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Fiscal year 2022 of the HOMAG Group - Record levels of sales and earnings

February 23, 2023. The HOMAG Group reports a successful fiscal year 2022, in which the company achieved new record levels of sales and earnings. According to preliminary figures, the HOMAG Group’s order intake [...] emphasizes CEO Dr. Daniel Schmitt. “We are almost 30 percent above previous record levels here.” The HOMAG Group recorded particularly high demand in North America in the 2022 fiscal year, with an increase [...] houses continues to develop positively, with its share of sales increasing to almost 15 percent.” The HOMAG Group continues to see good prospects for growth especially in the area of timber construction, which

Order intake in the first half of 2022 exceeds EUR 1 billion for the first time

Positive business development at HOMAG Group continues Schopfloch, August 4, 2022. Following the record order intake in the opening quarter, the strong demand at the HOMAG Group continued in the second quarter [...] significant growth in sales and earnings in the first half of 2022. In the first six months of 2022, the HOMAG Group’s order intake increased by 18 percent compared to the already very high previous year’s figure [...] temporarily higher share of merchandise with no added value of its own in a major US order.” The HOMAG Group was able to increase its EBIT before extraordinary effects by 45 percent to EUR 58.6 million

Fiscal year 2021: Record orders and significant improvement in earnings

last year, the HOMAG Group has significantly expanded its activities in timber construction. Together with its subsidiary WEINMANN, which is active in timber house construction, the HOMAG Group can offer [...] Schopfloch, February 24, 2022. The HOMAG Group achieved by far the highest order intake in its history in the fiscal year 2021. Sales and earnings also increased significantly compared to the previous [...] sustainable timber houses also contributed to this success. According to preliminary figures, the HOMAG Group’s order intake in the fiscal year 2021 increased by almost 60 percent to EUR 1,742 million over

Order Backlog with slight increase

Despite the corona pandemic, the HOMAG Group’s first quarter of 2020 was at a good level. Production was almost without interruptions at all major plants. Nevertheless, in March the first effects of the [...] pandemic became apparent. The acquisition of the sales & service partner in China was completed. HOMAG Group's sales revenue in the first three months of 2020 amounted to EUR 290 million, down nine percent [...] higher than at the end of 2019 (December 31, 2019: EUR 546 million). In the first quarter of 2020, the HOMAG Group generated operating EBIT of EUR 16.1 million (prior year: EUR 20.5 million). As of March 31

Business figures for the first nine months of 2024: Slight increase in order intake at low level

service company have no longer been allocated to the HOMAG Group but to the parent company Dürr since the beginning of 2024. Company Background The HOMAG Group is the world's leading provider of integrated [...] Schopfloch, November 7, 2024. Following the sharp decline in 2023, the HOMAG Group’s order intake increased again slightly in the first nine months of 2024. Sales and earnings decreased as expected. “Even [...] somewhat better and the service business is growing slightly despite the difficult environment.” The HOMAG Group’s order intake increased slightly by six percent to EUR 1,031 million (previous year: EUR 968

HOMAG Group AG acquires US distribution and service partner

customers in the US”, explains Jürgen Köppel, HOMAG Group’s CSO. “Stiles’ highly qualified sales and service team have built up excellent customer relationships. HOMAG Group Engineering with its project expertise [...] his business is being acquired by the HOMAG Group: “I know that my life’s achievement is being placed in good hands. I have been cooperating closely with the HOMAG Group for more than 30 years. It is the [...] HOMAG Group, the world’s leading manufacturer of plant and machinery for the woodworking industry and cabinet makers has, effective as of February 3, 2014 increased its share in the voting capital of the

Dr. Daniel Schmitt becomes a member of the HOMAG Group AG Board of Management

HOMAG’s solid wood business includes its subsidiary WEINMANN as well as the two recently acquired Danish companies System TM and Kallesoe. With the solid wood business unit HOMAG mainly supplies manufacturers [...] field is for us.” Gerhard Federer, Chairman of the Supervisory Board of HOMAG Group AG, states: “There is strong momentum at the HOMAG Group, and it is necessary to expand the Board of Management in order [...] business unit and for quality management. He holds a PhD in chemical engineering and comes from HOMAG’s parent company Dürr. At Dürr, he has been in charge of the Clean Technology Systems division since

First half-year 2020 of the HOMAG Group

Schopfloch, 6th August 2020. In the second quarter of 2020, the HOMAG Group was affected by the corona pandemic more strongly. Order intake and sales revenue decreased in the first half of 2020. Since [...] optimistic that the markets have bottomed out in the second quarter." In the first six months of 2020, HOMAG Group's sales revenue dropped by 13 percent to EUR 552 million (prior year: EUR 637 million) and order [...] 2020 stood at EUR 480 million (December 31, 2019: EUR 546 million). In the first half of 2020, the HOMAG Group generated operating EBIT of EUR 10.7 million (prior year: EUR 39.4 million). As of June 30,

Signs of recovery in the third quarter

Schopfloch, November 5, 2020. In the third quarter of 2020, HOMAG Group recorded a significant improvement in order intake (+41%) and an economic recovery compared to the second quarter of 2020. Nevertheless [...] will determine whether this positive development will continue. In the first nine months of 2020, HOMAG Group's sales revenues fell by 13 percent to EUR 833 million (prior year: EUR 957 million) and order [...] was EUR 461 million (December 31, 2019: EUR 546 million). In the first three quarters of 2020, the HOMAG Group generated operating EBIT of EUR 20.8 million (prior year: EUR 58.5 million). As of September

Financial year 2018: HOMAG Group achieves record result

previous year (€ 1,366 million), when the HOMAG Group had achieved an exceptionally strong 17-percent growth in incoming orders. As of December 31, 2018, the HOMAG Group had 6,593 employees (12/31/2017: 6 [...] Preliminary figures show that the HOMAG Group increased its sales by 6.5 percent to € 1,298 million (previous year: € 1,219 million). The order backlog was worth € 602 million as of December 31, 2018 [...] 6,371). In terms of operating EBIT, the HOMAG Group reached an all-time high of € 94.9 million (previous year: € 91.7 million), despite negative exchange rate effects and a management fee payable to Dürr