In the Q1 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.

Machinery

Homag Group’s Q1 sales decreased to Euro 335 million

Homag Group’s Q1 sales decreased to Euro 335 million

Image: The HOMAG Group

The HOMAG Group’s order intake increased by 4% to Euro 391 million in the first three months of 2025 (previous year: Euro 377 million). The order backlog had decreased to Euro 814 million as of March 31, 2025.

“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.”

Sales decreased slightly compared to the previous year to Euro 335 million, compared to Euro 347 million in Q1 2024.

EBIT before extraordinary effects increased by 25% to Euro 13.5 million (previous year: Euro 10.8 million).

The HOMAG Group is the world's leading provider of integrated solutions for production in the woodworking industry and woodworking shops.