DGAP-News

Following a strong 2014, the HOMAG Group to become significantly more profitable in 2015 - Seite 2

between EUR 950 million and EUR 970 million (prior year: EUR 914.8
million). Operative EBITDA before employee profit participation expenses
and before extraordinary expenses is expected to increase to between EUR 95
million and EUR 97 million (prior year: EUR 93.2 million). In these
forecasts, the management board does not expect the economic environment to
deteriorate significantly.

The HOMAG Group also announced the planned dividends for fiscal 2014.
According to the announcement, the management board and the supervisory
board will propose an increase in the dividend from EUR 0.35 to EUR 0.40
per share to the annual general meeting on May 8, 2015.

Fiscal year 2014
The Group also confirmed the previously published provisional figures for
fiscal 2014. The HOMAG Group was able to increase its sales revenue by
around 16 percent to EUR 914.8 million (prior year: EUR 788.8 million).
Just over half of this growth stems from the US sales and service company
Stiles Machinery, Inc., which was taken over by the HOMAG Group at the
beginning of 2014. Order intake, which was not affected by the acquisition
of Stiles as it does not include the merchandise of the sales companies or
their margins, rose by 9.3 percent to EUR 802.6 million (prior year: EUR
734.3 million). The Group's order backlog reached a record year-end high of
EUR 307.3 million as of December 31, 2014 (prior year: EUR 207.6 million).

Outpacing sales revenue growth, operative EBITDA before employee profit
participation expenses and before extraordinary expenses of the HOMAG Group
was up 23.0 percent to EUR 93.2 million (prior year: EUR 75.8 million). The
net profit after non-controlling interests rose slightly to EUR 18.9
million (prior year: EUR 18.4 million). This was due to some negative
special effects, which were above all attributable to the acquisition of
Stiles. Net liabilities to banks were reduced by around 59 percent to EUR
28.5 million as of December 31, 2014 (prior year: EUR 69.2 million).

The HOMAG Group's headcount increased to 5,606 employees as of December 31,
2014 (prior year: 5,064 employees). This includes 329 employees from Stiles
Machinery Inc., which was taken over in the fiscal year. The main increases
in headcount were seen at the foreign production companies in Poland and
China.

Ralph Heuwing draws a positive conclusion regarding fiscal 2014: "We have