AUSTRIA – The Egger Group, one of the largest wooden panel manufacturers in the world, based in St. Johann in Tirol, Austria, closed the first half of its 2024/2025 financial year with consolidated sales of EUR 2.1 billion, reflecting a slight decrease of 0.2% compared to the previous year.

Despite facing a tough economic environment marked by weak demand in the construction sector, global geopolitical uncertainties, and economic volatility, Egger reported stable performance for the period. The company achieved an EBITDA of EUR 320.3 million, representing a 7.0% increase compared to the prior year, with an EBITDA margin of 15.3%.

Throughout this challenging period, Egger remained committed to its long-term investment strategy. The company invested EUR 218.4 million in expanding production capacities, modernizing key plants, and advancing its sustainability goals.

Investments focused on projects such as expanding the Barony plant in the UK and enhancing the company’s recycling capabilities, demonstrating its ongoing commitment to sustainability. Product innovations, such as the new Decorative Collection 24+ and the EcoBox for sustainable construction, further underscore Egger’s focus on customer value and environmental responsibility.

Looking ahead, the macroeconomic outlook remains uncertain, and the company’s expectations for the second half of 2024/2025 are cautious. Nonetheless, with a strong financial foundation, long-standing customer relationships, and a dedicated workforce of over 11,000 employees, Egger is confident in its ability to overcome future challenges.