Homag Group AG / Miscellaneous 09.11.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Incoming orders above expectation for Q3 2009 - In-house exhibitions return positive feedback Schopfloch, 9 November 2009. HOMAG Group AG registered incoming orders exceeding expectation during the third quarter of 2009, representing a 43 percent and 6 percent increase over the first and second quarters of 2009 respectively. These results were announced today by the Board of HOMAG Group AG as part of its presentation at the German Equity Forum in Frankfurt. 'In fact the third quarter has traditionally always been one of the weakest three-month periods, so we are particularly gratified that we have now witnessed the strongest quarter this year to date. Although we are clearly moving at a level significantly below the pre-crisis period, this confirms our assumption that the downward trend has bottomed out', comments HOMAG Group AG Board Spokesman Rolf Knoll in optimistic mode. Orders in hand for the SDAX-listed world market leader in the manufacture of machines and plants for the woodworking industry increased as at September 30, 2009 by 7 percent compared to the key date in Q2 2009 (161 million Euro). The positive outcome of the in-house exhibitions staged by the Group companies in September had already provided pointers towards a consolidation of the order situation. 'Orders received at the in-house exhibitions were actually up on those of the previous year, providing another indicator of a tangible trend towards recovery. Even through difficult times, our customers are clearly placing their reliance on our innovative products. In conjunction with our service packages, these provide the guarantee of economy in the long term and also enhanced quality. Particularly orders for plants and machines used in furniture manufacture have picked up significantly', was Rolf Knoll's comment on the success of the in-house exhibitions. 'The upbeat trend in evidence at the lead trade fair Ligna back in May has followed through to our in-house exhibitions', says Board Spokesman Rolf Knoll. The improved order situation will lead to a modest increase in capacity utilization for individual companies of the Group in the fourth quarter. Schopfloch, November 9, 2009 The Board of Management Background information With its 16 specialized production companies worldwide, 21 group-owned sales and service companies and approximately 60 exclusive sales partners, HOMAG Group AG's market position is excellent and its portfolio as a comprehensive system supplier and technology partner makes it unique. Backed by a workforce of some 5,000 employees, the Company sees itself as the leading global manufacturer for plant and machinery for the woodworking industry for the production of furniture and construction elements as well as prefabricated houses. The group also offers its customers a wide range of services in related areas for production machines and equipment. HOMAG Group AG shares have been trading on the Prime Standard of the Frankfurt Stock Exchange since July 13, 2007 and were listed on the SDAX of the German Stock Exchange on October 2007. Disclaimers 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. HOMAG Group AG Investor Relations Simone Mueller Phone: +49 7443 13-2034 simone.mueller@homag-group.com www.homag-group.com 09.11.2009 Financial News distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: Homag Group AG Homagstr. 3-5 72296 Schopfloch Deutschland Phone: +49 (0)7443 / 13 - 0 Fax: +49 (0)7443 / 13 - 2300 E-mail: info@homag-group.de Internet: www.homag-group.de ISIN: DE0005297204 WKN: 529720 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Hannover, Düsseldorf, Stuttgart, Hamburg End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Homag Group AG: Incoming orders on the way up
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