Egger Reports Sales Increase in Financial Year 2022/2023

Jul 31, 2023 | Board Manufacturers | 0 comments

AUSTRIA – For the 2022/2023 financial year, Egger reports an increase in revenue, but a decline in earnings.

1044EGGER3 Thus, a Group-wide turnover of EUR 4,449.7 million, 5.1 percent more compared to the previous year, was generated.

EBITDA amounted to EUR 602.5 million, 31.3 percent less than the previous year, and the EBITDA margin was 13.5 percent, compared to 20.7 percent the previous year. Thus, after the extraordinarily high demand experienced during the pandemic, the result is settling at a level that is sustainable in the long term.

In the 2022/2023 financial year, the Egger Group produced 9.6 million m³ of wood-based materials and timber.

In the past financial year 2022/2023, investments including acquisitions in the amount of EUR 540.6 million (previous year: EUR 293.6 million) were made. The investment focus was on the areas of circular economy, renewable energy and optimised logistics as well as further refinement capacities.

EGGER FY2322 ENGL

 

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