HOMAG Group AG announced earnings results for the full year of fiscal 2014. For the year, the company announced sales revenue of EUR 914.8 million compared to EUR 788.8 million for the same period a year ago. Operative EBITDA was EUR 93.2 million compared to EUR 75.8 million for the same period a year ago. Net profit for the year (after non-controlling interests) was EUR 18.9 million compared to EUR 18.4 million for the same period a year ago.

The company provided earnings guidance for the full year of fiscal 2015. The company aims to grow further and in particular significantly raise net profit for the fiscal year 2015. The company anticipates an increase in net profit for the year of around 70% to between EUR 31 million and EUR 33 million. The company expects sales revenue to between EUR 950 million and EUR 970 million. Operative EBITDA before employee profit participation expenses and before extraordinary expenses is expected to increase to between EUR 95 million and EUR 97 million.