Egger strengthens its market position in the 2012/2013 business year

Aug 3, 2013 | Board Manufacturers | 0 comments

AUSTRIA (Notifix).- Egger continued to grow while further solidifying its position in the market. The consolidated turnover of the Egger Group in the 2012/13 business year was EUR 2.181 billion.

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The major factors that contribute to the increase in turnover by around 11% were: the chipboard plant acquired in Gagarin, Russia, the volume increase for OSB products with the entry into operation of the new plant in Radauti, Romania and the increase in production capacity for the lamination and laminates (HPL) lines through out its production facilities. EBITDA at EUR 298 million was 14% above the value in the previous year. Volume increases were once again generated with their leading product “laminated chipboard” in the decorative wood-based materials segment. This is due to market growth in Russia, Turkey and the rest of Eastern Europe.

To secure its strong market position, Egger counts on highly upgraded, design-oriented and functional products as well as an extensive portfolio of services. One example is their surfaces with synchronized pores on both board sides introduced recently as an innovation for the furniture industry. The tactile characteristics of the synchronized pore texture correlate with the visual markings of the grain, highlighting the impression of genuine wood.

 

 

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