Press releases

With a view to bundling resources, Komax will in the medium-term be integrating its thin-film activities into its new plant in York, USA. Up to 45 jobs will be cut in the coming months at the plant in Rotkreuz, Switzerland. Business is continuing to develop very well in the crystalline segment, which accounts for around 85 percent of Komax's solar business.

At their Ordinary General Meeting in Lucerne on 7 May 2010, the shareholders of Komax Holding AG approved the annual report, the consolidated financial statements and the statements of Komax Holding AG for the 2009 financial year. They also approved the Board of Directors’ proposal that – for the first time in Komax’s history – no dividend be paid.

The Komax Group expects sales of around CHF 150 million and an EBIT margin of around 8 percent in the first half of 2010 on the back of persistently strong demand in the Wire segment.