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Homag reports 10% drop in order intake and revenues

Around 100 jobs shed so far at Homag’s locations in Germany

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Published in issue 22/2020
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The coronavirus crisis made a dent into the financials of Homag Group AG, based in Schopfloch, Germany, in March after a relatively good January and February 2020. Order intake and revenues booked by Dürr AG’s Woodworking Machinery and Systems division both dropped by almost 10% in the first quarter as a whole. ...

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