Komax Group - Huge decline in sales and new orders

The Komax Group is expecting a huge decline in sales and new orders
for the first half of 2009, resulting in a negative operating profit
(EBIT). The cost-reduction programmes already in place will therefore
be systematically continued and extended.

Due to the continuing financial and economic crisis, the Komax Group
is expecting a huge decline in sales and new orders for the first
half of 2009, resulting in a negative operating profit (EBIT). The
measures already introduced will lead to an improved situation in the
second half of the year. The equity ratio remains at a very
respectable 70 percent. The losses occurred predominantly in the wire
processing segment due to the massive decline in sales in the
automotive market; short-time working will be extended to other
departments in this segment. In the photovoltaics segment, it is
clear that the financing of projects has become more difficult; at
the Rotkreuz site, working hours have been temporarily reduced. The
medical technology segment remains in a robust state of health.

For further information:

Komax Holding AG Tel. +41 41 455 06 16 / Mobile +41 79
236 52 64
Dominik Slappnig Fax +41 41 450 10 24
Head of Investor Relations & dominik.slappnig@komaxgroup.com
Corporate Communications
www.komaxgroup.com

The media release can be downloaded from the following link:

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