HOMAG Group AG reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported sales revenue of EUR 254.3 million compared to EUR 204.8 million a year ago. EBITDA was EUR 22.6 million compared to EUR 15.0 million a year ago. Net profit was EUR 4.1 million compared to EUR 2.5 million a year ago.

The company confirmed its forecast for 2015 and expects an order intake ranging between EUR 940 million and EUR 960 million. Looking at consolidated sales revenue, the company aims to generate between EUR 950 million and EUR 970 million, and increase EBITDA before employee profit participation expenses to between EUR 92 million and EUR 94 million. A consolidated net profit of between EUR 31 million and EUR 33 million is expected.