{"id":16687,"date":"2022-11-15T12:33:00","date_gmt":"2022-11-15T11:33:00","guid":{"rendered":"https:\/\/www.xylon.it\/2022\/11\/15\/homag-group-un-terzo-trimestre-sempre-con-il-piu-davanti\/"},"modified":"2025-03-14T14:50:52","modified_gmt":"2025-03-14T13:50:52","slug":"homag-group-un-terzo-trimestre-sempre-con-il-piu-davanti","status":"publish","type":"post","link":"https:\/\/www.xylon.it\/en\/2022\/11\/15\/homag-group-un-terzo-trimestre-sempre-con-il-piu-davanti\/","title":{"rendered":"Homag Group with significant increase in sales revenue and earnings"},"content":{"rendered":"<p>The Homag Group continues to record a <strong>positive business development<\/strong> and was able to significantly increase sales revenue and earnings in the first nine months of 2022. In the first three quarters of 2022, the Homag Group\u2019s order intake increased again slightly year-on-year by 4 percent to <strong>1,418 million euros(<\/strong>previous year: EUR 1,367 million). \u201c<em>When comparing order intake with the previous year, it must always be taken into account that 2021 was an outstanding year in terms of orders<\/em>,\u201d explains ceo Daniel Schmitt. \u201c<em>The fact that we are back at this very high level in the current fiscal year is a great success<\/em>\u201d. <br \/>\nDemand was particularly strong in North America, where the Homag Group was able to grow by <strong>around 50 percent<\/strong>. Due to the high order intake, the order backlog increased to 1,256 million euros as of September 30, 2022 (Sept. 30, 2021: 1,003 million euros).<\/p>\n<p>Sales increased by <strong>20 percent<\/strong> to 1,195 million euros (previous year: 1,000 million euros). The Homag Group was able to significantly increase its Ebit before extraordinary effects by 38 percent to 92.4 million euros (previous year: 67.1 million euros) and already reached the level of 2021 after three quarters. Daniel Schmitt: \u201c<em>The fact that we were able to increase our earnings so significantly despite the additional expenses due to <strong>supply chain problems<\/strong> is mainly due to the efficiency improvements achieved in recent years and the good service business, along with the high capacity utilization. This was also due in particular to the contributions of our employees, who mastered all the challenges with great flexibility<\/em>\u201d.<\/p>\n<p>As of September 30, 2022, the number of employees in the company had increased to 7,462 (9\/30\/2021: 7.001). The Homag Group has built up its workforce particularly in the strategically important areas of service and timber house construction. \u201c<em>We observe that the steadying of demand in the business with furniture manufacturers, which has been expected for some time, is occurring<\/em>\u201d, says Schmitt, summarizing <strong>further expectations<\/strong>. \u201c<em>However, we do not expect a slump, but a normalization at a high level. In our business with production technology for timber house construction, we expect the growth momentum to continue in view of the trend towards the construction of prefabricated climate-friendly timber houses<\/em>\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Homag Group continues to record a positive business development and was able to significantly increase sales revenue and earnings in the first nine months of 2022. In the first [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":1324,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-16687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Homag Group with significant increase in sales revenue and earnings - Xylon.it online daily newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.xylon.it\/en\/2022\/11\/15\/homag-group-un-terzo-trimestre-sempre-con-il-piu-davanti\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Homag Group with significant increase in sales revenue and earnings - Xylon.it online daily newspaper\" \/>\n<meta property=\"og:description\" content=\"The Homag Group continues to record a positive business development and was able to significantly increase sales revenue and earnings in the first nine months of 2022. 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