Homann

DGAP-News: Homann Holzwerkstoffe GmbH increases operating result in 2020 despite pandemic

Retrieved on: 
Thursday, April 29, 2021

Although revenues fell by 4.0% to EUR 262.8 million, operating EBITDA rose from EUR 47.1 million to EUR 49.4 million.

Key Points: 
  • Although revenues fell by 4.0% to EUR 262.8 million, operating EBITDA rose from EUR 47.1 million to EUR 49.4 million.
  • As a result, equity increased noticeably to EUR 57.9 million (December 31, 2019: EUR 45.1 million).
  • The positive operating performance and the decrease in net debt led to a decline in leverage (net debt to operating EBITDA) to 2.3x (December 31, 2019: 2.8x).\nFritz Homann, Managing Director of Homann Holzwerkstoffe GmbH: "Our business model enabled us to achieve a record result despite the adversities in the market, even exceeding our internal planning for 2020.
  • "\nHeadquartered in Munich, Homann Holzwerkstoffe GmbH is a leading supplier of thin, high-quality finished medium-density and high-density fibreboards (MDF/HDF).

DGAP-News: Homann Holzwerkstoffe successfully places Bond 2021/2026

Retrieved on: 
Tuesday, March 2, 2021

Numerous investors in the outstanding Bond 2017/2022 (ISIN: DE000A2E4NW7, WKN: A2E4NW) want to continue sharing in the success of Homann Holzwerkstoffe.

Key Points: 
  • Numerous investors in the outstanding Bond 2017/2022 (ISIN: DE000A2E4NW7, WKN: A2E4NW) want to continue sharing in the success of Homann Holzwerkstoffe.
  • Fritz Homann, Managing Director of Homann Holzwerkstoffe GmbH: "We were able to successfully place our third corporate bond in a challenging market environment.
  • Headquartered in Munich, Homann Holzwerkstoffe Group is a leading supplier of thin, high-quality finished medium-density and high-density fibreboards (MDF/HDF).
  • Its Bond 2017/2022 (ISIN: DE000A2E4NW7; WKN: A2E4NW) as well as its Bond 2021/2026 (ISIN: DE000A3H2V19; WKN: A3H2V1) are listed on the Frankfurt Stock Exchange.

DGAP-News: Subscription period for Homann Holzwerkstoffe Bond 2021/2026 starts today

Retrieved on: 
Monday, March 1, 2021

Target volume of EUR 60 million; term of 5.5 years

Key Points: 
  • Target volume of EUR 60 million; term of 5.5 years
    Munich, 1 March 2021 - Today marks the start of the subscription period for the 2021/2026 corporate bond issued by Homann Holzwerkstoffe Group, a leading European supplier of thin, refined wooden fibreboards for the furniture, doors and coatings industries.
  • The bond will be issued at a principal amount of EUR 1,000 and has a term of 5.5 years.
  • Headquartered in Munich, Homann Holzwerkstoffe Group is a leading supplier of thin, high-quality finished medium-density and high-density fibreboards (MDF/HDF).
  • Its 2017/2022 corporate bond (ISIN: DE000A2E4NW7; WKN: A2E4NW) is listed on the Frankfurt Stock Exchange in the Scale segment.

DGAP-News: Homann Holzwerkstoffe GmbH issues third corporate bond 2021/2026

Retrieved on: 
Tuesday, February 9, 2021

Munich, 9 February 2021 - Homann Holzwerkstoffe GmbH, one of the leading European suppliers of thin, refined wooden fibreboards for the furniture, door and coating industries, will issue its third corporate bond and plans the early redemption of the existing Bond 2017/2022.

Key Points: 
  • Munich, 9 February 2021 - Homann Holzwerkstoffe GmbH, one of the leading European suppliers of thin, refined wooden fibreboards for the furniture, door and coating industries, will issue its third corporate bond and plans the early redemption of the existing Bond 2017/2022.
  • Fritz Homann, Managing Director of the Homann Holzwerkstoffe Group: "Financing via the capital market has been a great success for our company and our previous investors.
  • Helmut Scheel, Managing Director and CFO of Homann Holzwerkstoffe GmbH: "In view of the positive capital market experience to date, we made a conscious decision to issue another bond.
  • Its 2017/2022 corporate bond (ISIN: DE000A2E4NW7; WKN: A2E4NW) is listed on the Frankfurt Stock Exchange in the Scale segment.

DGAP-News: Homann Holzwerkstoffe reports clearly positive result for the first nine months of 2020 - Expansion of the management team

Retrieved on: 
Monday, November 9, 2020

Revenues came in at EUR 191.0 million (9M 2019: EUR 207.2 million), and the EBITDA margin improved to 18.3% (9M 2019: 17.0%).

Key Points: 
  • Revenues came in at EUR 191.0 million (9M 2019: EUR 207.2 million), and the EBITDA margin improved to 18.3% (9M 2019: 17.0%).
  • At EUR 14.0 million, consolidated net income was also clearly positive at the nine-month stage (9M 2019: EUR 16.0 million).
  • In addition, Homann Holzwerkstoffe GmbH has expanded its management team, which was previously composed of Fritz Homann and Ernst Keider.
  • With his experience and expertise, he ideally complements the management team of Homann Holzwerkstoffe Group.

DGAP-News: Homann Holzwerkstoffe GmbH: Rating agency confirms solid financial profile, affirms BB- rating and raises outlook to stable

Retrieved on: 
Monday, November 2, 2020

Homann Holzwerkstoffe GmbH: Rating agency confirms solid financial profile, affirms BB- rating and raises outlook to stable

Key Points: 
  • Homann Holzwerkstoffe GmbH: Rating agency confirms solid financial profile, affirms BB- rating and raises outlook to stable
    The issuer is solely responsible for the content of this announcement.
  • Homann Holzwerkstoffe GmbH: Rating agency confirms solid financial profile, affirms BB- rating and raises outlook to stable
    Financial strength opens up scope for further expansion in Europe; fourth plant planned in Lithuania
    Munich, November 2, 2020 - Homann Holzwerkstoffe GmbH, a leading European supplier of thin finished wooden fibreboards for the furniture, doors and coatings industries, has again been rated BB- by German rating agency Creditreform.
  • Moreover, Homann Holzwerkstoffe was able to raise a KfW loan of EUR 65 million at very good conditions, which the rating agency described as a "sensible measure to secure liquidity".
  • We are thus in an excellent position to take advantage of the growth opportunities arising in Eastern Europe."

DGAP-News: HOMANN HOLZWERKWERKSTOFFE continues expansion in Europe and builds new production plant in Lithuania

Retrieved on: 
Wednesday, October 21, 2020

October 2020 - With the aim of a strategic expansion of the location, HOMANN HOLZWERKSTOFFE GmbH signed a contract for the acquisition of 77 ha of industrial land near Vilnius, Lithuania, in October.

Key Points: 
  • October 2020 - With the aim of a strategic expansion of the location, HOMANN HOLZWERKSTOFFE GmbH signed a contract for the acquisition of 77 ha of industrial land near Vilnius, Lithuania, in October.
  • In recent years, Lithuania has developed into one of the most important locations for the furniture industry in Eastern Europe.
  • In addition to the raw board plant, extensive finishing facilities will also be built to guarantee the market the usual extensive HOMANIT product range.
  • Fritz Homann, Managing Director of HOMANN HOLZWERKSTOFFE GmbH: "Due to the coronavirus pandemic, we had temporarily postponed our investment plans.

DGAP-News: Homann Holzwerkstoffe GmbH closes 2019 with noticeably higher earnings

Retrieved on: 
Wednesday, April 29, 2020

Munich, April 29, 2020 - HOMANN HOLZWERKSTOFFE GmbH, a leading European supplier of thin finished wooden fibreboards for the furniture, doors, coatings and automobile industries, recorded further revenue and earnings growth in the financial year 2019 and fully met its own forecasts.

Key Points: 
  • Munich, April 29, 2020 - HOMANN HOLZWERKSTOFFE GmbH, a leading European supplier of thin finished wooden fibreboards for the furniture, doors, coatings and automobile industries, recorded further revenue and earnings growth in the financial year 2019 and fully met its own forecasts.
  • As a result, the EBITDA margin climbed from 14.5% in the previous year to 17.1% in 2019.
  • On the basis of this good operating performance, HOMANN HOLZWERKSTOFFE generated consolidated net income of EUR 22.0 million, compared with EUR 7.9 million in the previous year.
  • Fritz Homann, Managing Director of HOMANN HOLZWERKSTOFFE GmbH: "Overall, we are satisfied with the course of business in 2019.