AUSTRIA – After Coronavirus-related effects at the beginning of the business year, Egger experienced a strong increase in demand in almost all markets from the summer of 2020 onwards.

Which has remained at an exceptionally high level to this day.

In order to be able to meet this demand, production capacities are being utilised to the maximum at all Egger plants and record quantities are being produced.

Overall, Egger can report a stable development of its key figures for the business year 2020 / 2021: The Group generated revenue of EUR 3,082.8 million (+8.9 % on the previous year) and EBITDA of EUR 622.3 million (+46.6% on the previous year). The EBITDA margin is 20.2% (previous year 15.0%), the equity ratio is 42.0% (previous year 37.9%).

Around 10,400 employees at 20 production sites worldwide have contributed to these results and to a new record production quantity of 9.6 million m3 of wood-based materials and timber in this challenging business year. A milestone in the past business year was the commissioning of the 20th plant in Lexington, NC, USA – the first Egger plant in North America. Despite the difficult conditions and the ongoing special situation, the plant was able to go into operation on schedule in September 2020.