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Homag's FY 2019 sales decreased by 1.5%

HOMAG, sales, decline, EBIT

In the 2019 financial year, the Homag Group sales summed up to Euro 1,279 million, compared to Euro 1,298 million in the previous year. The order backlog was worth Euro 546 million as of December 31, 2019, and incoming orders reduced significantly to Euro 1,220 million. The EBIT is marked by the one-off-expenses put in place to support the …

Editor’s pickHOMAG at XYLEXPO 2020: Production in the digital age

HOMAG, Xylexpo 2020, digital production, technology, edgebanding, sorting, panel processing, surface finishing, life cycle services, sanding, saw, CNC

  HOMAG will once again be showcasing its extensive range of products and services to customers at the XYLEXPO trade fair (Hall 3 // booth G01). The booth's main theme will be the organisation of woodworking shops in the digital age, with a focus on practical solutions that make everyday work easier for carpenters and joiners and increase …

Homag appoints Rainer Gausepohl as new CFO

CFO, HOMAG, Franz Peter Matheis, Rainer Gausepohl

CFO Franz Peter Matheis will leave the Executive Board of Homag Group AG at his own request on February 29, 2020 to seek new professional challenges outside the group. Mr. Matheis has been a member of the Executive Board of Homag Group AG since 2015 and was previously Commercial Director of Schenck RoTec GmbH, Darmstadt, which also belongs to the …

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