Homag sees no signs of market recovery despite stronger earnings in H1 2025
Homag Group reported improved earnings for the first half of 2025, driven by cost reductions and a stable service business, but confirmed that a long-awaited recovery in the global furniture manufacturing sector has yet to materialize. The German machinery manufacturer posted EBIT before extraordinary effects of EUR 29.2 million in H1 2025, up 36% from EUR 21.5 million in the same period last year. However, both order intake and sales slipped slightly, reflecting continued weakness in core markets. Order intake declined to EUR 671 million from EUR 699 million in H1 2024, while ...
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