The Homag Group reported first-half 2026 order intake of Euro 634 million, a 7% decrease from Euro 683 million in the same period last year, driven by persistently weak customer demand and a backlog of investments among furniture manufacturers.
Sales declined by approximately 9% to Euro 626 million in the first half of 2026, compared with Euro 687 million in the prior-year period. EBIT before extraordinary effects amounted to Euro 25.0 million, down from Euro 28.3 million a year earlier.
The EBIT margin improved in the second quarter compared with the prior-year period and remained virtually constant at 4.0% for the first half, compared with 4.1% in the 1H 2025. The company stated it is benefiting from cost-reduction measures already implemented and from conscious cost management.
As of June 30, 2026, the order backlog stood at Euro 726 million, in line with the prior-year level of Euro 734 million.
Looking ahead, the company stated it continues to see no sign of a significant recovery in customer demand, with the backlog of investments among furniture manufacturers affecting the entire industry.
The Homag Group is the world's leading provider of integrated solutions for production in the woodworking industry and woodworking shops.