Homag Group faces 22% dive in order intake

Both project business and sales of individual machines weakened

Homag Group AG, based in Schopfloch, Germany, suffered a slump in order intake for the first time in a while between July and September of 2022, following dramatic growth at times over the past two years. However, Homag’s CEO, Dr Daniel Schmitt, noted that order intake had been unusually high in the first three quar...

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