HOMAG Group AG Announces Earnings Results for the Full Year of Fiscal 2014; Provides Earnings Guidance for the Full Year of Fiscal 2015
The company provided earnings guidance for the full year of fiscal 2015. The company aims to grow further and in particular significantly raise net profit for the fiscal year 2015. The company anticipates an increase in net profit for the year of around 70% to between EUR 31 million and EUR 33 million. The company expects sales revenue to between EUR 950 million and EUR 970 million. Operative EBITDA before employee profit participation expenses and before extraordinary expenses is expected to increase to between EUR 95 million and EUR 97 million.