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

implementing. In this way, we are making the HOMAG Group fit for the future and intend to return to profitable growth in the next upturn.” Company Background The HOMAG Group is the world's leading provider of [...] 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 [...] reluctant to invest. As a result, we cannot yet speak of a recovery in demand or a turnaround.” The HOMAG Group’s order intake increased by seven percent to EUR 377 million in the first three months of 2024

Software Finder

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 Headquarters [...] 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 Software Software [...] 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

Solid Wood

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 Headquarters [...] Contact ContactFinder ServiceFinder 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 [...] 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

The TeleService solution of the future

TeleServiceNet makes HOMAG specialists available by telephone to answer any questions wood processing businesses may have about machine technology. HOMAG is now taking this service to a higher level of [...] allows the machine operator to share the current situation with HOMAG wirelessly via live video diagnostics. This makes it possible for the HOMAG specialist to identify possible errors quickly and often fix [...] for the machine and the use of various Service apps, such as those aimed at predictive maintenance. HOMAG TeleService employees stand to benefit too, since intelliServiceNet will give them access to more

Jason Baker Design automates its finishing process

like more information or a demonstration of any of the HOMAG machinery and software, please contact HOMAG UK on 01332 856500 or email info-uk@homag.com [...] research suggested there were three main suppliers in the market, one of which was HOMAG UK. We have invested heavily in HOMAG woodworking machinery over the past five years and have found the quality of the [...] was a good fit for our business and so we placed the order with HOMAG UK. “It was delivered in May this year (2023) and installed by HOMAG’s partner in Scotland, AWMS who did a great job. The commissioning

Mathews Kitchens increase edging capacity with HOMAG Ambition 2274

strength of edge bonding. “We have been a customer of HOMAG UK for over 20 years and have invested in a HOLZMA beam saw, a flat-bed WEEKE CNC, a HOMAG BAZ CNC and a WEEKE BHX 050 routing and drilling unit [...] installation schedule, HOMAG’s Alec Workman trained our staff on the machine and, after just a couple of weeks, we were enjoying production capacity benefits of at least 30 percent. HOMAG’s powerTouch touchscreen [...] the years, HOMAG has always been there when we need them, so we know that even if we do have an issue it will be fixed quickly. The service they provide overall is superb and even the HOMAG Finance package

HOMAG Group further expands activities in solid wood sector

Ralf W. Dieter, CEO of HOMAG Group AG. “Due to the boom in the timber house market, the production of building elements is becoming increasingly industrialized and automated. HOMAG is the right partner for [...] industry.” As a result of the acquisition, the HOMAG product range covers a good 70% of the process chain in the production of glued laminated timber elements. HOMAG has pooled all activities in the solid wood [...] future. We are confident that HOMAG is exactly the right partner for this,” explained the previous majority shareholder Otto Christensen. “We look forward to working with HOMAG to expand our position in the

Furniture Production

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 Headquarters [...] Contact ContactFinder ServiceFinder 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 [...] 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

HOMAG Group responding to muted demand

Package of measures adopted to reduce capacity and boost efficiency Schopfloch, November 7, 2023. The HOMAG Group is responding to its significantly lower order intake in the first nine months of 2023 by adopting [...] package of measures to adjust capacity and discussed these with the employee representatives.” The HOMAG Group plans to cut just under 600 jobs worldwide and expects this to produce savings of around EUR [...] operational reasons are currently not planned but cannot be ruled out. In addition to reducing jobs, the HOMAG Group also plans to make use of other flexibilization instruments such as the reduction of working-hour

Best possibly way to manage the diversity of materials in cutting

been an active HOMAG pilot customer many times. The most recent case was the introduction of a new digital HOMAG assistant called materialManager Advanced . "Our contact person from HOMAG panel dividing [...] put a new saw-storage combination into operation." This consists of the HOMAG SAWTEQ B-300 horizontal panel dividing saw and the HOMAG STORETEQ S-200 automatic storage system. This system stores between 700 [...] enjoyed the latter in collaboration with HOMAG for many years. "We regularly look at other suppliers and their products, but have always remained loyal to HOMAG. There are a number of reasons for this.