Switzerland's Komax beats 2025 sales estimates, cites tariff impact

Komax Holding AG

20/01/2026 06:10

Overview

Swiss automation firm's 2025 revenue of CHF 580 mln beat analyst expectations

Company achieved slightly positive EBIT despite restructuring costs and currency effects

Order intake decreased by 2.1%, revenue fell around 8% compared to 2024

Outlook

Komax expects cost reductions to save CHF 25 mln annually starting in 2026

Company sees positive impact from cost reductions on future results

Komax notes ongoing challenges from US tariffs and currency effects

Result Drivers

COST REDUCTIONS - Komax's cost-cutting measures positively impacted 2025 results, despite restructuring costs

US TARIFF IMPACT - US tariff policy reduced EBIT by around CHF 3 mln as some costs couldn't be passed on

MARKET ENVIRONMENT - Challenging market with investment reluctance from European automotive customers, while industrial and transportation sectors grew

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Beat
CHF 580 mln
CHF 570.08 mln (4 Analysts)
FY Orders
CHF 565 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Komax Holding AG is CHF77.50, about 34.8% above its January 19 closing price of CHF57.50

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nEQ1qxkgDa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)