Weinig enjoyed 6.3 % increase in group revenues

Weinig International raised its consolidated group revenues by 6.3 % to €320m last year, according to financials released at the Ligna 2015 trade fair on 11 May. The company thus fell short of its original target of €340m for last year. Weinig had scaled back its revenue forecast to €320m at the start of November amidst a weaker performance in Russia and Ukraine that was not offset by growth in Germany, elsewhere in the EU, in South America, in Asia and in Australia. About €260m of group revenues came from business with machinery and plants for solid wood machining handled by Weinig entities. Turnover from Holz-Her, which specialises in processing wood-based panels, increased to €60m. Some 86 % of group turnover was generated outside Germany. New machinery business accounted for €241m, second-hand machinery for €6m and services for €73m.

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