HOMAG Group gets off to a successful start in 2012
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GERMANY (Notifix).- Homag Group AG, the world's leading manufacturer of machinery and complete solutions for the woodworking industry reported that it had a successful first quarter 2012. Sales revenue rose by about 7 percent, reaching EUR 187.7 million (prior year: EUR 175.6 million). "The further increase in productivity is evidenced by the significant improvement in earnings indicators," CFO Hans-Dieter Schumacher explains. Accordingly, operative EBITDA before employee participation expenses and before extraordinary expenses, increased by 14 percent to EUR 16.7 million (prior year: EUR 14.6 million) and the net profit for the period came to EUR 3.2 million (2011: EUR 1.5 million).Grupo Homag, Evolución de las ventas