Despite the continuing challenging market environment, the HOMAG Group achieved its highest quarterly earnings of the year to date in the third quarter of 2026. Cost reductions implemented in recent years drove this result and strengthened the company’s resilience amid subdued demand from the furniture industry. Order intake and sales in the first nine months were below the prior-year figures. In the third quarter, order intake increased slightly year on year.
EBIT before special effects reached EUR 19 million in the third quarter, exceeding the figures for both preceding quarters. The corresponding margin was 5.7 percent in the third quarter. In the first nine months, EBIT before special effects amounted to EUR 43.6 million (previous year: EUR 53.2 million), corresponding to an EBIT margin of 4.5 percent (previous year: 5.1 percent). HOMAG expects further improvements in the fourth quarter. These are expected to bring the full-year margin within the target range of 5.0 to 6.5 percent.
Order intake reached EUR 923 million in the first nine months (previous year: EUR 960 million), representing a slight decline of 4 percent. Sales decreased by 8 percent to EUR 966 million (previous year: EUR 1,045 million).
CEO Dr. Daniel Schmitt explains: “We continue to see a subdued economic environment in the furniture industry. The outlook is better in automated production technology for timber houses. Our cost-cutting measures are taking effect and have made HOMAG significantly more resilient. This enables us to achieve our earnings targets and continue investing even under difficult market conditions.”
At EUR 677 million as of September 30, 2026, the order backlog was slightly above the prior-year level (September 30, 2025: EUR 651 million). The number of employees decreased to 6,654 as of September 30, 2026 (September 30, 2025: 6,880 employees).
