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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 [...] market volume, under-utilization and increasing personnel costs. As of September 30, 2019, the HOMAG Group employed 6,615 people (September 30, 2018: 6,605). “Our customers' reluctance to invest is naturally [...] Paasivaara. “Particularly in China and also in Germany, demand is moderate.” As reported, the HOMAG Group is positioning itself for the future with a package of measures. Its core point is optimization

HOMAG Group achieves targets in a difficult market environment

Cost-cutting measures prove effective in the 2024 fiscal year Schopfloch, March 6, 2025. The HOMAG Group achieved its targets in 2024 in a difficult market environment. Order intake stabilized at the previous [...] reductions and a robust service business contributed to this. According to preliminary figures, the HOMAG Group’s order intake of EUR 1,357 million in the 2024 fiscal year almost matched the previous year’s figure [...] project business developed quite well, especially in the timber construction sector.” After the HOMAG Group had worked through the high order backlog caused by the exceptional economic situation in the furniture

Global Purchasing

Quality Sustainability at the Dürr Group Locations HOMAG Asia HOMAG Australia and New Zealand HOMAG Canada HOMAG China HOMAG India HOMAG Japan HOMAG Korea HOMAG Thailand HOMAG UK Stiles Machinery Global He [...] Locations HOMAG Deutschland Homagstrasse 3 - 5 72296 Schopfloch Deutschland +49 5245 92 200 (DE) info@homag.com www.homag.com Directions What are you looking for? Search Global Purchasing > HOMAG Company [...] Studies Awards Newsletter Exhibitions & Events Fairs & Events Webinars @ Live.HOMAG Media Videos Customer Magazine About Us HOMAG Group Mission Statement Executive & Supervisory Board History & Innovations Engagement

Stiles Machinery

Quality Sustainability at the Dürr Group Locations HOMAG Asia HOMAG Australia and New Zealand HOMAG Canada HOMAG China HOMAG India HOMAG Japan HOMAG Korea HOMAG Thailand HOMAG UK Stiles Machinery Global He [...] Locations HOMAG Deutschland Homagstrasse 3 - 5 72296 Schopfloch Deutschland +49 5245 92 200 (DE) info@homag.com www.homag.com Directions What are you looking for? Search Stiles Machinery > HOMAG Company [...] Machinery HOMAG machinery and software solutions in the USA Stiles Machinery is the HOMAG sales and service company representing the United States and Mexico. As a member of the HOMAG Group, Stiles Machinery

HOMAG Group AG acquires US distribution and service partner / Ad hoc announcement according to Sec. 15 WpHG [“Wertpapier

HOMAG Group AG, has by agreement dated today with effect as of February 3, 2014, increased its share in the voting capital of the US distribution and service company Stiles Machinery Inc. from 26.7 to [...] to 100 percent. HOMAG Group AG has held shares in Stiles since 1992. The shares were sold by Peter Kleinschmidt who has headed up the company for 39 years and is now retiring from active business. The purchase [...] guarantee the future; actual results including the financial position and the profitability of the HOMAG Group as well as the development of economic and regulatory framework conditions may deviate significantly

Significant growth in 2017

Preliminary figures show that the HOMAG Group's incoming orders rose by 17 percent to € 1,366 million (previous year: € 1,165 million). The order backlog was worth € 541 million as at December 31, 2017 [...] by 46 percent to € 94.4 million (previous year: € 64.7 million). As at December 31, 2017, the HOMAG Group had 6,371 employees (December 31, 2016: 6,126). "In 2017, we were successful in all regions around [...] in Northern and Eastern Europe and North America, we also recorded high rates of increase." The HOMAG Group saw strong demand in its project business in networked systems for the production of furniture

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

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 to [...] 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 [...] guarantee the future; actual results including the financial position and the profitability of the HOMAG Group as well as the development of economic and regulatory framework conditions may deviate significantly

HOMAG Machinery North America

Quality Sustainability at the Dürr Group Locations HOMAG Asia HOMAG Australia and New Zealand HOMAG Canada HOMAG China HOMAG India HOMAG Japan HOMAG Korea HOMAG Thailand HOMAG UK Stiles Machinery Global He [...] er Our Locations HOMAG Deutschland Homagstrasse 3 - 5 72296 Schopfloch Deutschland +49 5245 92 200 (DE) info@homag.com www.homag.com Directions What are you looking for? Search HOMAG Machinery North America [...] » Privacy Policy As a partnership between HOMAG Group AG and Stiles Machinery , HOMAG Machinery North America is the only machinery production factory for HOMAG in North America. At this factory, located

Graduates

Quality Sustainability at the Dürr Group Locations HOMAG Asia HOMAG Australia and New Zealand HOMAG Canada HOMAG China HOMAG India HOMAG Japan HOMAG Korea HOMAG Thailand HOMAG UK Stiles Machinery Global He [...] Studies Awards Newsletter Exhibitions & Events Fairs & Events Webinars @ Live.HOMAG Media Videos Customer Magazine About Us HOMAG Group Mission Statement Executive & Supervisory Board History & Innovations Engagement [...] zagranicznej) Dürr Group Services Sp. z o.o. Giussano, Italy Addetto/a di Back Office Service HOMAG Italia S.P.A. Poznań, Poland Assistant to Head of Global Procurement (BBS) Dürr Group Services Sp. z o

Syndicated loan agreement signed at further improved conditions ahead of schedule

HOMAG Group AG, the world’s leading manufacturer of plant and machinery for the woodworking industry and cabinet makers, extended the syndicated loan agreement concluded in 2012 ahead of schedule and again [...] costs,” explains CFO Hans-Dieter Schumacher. The banks have rewarded the strong development of HOMAG Group AG as reflected in the constant improvement of the results of operations since the conclusion of [...] guarantee the future; actual results including the financial position and the profitability of the HOMAG Group as well as the development of economic and regulatory framework conditions may deviate significantly