Media release (PDF):
http://hugin.info/100418/R/1512602/448193.pdf
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Source: Komax Holding AG via Thomson Reuters ONE
[HUG#1512602]
Unternehmensinformation / Kurzprofil:
Datum: 05.05.2011 - 07:01 Uhr
Sprache: Deutsch
News-ID 54263
Anzahl Zeichen: 3123
contact information:
Town:
Dierikon-LU
Kategorie:
Business News
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"Operating result exceeds expectations"
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