The operations of HOMAG Group AG, the world's leading manufacturer of plant and machinery for the woodworking industry and cabinet makers, were a success in 2011, and developed better than forecast, based on preliminary figures.
"We were proactive in 2011 and were able to raise our sales revenue in all four quarters, despite the uncertainty in financial markets," CEO Dr. Markus Flik emphasizes. "We took on the challenges and, thanks to a good fourth quarter and our increased productivity, we were even able to exceed our forecast sales revenue and operating result."
According to the preliminary figures, order intake
"We were proactive in 2011 and were able to raise our sales revenue in all four quarters, despite the uncertainty in financial markets," CEO Dr. Markus Flik emphasizes. "We took on the challenges and, thanks to a good fourth quarter and our increased productivity, we were even able to exceed our forecast sales revenue and operating result."
According to the preliminary figures, order intake
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