EGGER News
Welcome to our news section! Stay up to date and discover the latest updates, news and developments from the EGGER Group.
2025
Page 10
Surface & Panel Magazine
EGGER's Feelwood and PerfectSense products were featured on Page 10 of the Q4 Surface & Panel e-magazine
November Panel Innovations
Inside EGGER's Circular Economy
Woodworking Network visited EGGER's North Carolina facility to learn more about our high tech facility taking shredded pallets all the way to finished boards.
18.12.2024
EGGER half-year results 2024/25
The EGGER Group closed the first half of its 2024/2025 financial year (reporting date 31 October 2024) with consolidated sales of EUR 2.1 billion (–0.2 % as compared to the previous year). The current economic situation is characterised by the challenging situation in the construction industry, a generally weak consumption, major global conflicts and turbulence in economic policy. As an internationally active family company, EGGER is feeling the effects of this context on its own business, however, is able to report a stable development in the first half of 2024/2025.
2024
01.08.2024
Annual press conference 2024
The EGGER Group looks back on an eventful financial year 2023/2024, characterised by a fragile economic environment: EGGER generated a Group-wide turnover of EUR 4.13 billion and EBITDA of EUR 493.6 million. Against this backdrop, the family business is consistently pursuing its strategy of sustainable and healthy growth. EGGER has been successfully driving forward significant strategic developments. For example, the Group added a 22nd plant in Markt Bibart (DE), acquired a minority stake in the Thai wood-based material manufacturer Panel Plus and established a pioneering climate strategy with its commitment to the Net Zero objective by 2050.
08.01.2024
EGGER Group acquires minority stake in Thai Panel
Sustainable international growth is an essential part of the EGGER Group's strategic agenda. In addition to the production and distribution of its products in Europe and America, where the family company is represented with a total of 22 production plants, the Asian market is playing an increasingly important role. With the goal of further strengthening its own market position in Asia, the EGGER Group acquired a 25.1% stake in the Thai wood-based material manufacturer Panel Plus Co., Ltd. The purchase agreement was signed on 30 November 2023 and the closing took place on 3 January 2024. The parties have agreed not to disclose the purchase price and further details of the transaction.
20.12.2023
EGGER half year results 2023/2024
The EGGER Group, headquartered in St. Johann in Tirol (AT), closed the first half of its 2023/2024 financial year (reporting date 31 October 2023) with consolidated sales of EUR 2.1 billion (–7.0% as compared to the previous year). The business environment was challenging due to persistently high inflation, high interest rates, volatile raw material prices and geopolitical crises. In view of this situation, the wood-based material manufacturer is satisfied with its stable development in the first half of 2023/2024.