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HOMAG GmbH Homagstraße 3-5 72296 Schopfloch, Germany http://www.homag-group.de
Contact Mr Kai Knitter +49 7443 132461
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HOMAG GmbH

HOMAG Group continues on successful course with a strong second quarter of 2014

(PresseBox) (Schopfloch, )
The HOMAG Group, the world's leading manufacturer of plant and machinery for the woodworking industry and cabinet makers, has increased its order intake by nearly 20 percent to EUR 214.5 million in the second quarter of 2014 (prior year: EUR 179.2 million). At EUR 288.0 million as of June 30, 2014 (prior year: EUR 261.3 million), order backlog reached the highest level since 2008. Stiles Machinery, Inc., which was fully acquired in February 2014, was responsible for almost half of sales revenue growth of around 16 percent to EUR 225.8 million (prior year: EUR 195.3 million).

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