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The electric cables expert

Komax machines are used to create, cut and test electric cables – tasks which are becoming increasingly automated – mainly for the automotive and aeronautics industries. In this niche market, known as wire processing, the Swiss company is the undisputed leader. Komax provides its services to the vast majority of automotive companies and also offers training on how to use its machinery and software.

The Swiss group is far ahead of the competition, with double the market share of its closest competitor. “With the electric and self-driving car boom, Komax ticks all the boxes it needs to generate significant organic growth in the coming years,” said Michal Lichvar of Vontobel bank. “We recommend purchasing shares.” Moreover, electric cables are becoming increasingly smaller and complex, meaning that new machines will be needed to process them.

The outlook is very good. Not to mention that in November, the Lucerne-based group landed its first major order from the aerospace industry, totalling more than 10 million Swiss francs. The name of the client was not disclosed. Confident in its abilities, Komax has set ambitious goals for the 2017–2021 period, aiming to pay its shareholders between 50% and 60% of earnings after taxes (EAT).


The Lucerne-based company is a key supplier to the automotive industry

  • Foundation: 1975
  • Headquarter: Dierikon (LU)
  • Revenues: CHF 373 Million (2016)
  • Effectives: 1'709