HOMAG Group holds its own in the first quarter of 2026 in a challenging market environment

Schopfloch, May 12, 2026. The HOMAG Group’s first quarter of 2026 reflects the continuing subdued economic environment in the furniture industry. The business with automated production technology for timber houses, by contrast, continued to perform well.

Against this backdrop, the HOMAG Group achieved a robust order intake of €370 million in the first three months, which was around seven per cent below the high previous year’s figure (€397 million). “We are still noticing a restraint in demand among customers from the furniture sector,” explains CEO Dr. Daniel Schmitt. “Investments in this area are being put off further and further. It is currently impossible to predict when this investment backlog will be resolved.” As of March 31, 2026, the orders on hand stood at €801 million, remaining virtually unchanged from the previous year (March 31, 2025: €825 million).

Sales declined by around nine per cent to €310 million in the first quarter of 2026 (previous year: €341 million) due to low order intake resulting from the tariff conflicts in the second and third quarters of 2025. The decline in EBIT before extraordinary effects to €9.5 million (previous year: €12.9 million) was characterized by lower levels of sales, planned one-off costs for a conversion in the IT sector, and higher research and development costs. In the coming quarters, HOMAG expects to see improvements in sales and earnings compared to the opening quarter. The number of employees was reduced to 6,712 as of March 31, 2026 (March 31, 2025: 6,979 employees).

Company Background
The HOMAG Group is the world's leading provider of integrated solutions for production in the woodworking industry and woodworking shops. Its 13 specialized production sites, about 20 Group-owned sales and service companies, and approximately 60 exclusive sales partners worldwide make the company a unique system provider. Backed by a workforce of around 6,500 employees the HOMAG Group offers its customers solutions for digitized production, based on digital data continuity from point of sale through the entire production process, combined with a comprehensive software suite. In addition, the open ecosystem “tapio” (open Internet-of-Things platform) maps the data flow along the entire value chain of the timber industry. The HOMAG Group has been majority-owned by the Dürr Group since October 2014.

Disclaimer
This press release contains certain statements relating to the future. Future oriented statements are all those statements that do not pertain to historical facts and events or expressions pertaining to the future such as “believes”, “estimates”, “assumes”, “forecasts”, “intend”, “may”, “will”, “should” or similar expressions. Such future-oriented statements are subject to risks and uncertainty since they relate to future events and are based on current assumptions of the Company, which may not occur in the future or may not occur in the anticipated form. The Company points out that such future-oriented statements do not guarantee the future; actual results including the financial position and the profitability of the HOMAG Group as well as the development of economic and regulatory framework conditions may deviate significantly (and prove unfavorable) from what is expressly or implicitly assumed or described in these statements. Even if the actual results of the HOMAG Group including the financial position and profitability as well as the economic and regulatory framework conditions should coincide with the future-oriented statements in this press release, it cannot be guaranteed that the same will hold true in the future.