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Komax Holding AG ( (CH:KOMN) ) has provided an update.
Komax Gruppe has successfully showcased its automation expertise in the Next2OEM funding project led by Audi, which set out to achieve a maximum level of automation in wiring harness production and thereby transform automobile manufacturing. Over roughly three years, Komax contributed key technologies—including fully automatic cable processing machines, automated twisted-wire production, an integrated formboard with test modules, and a robot cell for taping and inline vision inspection—to a 400 m² prototype system at Audi’s Ingolstadt plant, where a center-console wiring harness from a current Audi model was produced in an automated process. The project demonstrated clear benefits of a highly automated process chain, such as reduced logistics and manual work, fewer errors, faster adjustment times, more resilient supply chains, fewer testing steps, and continuous data flow, while allowing Audi to deepen its production integration without raising unit material costs, underscoring Komax’s strategic role in advancing automation in automotive wiring harness manufacturing.
The most recent analyst rating on (CH:KOMN) stock is a Hold with a CHF65.00 price target. To see the full list of analyst forecasts on Komax Holding AG stock, see the CH:KOMN Stock Forecast page.
More about Komax Holding AG
Komax Holding AG is a globally active technology group specializing in automation, and is a leading manufacturer of innovative, high-quality cable processing solutions. Its systems support economical and safe production processes, particularly for automotive suppliers, and the company employs around 3,400 people worldwide, providing sales and service support in more than 60 countries.
Average Trading Volume: 23,550
Technical Sentiment Signal: Sell
Current Market Cap: CHF339.9M
Learn more about KOMN stock on TipRanks’ Stock Analysis page.