DGAP-News
The HOMAG Group reports good order situation - Seite 2
connection with project processing and LIGNA preparations. Additionally,
elimination of intercompany profits was higher in connection with the
rising stocks in the first quarter of 2013. This burdening effect on
earnings will be compensated for to a large extent in the coming quarters.
As a result, operative EBITDA before employee profit participation expenses
and before extraordinary expenses stood at EUR 13.4 million (prior year:
EUR 16.7 million) and EBT after employee profit participation expenses and
after extraordinary expenses at EUR 3.6 million (prior year: EUR 6.8
million). The net profit for the period after non-controlling interests
came to EUR 1.8 million (prior year: EUR 3.2 million), and leads to
earnings per share of EUR 0.12 (prior year: EUR 0.21).
Outlook
The HOMAG Group confirms their forecast so far for 2013. Subject to the
condition that there are no major disruptions in the global economy, the
Group aims to exceed the prior-year order intake figure and generate sales
revenue for the Group of around EUR 800 million in 2013. The Group
anticipates an operative EBITDA before employee profit participation
expenses and before extraordinary expenses of around EUR 75 million and
expects to return a consolidated net profit for the year of around EUR 15
million.
Dr. Markus Flik: 'We are convinced that we will be able to compensate for
the decrease in sales revenue and earnings in the first quarter of 2013
compared to the prior year over the remainder of the year. We are confident
about the future thanks to the good order intake and the high order backlog
as well as the positive results of LIGNA, the leading trade fair in the
industry.'
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Background information
With its 15 specialized production companies, 21 group sales and service
companies and approximately 60 exclusive sales partners worldwide, HOMAG
Group AG's position as a complete system supplier is unique. Backed by a
workforce of some 5,000 employees worldwide, the Company sees itself as the
leading global manufacturer of plant and machinery for the woodworking and
wood materials processing industry and cabinet makers active in the
production of furniture and construction elements as well as timber frame
houses. The Group also offers its customers a wide range of services,
including software and consulting services. HOMAG Group AG shares have been
listed on the Prime Standard of the Frankfurt stock exchange since July 13,
2007.
Disclaimers
This press release contains certain statements relating to the future.
Future-oriented statements are all those statements that do not pertain to
the decrease in sales revenue and earnings in the first quarter of 2013
compared to the prior year over the remainder of the year. We are confident
about the future thanks to the good order intake and the high order backlog
as well as the positive results of LIGNA, the leading trade fair in the
industry.'
- - - - - - - - - -
Background information
With its 15 specialized production companies, 21 group sales and service
companies and approximately 60 exclusive sales partners worldwide, HOMAG
Group AG's position as a complete system supplier is unique. Backed by a
workforce of some 5,000 employees worldwide, the Company sees itself as the
leading global manufacturer of plant and machinery for the woodworking and
wood materials processing industry and cabinet makers active in the
production of furniture and construction elements as well as timber frame
houses. The Group also offers its customers a wide range of services,
including software and consulting services. HOMAG Group AG shares have been
listed on the Prime Standard of the Frankfurt stock exchange since July 13,
2007.
Disclaimers
This press release contains certain statements relating to the future.
Future-oriented statements are all those statements that do not pertain to
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