Komax Holding AG Elects New Chairman and Approves Strategic Initiatives

An announcement from Komax Holding AG ( (CH:KOMN) ) is now available.

At the general meeting of Komax Holding AG, shareholders elected Andreas Häberli as the new Chairman of the Board of Directors and approved all proposals, including the election of Daniel Lippuner as a new board member. The meeting highlighted a cost reduction program aimed at improving profitability by reducing the cost base by at least CHF 10 million from 2026. The company is well-positioned in the market, facing few local competitors, with strategic locations in the USA to handle customs challenges.

More about Komax Holding AG

Komax is a globally active technology group focusing on the automation market. It is a leading manufacturer of innovative and high-quality solutions for cable processing, supporting economic and safe manufacturing processes, especially for automotive suppliers. The Komax Group employs around 3,400 people worldwide and offers sales and service support in over 60 countries through subsidiaries and independent representatives.

YTD Price Performance: -15.74%

Average Trading Volume: 13,968

Technical Sentiment Signal: Buy

Current Market Cap: CHF486.1M

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