Brief: Homag Group H1 Operating EBIT Down At EUR 10.7 Mln

Homag AG

06/08/2020 08:59

Aug 6 (Reuters) - HOMAG GROUP AG  HG1G.F :
    * H1 SALES DECREASED BY 13% TO EUR 552 MILLION (PREVIOUS
YEAR: EUR
637 MILLION)
    * IN THE FIRST HALF OF 2020, THE HOMAG GROUP ACHIEVED AN
OPERATING
EBIT OF EUR 10.7 MILLION (PREVIOUS YEAR: EUR 39.4 MILLION)
    * H1 ORDER BACKLOG AT EUR 480 MILLION
    * REMAINING 24% OF SHARES IN WEINMANN HOLZBAUSYSTEMTECHNIK
GMBH,
EXPERT FOR TIMBER CONSTRUCTION IN THE GROUP, WERE ALSO ACQUIRED

Source text for Eikon:  ID:nFWN2F80EQ 
Further company coverage:  HG1G.F 

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