HOMAG Group AG, the world’s leading manufacturer of plant and machinery for the woodworking industry and for cabinetmakers, saw a 16 percent sales revenue rise in sales in 2015.
The Dürr Group affiliate grew its order intake by roughly 16 percent to €1,058 million in 2015 (prior year: €911 million). For the first time in the company's history, sales revenue broke the billion mark, up almost 14 percent to €1,039 million (prior year: € 915 million).
“In the past fiscal year, we were very successful in North America, but we were also able to grow in western Europe”, says CEO Pekka Paasivaara. “We have thus continued our growth path, and we have exceeded the billion euro sales threshold one year earlier than planned.”
At the industry's leading trade fair LIGNA and at the company's in-house exhibitions, the HOMAG Group showcased numerous innovations that it says were well received. In the field of panel dividing technology, for instance, the company presented a unique innovation worldwide in the form of a dividing cell for bespoke cutting that is fully automated and efficient, yet extremely flexible. This allows a substantial increase in productivity.
Targeting window manufacturing specifically, the company unveiled a new machine that can fully process all components, from arch elements and round windows through to doors and conservatory elements.
As of December 31, 2015, the HOMAG Group had 5,906 employees. The company has expanded its headcount mainly at its overseas production companies in India and Poland as well as in its service and sales organization in the United States.
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