GERMANY –   Homag Group posted a strong increase in earnings during the first nine months of 2025, supported by cost-reduction measures, despite continued weakness in the global furniture industry.

Order intake fell 9% to EUR 938 million, reflecting delayed investment decisions amid market uncertainty and trade-related disruptions.

CEO Dr. Daniel Schmitt noted that, while the furniture sector remains subdued, demand for timber-house production systems continues to recover, with more projects being awarded after years of stagnation.

Sales edged down to EUR 1,026 million from EUR 1,055 million. However, EBIT rose 53.8% to EUR 46.6 million, driven mainly by personnel-related cost savings and modest growth in the service business.

Dr. Schmitt said the company has “significantly increased its earnings resilience,” positioning Homag to return to profitable growth once demand improves. The workforce declined to 6,579 employees as of September 30, 2025, compared with 6,875 a year earlier.

Homag is a global leader in integrated production solutions for the woodworking industry.