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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

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,

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

Portrait of an employee: Mr. LIGNA

What did you do at HOMAG? On January 1, 1988, I started at HOMAG as manager of the customer training center and I remained in this position until my retirement. Back then I started with two trainers. I [...] install in their machine. When you look back, what was one of the funniest stories from your time at HOMAG? There were a lot of funny moments, but there's one story I still remember well. On Father's Day, [...] crates of beer didn't pass us by, I quickly ended my moderation with an "EMERGENCY STOP," saying: "HOMAG employees aren't just creative when it comes to developing machines, they can also be creative with

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

On the offensive in data evaluation

Office. All HOMAG machines at one glance By linking SCHULER MDE to MMR Office, it is now possible to also evaluate production data of older HOMAG machines from the office. Between 2002 and 2011, HOMAG machines [...] Machine Monitoring and Reporting – machine data and conditions are automatically recorded on every HOMAG machine, and standardised key figures are generated. Using MMR Professional, it is also possible to [...] performance. The entry package for data evaluation in production: MMR Office Lite One innovation at the HOMAG Treff is the entry package, MMR Office Lite. It offers quick and easy entry into the analysis and

Annual general meeting of HOMAG Group AG

For 2018, HOMAG Group AG will make another compensation payment to its shareholders of € 1.01 per share. This compensation payment results from the domination and profit and loss transfer agreement concluded [...] to replace the previous variable dividend. In his speech, CEO Pekka Paasivaara looked back at the HOMAG Group's successful financial year of 2018, where sales and earnings reached all-time highs. He also [...] in the fields of automation and digitization for efficient and flexible manufacturing. Here, the HOMAG Group can set itself apart from its competitors through offering end-to-end solutions. "We know a

Allianz Industry 4.0 Award: Award for digital solutions from HOMAG

assistants", HOMAG was able to convince and secure the Allianz Industry 4.0 Award in this category. Digitalization at HOMAG As a leading production solution provider for the woodworking industry, HOMAG offers [...] carpenters to medium-sized companies to industry, in addition to its machine and service business. HOMAG's apps and digital assistants form an innovative business area: digital solutions for everyday work [...] assistants in the workshop? Which tools can you try out easily without investing large sums of money? HOMAG has addressed these questions and developed digital solutions for the skilled trades, which have now

HOMAG Group continues to feel market weakness in the first half of 2024

cut fixed costs by EUR 25 million; from 2025, the HOMAG Group expects to realize the full savings effect of EUR 50 million. Company Background The HOMAG Group is the world's leading provider of integrated [...] Schopfloch, August 8, 2024. The HOMAG Group continues to feel the effects of the customers’ reluctance to invest. Sales and earnings decreased in the first half of 2024. The job cuts in Germany announced [...] reflected above all in the low level of single machine business.” In the first six months of 2024, the HOMAG Group’s order intake increased only slightly by four percent to EUR 699 million compared to the low

Service responses in your time zone: The HOMAG APAC (Asia Pacific) Hotline

APAC Hotline consists of qualified and competent engineer specialists from HOMAG Asia (Singapore), HOMAG Australia and HOMAG India, the operational hours of APAC Hotline stay within this region, which [...] interview. Previously, HOMAG customers in APAC region had to contact German Hotline if they had any complex issues on the machine or software that were escalated by the local HOMAG service engineers; there [...] As a reliable partner, HOMAG diligently provides its customers with support when it comes to service - with innovative and traditional solutions: from spare parts management, inspections and maintenance