Apr 21, 2016. /Lesprom Network/. Homag Group AG, the manufacturer of plant and machinery for the woodworking industry and for cabinet makers, substantially raised its order intake and sales revenue in fiscal year 2015. The Dürr Group affiliate grew its order intake by roughly 16% to Euro 1,058 million in 2015 (prior year: Euro 911 million). For the first time in the company's history, sales revenue broke the billion mark, up almost 14% to Euro 1,039 million (prior year: Euro 915 million).“In the past fiscal year, we were very successful in North America, but we were also able to grow in western Europe”, says CEO Pekka Paasivaara. “We have thus continued our growth path, and we have exceeded the billion euro sales threshold one year earlier than planned.”At the industry's leading trade fair Ligna and at the company's in-house exhibitions, the Homag Group showcased numerous innovations that were well received by customers. In the field of panel dividing technology, for instance, the company presented a unique innovation worldwide in the form of a dividing cell for bespoke cutting that is fully automated and efficient, yet extremely flexible. This allows a substantial increase in productivity. Targeting window manufacturing specifically,
the company unveiled a new machine that can fully process all components, from arch elements and round windows through to doors and conservatory elements.As of December 31, 2015, the Homag Group had 5,906 employees (prior year: 5,659). The company has expanded its headcount mainly at its overseas production companies in India and Poland as well as in its service and sales organization in the United States. Looking at 2016, the Homag Group expects order intake and sales revenue to grow slightly and remain within the corridor of Euro 1,000 million to Euro 1,100 million.
“In the past fiscal year, we were very successful in North America, but we were also able to grow in western Europe”, says CEO Pekka Paasivaara.
