In the first nine month of 2017, the Homag Group continued its positive performance and recorded significant increases, especially in incoming orders and earnings. Group's incoming orders rose by 26%to Euro 1,079 million (previous year: Euro 858 million).

Homag Group's sales increased to Euro 901 million in the first nine months of 2017

In the first nine month of 2017, the Homag Group continued its positive performance and recorded significant increases, especially in incoming orders and earnings. The Homag Group's incoming orders rose by 26%to Euro 1,079 million (previous year: Euro 858 million). Operating EBIT rose by 47% to Euro 71.1 million, as the company said in the press release received by Lesprom Network.

CEO Pekka Paasivaara expects further growth, mainly as a result of the customer trend toward digitization and automation. By offering end-to-end solutions, the Homag Group sees itself as a long-term partner to its customers. With this in mind, the Homag Group expects 2017 to be a successful year overall, and it remains confident for 2018, not least given the high order backlog.

The Homag Group is a leading manufacturer of machines and systems for the woodworking industry and trade.