AUSTRIA –   The Egger Group closed the first half of its 2024/2025 financial year (ended 31 October 2024) with consolidated sales of EUR 2.1 billion, down 0.2% year on year, reflecting difficult conditions in construction, weak consumption, global conflicts and economic policy uncertainty.

Despite this environment, Egger reported stable performance.

Sales reached EUR 2,093.5 million (–0.2%), while EBITDA rose 7.0% to EUR 320.3 million, with an EBITDA margin of 15.3%. The equity ratio stood at 42.5%.

CFO and Group Management Spokesman Thomas Leissing said the company’s family-owned structure and long-term strategy enable continued investment even in turbulent times.

Egger invested EUR 218.4 million in the first half, focusing on capacity expansion and sustainability, including progress toward its Net Zero 2050 target. Market reception of the Decorative Collection 24+ has been positive, while the new Flooring Collection 25+ launches in January 2025.

Demand for sustainable construction solutions is supported by innovations such as the Egger EcoBox.

Given ongoing macroeconomic uncertainty, Egger remains cautious for the second half of 2024/2025 but says its solid financial base, strong partnerships and more than 11,000 employees position it well for future challenges.