AUSTRIA (Notifix).- For the 2010/2011 fiscal year that ended June 30, family owned EGGER generated the highest turnover in the company's history as it marked its 50-year anniversary. EGGER was also able to significantly improve the capacity utilisation of its production facilities in 2010/11. For rawboard (chipboard, MDF, OSB, timber), the production volume increased from 5.8 million m3 to 6.3 million m3, for growth of 9 %. The impregnated paper volume was boosted by 12 %, from 608.3 million m2 to 680 million m2. Laminate production grew from 19.8 to 22.3 million m2, and glue production increased from 317,900 tons to 351,000 tons. Out of the rawboard production volume, 214 million m2 was laminated, 62 million m2 was upgraded into flooring and 33 million m2 was upgraded into prefabricated furniture components. Out of the 20 percent increase in turnover from EUR 1.48 billion to EUR 1.771 billion, 14 % came from volume increases and only 6 % from price increases. "As expected, we were unable to implement sufficient price increases to fully compensate for the pronounced rise in raw material prices, including wood, chemicals and paper," Thomas Leissing, Head of Finance, Administration and Logistics for the EGGER Group said. Earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 229 million in the 2010/11 business year therefore fell short of the prior-year value of EUR 236 million by 3 %. "We are satisfied with this result, which exceeds our plans from the beginning of the business year," Leissing added. The company expects turnover to increase by 10 % in the current business year.