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DGAP-News: Homag Group AG / Key word(s): Quarter Results HOMAG Group reports a good order situation

12.11.2013 / 07:00

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HOMAG Group reports a good order situation

- Order intake increased by 14 percent in the third quarter - Further improvement in operating performance and results of operations - Forecasts for 2013 confirmed

EUR million Q3 2013 Q3 2012 Order intake 142.1 124.9 Order backlog 229.4 218.5 Sales revenue 202.9 195.5 Operative EBITDA* 24.5 21.5 EBT** 10.9 9.9 Net profit for the period after 6.6 5.7 non-controlling interests

*Earnings before interest, taxes, depreciation and amortization and before employee participation and before extraordinary expenses **Earnings before taxes after employee participation and after extraordinary expenses

Schopfloch, November 12, 2013. 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 around 14 percent to EUR 142.1 million in the third quarter of 2013 (prior year: EUR 124.9 million). CEO Dr. Markus Flik attributed the highest figure recorded in a third quarter since 2007 to the positive results of LIGNA in May, among other factors: 'We were able to convince customers with our innovations there. This is now reflected in our strong order intake, which also benefited from our global presence in all markets.' The order backlog of the global market leader rose to EUR 229.4 million as of September 30, 2013 (prior year: EUR 218.5 million) and sales revenue increased by 4 percent to EUR 202.9 million (prior year: EUR 195.5 million).

Outpacing sales revenue, operative EBITDA before employee participation expenses and before extraordinary expenses was up 14 percent to EUR 24.5 million (prior year: EUR 21.5 million). 'This above-trend increase is mainly attributable to our further increased productivity, which is also reflected in the decrease in the ratio of personnel expenses to total operating performance,' emphasizes CFO Hans-Dieter Schumacher. EBT after employee participation expenses and after extraordinary expenses rose to EUR 10.9 million (prior year: EUR 9.9 million). The decrease in the tax expense ratio to 37 percent (prior year: 46 percent) leads to a net profit for the period after non-controlling interests of EUR 6.6 million (prior year: net profit of EUR 5.7 million). This results in earnings per share of EUR 0.42 (prior year: EUR 0.36).

As of September 30, 2013, the HOMAG Group had 5,062 employees (prior year: 5,085 employees).

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PRESS RELEASE: HOMAG Group reports a good order situation