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HOMAG Group with expected decline in sales and earnings in the first quarter of 2024

Schopfloch, May 14, 2024. The HOMAG Group’s sales and earnings declined in the first quarter of 2024. This was due to the significant drop in demand last year. “Business development in the first three

Annual general meeting of HOMAG Group AG in-person again

Bietigheim-Bissingen / Schopfloch, May 11, 2023. HOMAG Group AG held its annual general meeting today as an in-person event again for the first time since the start of the coronavirus pandemic. The annual

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

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

Financial year 2018: HOMAG Group achieves record result

SAP-based modernization of the IT systems and the reorganization of production at our largest plant in Schopfloch. Given these issues, we are satisfied with the achieved results." The HOMAG Group was particularly

HOMAG Group with revenue growth in the first nine months of 2018: Successful with large-scale plants

and the expansion of assembly plants at various locations. Production at the largest plant in Schopfloch is currently being reorganized to be prepared for the rapidly growing systems business. Pekka

Grathwol Fensterbau: window production at the next level

with Homag during Ligna 2019, after which there were several visits to the factory in neighboring Schopfloch. Grathwol had also used the exchange with other window manufacturers to experience the machines [...] took place in several phases. "Before the machine was put into operation, we ran it in at Homag in Schopfloch for two weeks. Three employees were then trained on a training machine before we had another two

Earnings show upward trend in the first quarter

Schopfloch, May 13, 2025. In the first quarter of 2025, the HOMAG Group’s order intake and sales were at approximately the same level as last year. Earnings improved thanks to cost reductions and a robust

HOMAG Group sales increase in the first quarter of 2023

Schopfloch, May 9, 2023. The HOMAG Group increased sales by 10 percent in the first quarter of 2023. As expected, order intake weakened in the first quarter of 2023 after two exceptionally strong years

€200,000, cars and machinery for craftsmen: Extensive aid package for the flooded areas

administered by it. Carmen Hettich-Günter, Chairwoman of the HOMAG Group works council, said in Schopfloch: “Solidarity with the people who have lost so much is top priority right now. And we know that