Komax: expectations clearly surpassed
21/08/2018 09:03
** Shares in Swiss maker of automated solutions for cable
harness manufacturing Komax KOMN.S up 9 pct after
better-than-expected H1 results, strong outlook urn:newsml:reuters.com:*:nFWN1VC00M
** H1 exceeds top-line expectations by 7% to 9% and
bottom-line expectations by 16-18%, Baader Helvea says and adds
that increased strategic investments are paying off earlier and
stronger
** ZKB also believes that Komax's H1 "clearly surpassed
expectations" at all levels
** "Komax is in a very healthy state and is winning market
share, which is reflected in the confident outlook", it adds
((Sylwia.lasek@tr.com))