Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last €34.70 EUR
Change Today 0.00 / 0.00%
Volume 2.0K
HG1 On Other Exchanges
As of 4:21 AM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

homag group ag (HG1) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/3/15 - €38.60
52 Week Low
10/17/14 - €26.20
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for HOMAG GROUP AG (HG1)

Related News

No related news articles were found.

homag group ag (HG1) Related Businessweek News

No Related Businessweek News Found

homag group ag (HG1) Details

Homag Group AG manufactures and sells plant and machinery for woodworking industry and cabinet makers worldwide. The company operates through Industry, Cabinet Shops, Sales & Service, and Other segments. It provides machines for the panel production, sawing, surface, drilling, mounting of fittings, sizing and edge banding, CNC processing centers, beam processing, production of structural elements, timber frame house construction, handling, packaging, and assembly technology applications, as well as offers used machines. The company also develops and sells software; and provides consulting services for woodworking and wood materials processing industry and cabinet makers. In addition, it provides various services, such as installation, maintenance, and repair of machines and plants; teleservicing, Internet-based spare parts management, production support, and 24 hour servicing; and trade-specific organizational, technical, and commercial consulting services. The company was founded in 1960 and is based in Schopfloch, Germany. As of October 7, 2014, HOMAG Group AG operates as a subsidiary of Dürr Technologies GmbH.

5,730 Employees
Last Reported Date: 08/4/15
Founded in 1960

homag group ag (HG1) Top Compensated Officers

Head of Production, Materials Management, Qua...
Total Annual Compensation: €667.0K
Head of Sales Service & Marketing and Member ...
Total Annual Compensation: €711.0K
Compensation as of Fiscal Year 2014.

homag group ag (HG1) Key Developments

HOMAG Group AG Announces Management Changes

With effect as of August 31, 2015, Ralph Heuwing is stepping down as planned from HOMAG Group AG's management board, on which he has served as CEO since December 2014. Pekka Paasivaara, who had served as joint-CEO together with Heuwing since June 15, 2015, is thus taking over as sole CEO of HOMAG Group AG with effect as of September 1, 2015. Going forward, Ralph Heuwing will resharpen his focus on his role as CFO of Dürr AG. In addition, he will join the supervisory board of HOMAG Group AG and take over its chairmanship from Ralf W. Dieter, CEO of Dürr AG. Ralf W. Dieter will, however, remain on the HOMAG Group's supervisory board.

HOMAG Group AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Full Year of 2015

HOMAG Group AG reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, sales revenue was EUR 249.8 million against EUR 225.8 million a year ago. EBIT was EUR 9.6 million against EUR 8.9 million a year ago. Net profit for the period (after non-controlling interests) was EUR 6.5 million against EUR 4.9 million a year ago. For the six months, sales revenue was EUR 504.1 million against EUR 430.5 million a year ago. EBIT was EUR 21.0 million against EUR 14.6 million a year ago. Net profit for the period (after non-controlling interests) was EUR 10.6 million against EUR 7.4 million a year ago. The company confirms its guidance for 2015 and anticipates order intake between EUR 940 million and EUR 960 million. The Group intends to generate sales revenue between EUR 950 million and EUR 970 million and raise EBIT to between EUR 53 million and EUR 55 million. The Group expects to return a net profit for the year ranging between EUR 31 million and EUR 33 million.

HOMAG Group AG Announces Management Changes

HOMAG Group AG in its Supervisory Board meeting held on June 15, 2015, appointed Pekka Paasivaara as chief executive officer with immediate effect. Together with Ralph Heuwing, who will be Co-CEO during a transition period until September 15, 2015, and the management board team, Paasivaara will drive the strategic reorientation of the HOMAG Group. Ralph Heuwing, who also serves as chief financial officer at Durr AG, is to join the supervisory board on September 15, 2015, and take over its chair from Ralf W. Dieter, chairman of the board of management at Durr AG. Ralf W. Dieter will remain a member of the HOMAG Group's supervisory board. In addition, the contract of management board member and head of sales Jurgen Kuppel will be extended by a further three years.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HG1:GR €34.70 EUR 0.00

HG1 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Biesse SpA €14.20 EUR +0.20
View Industry Companies

Industry Analysis


Industry Average

Valuation HG1 Industry Range
Price/Earnings 26.0x
Price/Sales 0.6x
Price/Book 3.0x
Price/Cash Flow 10.8x
TEV/Sales 0.5x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HOMAG GROUP AG, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at