The HOMAG Group Reports Good Order Intake in 1Q 2013

May 22, 2013 | Fabricantes Tableros | 0 comments

GERMANY (Notifix).- The HOMAG Group, the world’s leading machinery manufacturer for the woodworking industry and for cabinet makers, was able to significantly increase order intake by nearly 7 percent to EUR 182.3 million in the first quarter of 2013 (prior year: EUR 170.6 million), contrary to the industry trend.

CEO Dr. Markus Flik explains: “This good order intake is even more remarkable considering the recently held LIGNA, the leading trade fair in the industry, as many of our customers typically wait until after LIGNA to make investment decisions.” The order backlog reached EUR 230.9 million as of March 31, 2013 (prior year: EUR 208.9 million) the highest first-quarter figure since 2008, mainly because of numerous complex projects were in an early phase of processing at the end of the quarter, among other factors.

 

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