Homag expects 2012 turnover to reach roughly €750m

Organic growth to enjoy priority over acquisitions

Homag Group AG, Schopfloch, Germany, has budgeted turnover for 2012 of €750m. Compared to 2011, when turnover growth of 11.3% to €798.7m (2010: 717.7m) was achieved, this would represent a decline. However, 2011 was influenced by turnover from the big Mekran project in Russia, for which €49m of the total volume ...

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