HOMAG Group remains robust in a challenging market environment

The challenging market environment continues to hold back investment in the furniture industry. In the first six months of the year, the German group recorded a 7 percent decline in order intake and a 9 percent decrease in sales, while profitability remained broadly stable.

The market for woodworking and furniture production technologies continues to be affected by weak demand. In the first half of 2026, Homag Group recorded a decline in both order intake and sales compared with the same period of the previous year, against a backdrop that the company continues to describe as particularly challenging.
Between January and June, order intake amounted to €634 million, representing a decline of approximately 7 percent compared with €683 million in the first half of 2025.
“We continue to see no signs of a significant recovery in customer demand,” explained Daniel Schmitt, Chief Executive Officer of Homag Group. “The postponement of investments by furniture manufacturers is affecting the entire industry.”

As of June 30, 2026, the group’s order backlog amounted to €726 million, a figure broadly in line with the €734 million recorded on the same date in 2025.
Sales were also affected by the market situation. In the first six months of the year, revenue decreased by approximately 9 percent, falling from €687 million in 2025 to €626 million.
EBIT before extraordinary effects amounted to €25 million, compared with €28.3 million in the same period of the previous year. The EBIT margin nevertheless remained broadly stable, moving from 4.1 to 4 percent, also thanks to the improvement recorded during the second quarter.
“In terms of profitability, we are benefiting from the cost-reduction measures already implemented and from particularly careful cost management,” Schmitt added.

At the end of June 2026, Homag Group employed 6,697 people, down from 6,928 in the same period of 2025.