Homag Group AG
HOMAG Group aims to reach the one billion euro mark in sales revenue in 2015
DGAP-News: Homag Group AG / Key word(s): 9-month figures HOMAG Group aims to reach the one billion euro mark in sales revenue in 2015 Schopfloch, November 5, 2015. HOMAG Group AG, the world’s leading manufacturer of plant and machinery for the woodworking industry and for cabinet makers, has held its good course steady through the third quarter of 2015. The Dürr Group affiliate grew its order intake between July and September 2015 by about 11 percent to EUR 257.2 million (prior year: EUR 231.4 million). Sales revenue increased a good 12 percent to EUR 259.8 million (prior year: EUR 231.4 million). In the first nine months of 2015, the HOMAG Group was able to boost its order intake by almost 11 percent to EUR 814.7 million (prior year: EUR 735.0 million) while sales revenue increased more than 15 percent to EUR 763.9 million (prior year: EUR 661.9 million). “Our performance in North America and Western Europe was particularly good,” CEO Pekka Paasivaara explains. The HOMAG Group has revised its forecast for the full twelve months of 2015 upward, and now aims to break the one billion euro mark in both order intake and sales revenue (previous forecast: order intake of between EUR 940 and 960 million, sales revenue of between EUR 950 and 970 million). As Pekka Paasivaara points out: “This means that for the first time in the Company’s 55-year history, we are looking to generate sales revenue of more than one billion euro.” The HOMAG Group changed stock exchange segments in July 2015 and is since listed on the Entry Standard of the Open Market. Owing to the transparency requirements applicable in that segment, the Company no longer publishes reports for the first and third quarters, but instead issues a press release disclosing order intake and sales revenue only. In addition, the HOMAG Group exercises the exempting option of Sec. 291 HGB [“Handelsgesetzbuch”: German Commercial Code] and will no longer publish consolidated financial statements beginning in fiscal year 2015. – – – – – – – – – – – – – – – – – — – – Disclaimer Further information: HOMAG Group AG 2015-11-05 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
408711 2015-11-05 |