komax holding ag-reg (KOMN) Snapshot

Komax Holding AG reported earnings results for the full year of 2012. Consolidated revenues by the Komax Group amounted to CHF 288.2 million in 2012 against CHF 371.4 million. The operating profit declined by 69.8% to CHF 14.4 million against CHF 47.5 million. Despite the challenging environment and negative currency developments affecting the financial result, Group profit after taxes came in at CHF 10.0 million against CHF 39.3 million. Accordingly, basic earnings per share amounted to CHF 2.99 against CHF 11.68. The generational change on the Board of Directors which began in 2012 will continue at the 2013 Annual General Meeting. After more than 25 years as a member, Melk M. Lehner is not standing for re-election. In his place, the Board of Directors is proposing the first-time election of Prof. Dr. Roland Siegwart for a three-year term of office. Roland Siegwart (born 1959) is Vice-President for Research and Commercial Relations and member of the governing body of the ETH Zurich and Professor at ETH's Institute for autonomous systems. Roland Siegwart is a globally renowned pioneer in robotics research. The Board of Directors is confident that Roland Siegwart will bring his expertise, broad experience and network to bear in shaping the success of Komax.

Komax Holding AG announced that the board of directors to adhere to its attractive dividend policy, and is therefore proposing to the annual general meeting a distribution of CHF 2.00 per share from the capital contribution reserve. The payout ratio will therefore rise in a year-on-year comparison. The dividend yield on the date of the Board resolution stood at an attractive 2.5%. The dividend will be payable on May 10, 2013.

Komax Holding AG announced preliminary revenue results for the financial year 2012. For the year revenues came to around CHF 285 million against CHF 371.4 million a year ago.