The Homag Group significantly improved its earnings in the first half of 2025. The main factors behind this were cost reductions and a modestly growing service business. Order intake and sales were slightly below last year’s figures. The expected market recovery in the business with the furniture industry has not yet materialized.
“We are still operating in a challenging market environment in the furniture sector, where tariff disputes are adding to uncertainty among customers. Recently they have tended to postpone their investments,” explains CEO Dr. Daniel Schmitt. Accordingly, the Homag Group’s order intake declined slightly to Euro 671 million in the first six months of 2025 (previous year: Euro 699 million). The weaker furniture sector has been offset by the positive development of business with production plants for timber house construction, continuing the previous year's upward trend. The order backlog of the Homag Group decreased to Euro 724 million as of June 30, 2025.
Sales dropped to Euro 674 million in the first half of 2025 (previous year: Euro 706 million). EBIT before extraordinary effects increased by 36% to Euro 29.2 million.
The Homag Group is the world's leading provider of integrated solutions for production in the woodworking industry and woodworking shops.
Earnings improved in the first half of the year, but there are still no signs of a market recovery.
Homag Group sales down 4.5% in H1 2025
Image: Homag Group
