SOURCE: Komax Holding AG

May 06, 2010 12:19 ET

Sales and profitability ahead of expectations

DIERIKON-LU, SWITZERLAND--(Marketwire - May 6, 2010) - Komax Holding AG / Sales and profitability ahead of expectations processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.

The Komax Group expects sales of around CHF 150 million and an EBIT margin of around 8 percent in the first half of 2010 on the back of persistently strong demand in the Wire segment.

Thanks to a persistently high level of new orders in the Wire segment, the Komax Group will end the first half of 2010 with sales and profitability in excess of financial market expectations. The Group anticipates sales of around CHF 150 million and an EBIT margin of around 8 percent in the first half of 2010.

Komax expects its Solar business to continue to perform well, primarily thanks to the healthy flow of new orders for crystalline module manufacturing machines. However, there is still no sign of the tide turning in the thin-film machines segment, where the market remains dry, not least due the current cheapness of silicon.

The Medtech segment is developing in line with expectations. Orders in hand and order quality are at a good level.

For further information:
Komax Holding AG                          Tel +41 41 455 06 16


Dominik Slappnig Fax +41 41 450 10 24

Head of Investor Relations & Corporate dominik.slappnig@komaxgroup.com Communications

www.komaxgroup.com


The media release can be downloaded from the following link:



[HUG#1412773]



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Komax Holding AG Industriestrasse 6 Dierikon-LU Switzerland

WKN: 1070215 ;ISIN: CH0010702154;

Media release (PDF): http://hugin.info/100418/R/1412773/364911.pdf

Contact Information

  • For further information:

    Komax Holding AG
    Tel +41 41 455 06 16

    Dominik Slappnig
    Fax +41 41 450 10 24

    Head of Investor Relations & Corporate Communications
    dominik.slappnig@komaxgroup.com