Homag Group AG

HG1

Equity

ISIN DE0005297204 / Valor 1254400

Deutsche Boerse AG (2025-03-14)

EUR 29.00%

Homag Group AG
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About company

Homag Group AG is a leading global provider of integrated solutions for the woodworking industry, offering a comprehensive range of machinery, systems, and software for digitized production. With a workforce of approximately 7,000 employees, the company operates in over 100 countries and holds an estimated global market share of over 30%. Homag's product offerings cater to both small woodworking shops and large industrial manufacturers, enabling the production of home and office furniture, kitchens, flooring, windows, doors, staircases, and prefabricated timber-frame buildings. The company collaborates with SYSTEM TM, KALLESOE, and WEINMANN to cover the entire woodworking value chain, providing seamlessly compatible solutions. Homag's high-tech machines and systems are complemented by a comprehensive software suite that ensures digital data continuity from the point of sale through the entire production process, making it a unique player in the market.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Revenue Growth in Q3 2023

Homag Group AG reported a revenue of EUR 1.625 million for the third quarter of 2023, showing a slight increase from EUR 1.602 million in the same quarter of the previous year.

Order Intake Decline in Q3 2023

The order intake for Homag Group AG in Q3 2023 was EUR 1.395 million, which represents a decrease from EUR 1.706 million in Q3 2022.

EBIT Improvement in Q3 2023

Homag Group AG's EBIT for the third quarter of 2023 was EUR 129.7 million, up from EUR 124.8 million in the same period of the previous year, indicating improved operational efficiency.

Employee Count in Q3 2023

As of December 31, 2023, Homag Group AG had 7.348 employees, a slight decrease from 7.525 employees at the end of 2022.

Overall Financial Performance in Q3 2023

Homag Group AG demonstrated a stable financial performance in the third quarter of 2023, with modest revenue growth and improved EBIT, despite a decline in order intake and a slight reduction in the workforce.

Summarized from source with an LLMView Source

Key figures

-23.3%1Y

-39.1%3Y

-17.1%5Y

Performance

10.7%1Y

16.9%3Y

19.2%5Y

Volatility