Press Release: Komax Holding AG: Preliminary information on 2013 financial year

Komax Holding AG / Komax Holding AG: Preliminary information on 2013 financial year . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Continually thriving business at Komax Wire and an improved operating enSHYvironment at both Komax Medtech and Komax Solar produced a pleasing increase in the order intake and a rise in revenues. Order intake at the Komax Group increased by 28% to CHF 368.3 million, while consolidated revenues rose by around 18% to a good CHF 340 million. The Group's annual financial statements and Annual Report will be published at the press conference and analysts' presentation to be held on 26 March 2014.

Komax Wire was again able to build on the good results of the previous year, and had 2013 another excellent year. At CHF 268.9 million (CHF 248.6 million after adjustment for acquisition effects), order intake remained at a high level (2012: CHF 231.1 million). The business unit benefited from the healthy state of the automotive industry in 2013. In particular, the US and its supplier industry in Mexico enjoyed pleasing demand, as did the Asia region. The proportion of overall business accounted for by major customers increased year-on-year in the reporting period, as numerous key accounts implemented comprehensive investment programmes to expand and renew capacity. Other end consumer markets such as the household goods, electronics and telecommunication industries likewise displayed robust development, albeit without matching the momentum of the automotive industry. Collaboration with recently acquired companies is proceeding in line with expectations. As part of its future-oriented investment strategy, Komax Wire increased development and marketing expenditure in 2013 in order to further expand its leading market position. Given the strong business development experienced in the fourth quarter of 2013 and at the beginning of 2014, the business unit expects the new year to get off to a good start.

At Komax Medtech, the market largely normalized during 2013. Whereas the previous year was characterized by restrained investment behaviour on the part of customers, orders bounced back during the period under review. Accordingly, order intake increased by 57% to CHF 75.0 million (2012: CHF 47.8 million). For the most part, this comprised orders from major customers in Europe and the US. The proportion of projects providing repeat business increased 2013 and stabilized at a good level. As a result, Komax Medtech has started the new year with a solid order backlog.

The solar industry remains in a crisis. Although it is generally assumed that the worst is now over, solar module manufacturers continue to suffer from substantial excess capacity, and demand for new equipment was correspondingly modest in 2013. Against this difficult backdrop, Komax Solar was able to win a number of important orders from the few projects put out to tender, thereby further consolidating its position as one of the world's leading manufacturers of stringer systems. Thanks to these successes, order intake rose sharply to CHF 24.4 million (2012: CHF 9.0 million). As announced back in August, Komax is looking to sell the Solar business. The process has now been initialized and is proceeding in line with expectations.

Financial calendar

Annual media conference/analyst's presentation 26 March 2014 Annual General Meeting 7 May 2014 First-half results 2014 19 August 2014 Preliminary information on 2014 financial year 20 January 2015

For more information, please contact:

Marco Knuchel Phone +41 41 455 06 16 Head Investor Relations/Corporate Communications marco.knuchel@komaxgroup.com

The Komax Group is a global technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry, for the production of modules for the photovoltaics market and for systems for the manufacture of self-medication solutions, Komax helps its customers implement economical and safe manufacturing processes, especially in the automotive supply, solar panel and pharmaceutical sectors. The Komax Group employs around 1 400 people worldwide and provides sales and service support via subsidiaries and independent agents in around 60 countries.

The media release can be downloaded from the following link:

Media release (PDF): http://hugin.info/100418/R/1755798/592879.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Komax Holding AG via Globenewswire

HUG#1755798

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Komax Holding AG

Industriestrasse 6 Dierikon-LU Switzerland

WKN: 1070215 ;ISIN: CH0010702154;

http://www.komax.ch (END) Dow Jones Newswires

   January 21, 2014 01:00 ET (06:00 GMT)- - 01 00 AM EST 01-21-14