Komax Holding AG 2024 AR2
The report highlights a challenging fiscal year 2024 for the Komax Group, marked by a decline in revenues to CHF 630.5 million and operating profit to CHF 16.0 million due to excess capacities and geopolitical uncertainties. In response, the company initiated rigorous cost reductions and structural optimizations, including the closure of several European production sites and the consolidation of activities in Switzerland. Despite these challenges, Komax strengthened its market position in China by acquiring a majority stake in Hosver and a minority stake in E-Plus. On the sustainability front, the company kept its overall greenhouse gas emissions stable and increased its share of renewable electricity to 31%.
Company: Komax Holding AG
Sector: Industrials
Country: Switzerland
Year: 2024
Type: AR2
Pages: 217
Komax Holding AG
Annual Report
The report highlights a challenging fiscal year 2024 for the Komax Group, marked by a decline in revenues to CHF 630.5 million and operating profit to CHF 16.0 million due to excess capacities and geopolitical uncertainties. In response, the company initiated rigorous cost reductions and structural optimizations, including the closure of several European production sites and the consolidation of activities in Switzerland. Despite these challenges, Komax strengthened its market position in China by acquiring a majority stake in Hosver and a minority stake in E-Plus. On the sustainability front, the company kept its overall greenhouse gas emissions stable and increased its share of renewable electricity to 31%.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees