DGAP-News

HOMAG Group aims to reach the one billion euro mark in sales revenue in 2015

DGAP-News: Homag Group AG / Key word(s): 9-month figures
HOMAG Group aims to reach the one billion euro mark in sales revenue
in 2015

05.11.2015 / 08:02

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HOMAG Group aims to reach the one billion euro mark in sales revenue in
2015

Double-digit growth in order intake and sales revenue in third quarter of
2015

Schopfloch, November 5, 2015. HOMAG Group AG, the world's leading
manufacturer of plant and machinery for the woodworking industry and for
cabinet makers, has held its good course steady through the third quarter
of 2015. The Dürr Group affiliate grew its order intake between July and
September 2015 by about 11 percent to EUR 257.2 million (prior year: EUR
231.4 million). Sales revenue increased a good 12 percent to EUR 259.8
million (prior year: EUR 231.4 million).

In the first nine months of 2015, the HOMAG Group was able to boost its
order intake by almost 11 percent to EUR 814.7 million (prior year: EUR
735.0 million) while sales revenue increased more than 15 percent to EUR
763.9 million (prior year: EUR 661.9 million). "Our performance in North
America and Western Europe was particularly good," CEO Pekka Paasivaara
explains.

The HOMAG Group has revised its forecast for the full twelve months of 2015
upward, and now aims to break the one billion euro mark in both order
intake and sales revenue (previous forecast: order intake of between EUR
940 and 960 million, sales revenue of between EUR 950 and 970 million). As
Pekka Paasivaara points out: "This means that for the first time in the
Company's 55-year history, we are looking to generate sales revenue of more
than one billion euro."

The HOMAG Group changed stock exchange segments in July 2015 and is since
listed on the Entry Standard of the Open Market. Owing to the transparency
requirements applicable in that segment, the Company no longer publishes
reports for the first and third quarters, but instead issues a press
release disclosing order intake and sales revenue only. In addition, the
HOMAG Group exercises the exempting option of Sec. 291 HGB
["Handelsgesetzbuch": German Commercial Code] and will no longer publish
consolidated financial statements beginning in fiscal year 2015.

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Company background
With its 15 specialized production companies, 23 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 5,700 employees, 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. Since October 2014, the HOMAG Group AG
has been part of the Dürr Group.

Disclaimer
This press release contains certain statements relating to the future.
Futureoriented statements are all those statements that do not pertain to
historical facts and events or expressions pertaining to the future such as
"believes", "estimates", "assumes", "forecasts", "intend", "may", "will",
"should" or similar expressions. Such future-oriented statements are
subject to risks and uncertainty since they relate to future events and are
based on current assumptions of the Company, which may not occur in the
future or may not occur in the anticipated form. The Company points out
that such future-oriented statements do not guarantee the future; actual
results including the financial position and the profitability of the HOMAG
Group as well as the development of economic and regulatory framework
conditions may deviate significantly (and prove unfavorable) from what is
expressly or implicitly assumed or described in these statements. Even if
the actual results of the HOMAG Group including the financial position and
profitability as well as the economic and regulatory framework conditions
should coincide with the future-oriented statements in this press release,
it cannot be guaranteed that the same will hold true in the future.

Further information:

HOMAG Group AG
Kai Knitter
Head of Corporate Communication & Investor Relations
Phone: [phone]
[e-mail]
www.homag-group.com



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408711 05.11.2015