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 service business. There are still no signs of a market recovery at present.
The HOMAG Group’s order intake increased by four percent to EUR 391 million in the first three months of 2025 (previous year: EUR 377 million). “We recorded a slight upward trend in orders for individual machines,” explains CEO Dr. Daniel Schmitt. “However, the market situation remains challenging and we do not yet see a significant recovery.” The order backlog had decreased to EUR 814 million as of March 31, 2025 (March 31, 2024: EUR 871 million).
Sales decreased slightly compared to the previous year to EUR 335 million (previous year: EUR 347 million). EBIT before extraordinary effects increased by 25 percent to EUR 13.5 million (previous year: EUR 10.8 million). In addition to the cost savings resulting from the staff reductions completed in the previous year, the favorable development of the service business also had a positive impact in this regard. The number of employees was reduced to 6,665 as of March 31, 2025 (March 31, 2024: 7,097 employees).
Dr. Schmitt is optimistic about the world’s leading industry trade fair, LIGNA, which will be held in Hanover at the end of May: “At LIGNA, we will present our comprehensive portfolio, which is unique in the market, and underline our position as market and technology leader.”
