DGAP-News: Optimistic outlook on 2008 for HOMAG Group AG / Two-digit increase in orders continues into 4th quarter 2007

Homag Group AG / Miscellaneous

17.01.2008 

Release of a Corporate-announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

Schopfloch, January 17, 2008. The favourable order situation gathered
further momentum for the HOMAG Group AG into the fourth quarter of 2007.
Incoming orders for the SDAX listed world leader in the manufacture of
machines and plants for the woodworking industry rose steadily between
October and December 2007 compared to an already exceptional final quarter
in 2006 by a further 12 per cent to total 141 million Euro (previous year
127 million Euro), giving the HOMAG Group an unmistakable edge over the
sector as a whole for the last three months of 2007. This places the
company 19 per cent ahead taken over 2007, resulting in what Management
Board Spokesman Dr. Joachim Brenk has described as 'the highest volume of
incoming orders in the company’s history' at 747 million Euro (previous
year 626 million Euro).

Both in the 4th quarter and throughout the whole of 2007, the globally
active company Group notched up substantial growth in terms of incoming
orders in every region. Particularly gratifying according to the company
were developments in its domestic market and also in Asia.

The outlook for the current month of January also promises 'incoming orders
in excess of projected targets', emphasizes Brenk. 'This leads us to assume
that the upward trend and the positive development of the HOMAG Group are
set to continue into the current financial year.'


Company background
With its 14 production companies worldwide, 21 group-owned sales and
service companies and approximately 60 exclusive sales partners, HOMAG
Group AG’s market position is excellent and its portfolio as a
comprehensive system supplier and technology partner makes it unique.
Backed by a workforce of more than 5,000 employees, the Company sees itself
as the leading global manufacturer for plant and machinery for the
woodworking industry for the production of furniture and construction
elements as well as prefabricated houses. The Group also offers its
customers a wide range of services in related areas for production machines
and equipment. HOMAG Group AG shares have been trading on the Prime
Standard of the Frankfurt Stock Exchange since July 13, 2007 and were
listed on the SDAX of the German Stock Exchange on October 2007.


Disclaimer 
This press release contains certain future-oriented statements.
Future-oriented statements are all those statements that do not pertain to
historical facts and events or expressions pertaining to the future such as
'believes', 'estimates', 'assumes', 'forecasts', 'intend', 'may', 'will',
'should' or similar expressions. Such future-oriented statements are
subject to risks and uncertainty since they relate to future events and are
based on current assumptions of the Company, which may not occur in the
future or may not occur in the anticipated form. The Company points out
that such future-oriented statements do not guarantee the future; actual
results including the financial position and the profitability of the HOMAG
Group as well as the development of economic and regulatory framework
conditions may deviate significantly (and prove unfavorable) from what is
expressly or implicitly assumed or described in these statements. Even if
the actual results of the HOMAG Group including the financial position and
profitability as well as the economic and regulatory framework conditions
should coincide with the future-oriented statements in this interim report,
it cannot be guaranteed that the same will hold true in the
future.

HOMAG Group AG
Investor Relations
Simone Mueller
Phone: +49 7443 13-2034
simone.mueller@homag-group.com 
www.homag-group.com 


DGAP 17.01.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       Homag Group AG
              Homagstr. 3-5
              72296 Schopfloch
              Deutschland
Phone:        +49 (0)7443 / 13 - 0
Fax:          +49 (0)7443 / 13 - 2300
E-mail:       info@homag-group.de
Internet:     www.homag-group.de
ISIN:         DE0005297204
WKN:          529720
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service
---------------------------------------------------------------------------