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HOMAG Group AG postpones annual general meeting due to spread of coronavirus

The postponement of the annual general meeting means that the compensation payment of EUR 1.01 per share cannot be paid to shareholders as planned on May 8, 2020, but on the first banking day after th

HOMAG and 3Tec agree strategic partnership: Focus on customers

"It happens time and again that our machines and plants have to be linked with machines from other manufacturers", explains Wolfgang Augsten, Executive Vice President of the HOMAG Group. "This may be

HOMAG Group in mourning: Gerhard Schuler passed away aged 92

In 1960, Gerhard Schuler and Eugen Hornberger jointly established the company Hornberger Maschinenbaugesellschaft oHG, the precursor of today’s HOMAG Group. Since the company’s inception, as a Managin

HOMAG Group with new CFO as of March 2020

Ralf W. Dieter, CEO of Dürr AG and Chairman of the Supervisory Board of HOMAG Group AG: “The Supervisory Board regrets Mr. Matheis' decision, thanks him very much for his successful work as a member o

Crowned "Factory of the Year 2019" in the "Excellent Small Series Assembly" category

This award is given annually by the management consulting firm A. T. Kearney in collaboration with the trade newspaper "Produktion." The award recognizes companies from the production industry that ov

HOMAG Group feeling customers' reluctance to invest

The HOMAG Group slightly increased its sales revenues to EUR 957 million in the first three quarters of 2019 (prior year: EUR 937 million). At EUR 907 million, order intake was below the high level of

HOMAG Group optimizes its structure

Shutdown of production at the Hemmoor site (Lower Saxony) Planned reduction of headcount in Germany by 350 Additional investment in digitization and innovative products “It is a matter of deep regret

Valuation proceedings: Appeal lodged by HOMAG shareholders against the ruling of the Regional Court of Stuttgart

The court had ruled in favor of a minor increase in the cash settlement offer and the guaranteed dividend (compensation). Under this ruling, the court had increased the cash settlement for shareholder

Press release 1st half year 2019: Weaker economy influences incoming orders

In the first six months of 2019, the HOMAG Group increased its sales by five percent to EUR 637 million (previous year: EUR 606 million). At EUR 591 million, order intake was below the very high level

HOMAG Group generates record sales revenue in 2014

in Mio. EUR 2014 2013 Order intake* 802.6 734.3 Order backlog* 307.3 207.6 Sales revenue 914.8 788.8 Operative EBITDA** 93.2 75.8 Net profit (after non-controlling interests) 18.9 18.4 Net liabilities