EBIT and the Group profit after taxes are expected to be in the region of CHF 9 million (7.48 million euros). Net cash increased to CHF 8 Mio.

Komax Wire’s results are similar to those of the previous year. However, the company said an ongoing crisis in the photovoltaic industry led to a massive decline in sales and an operational loss (EBIT) of around CHF 10 million for Komax Solar.

Komax Medtech also recorded a decrease in sales and a negative operating result. Project postponements and corrections as well as the constant pressure on margins due to exchange rates caused this development.