01.08.2024
EGGER Group closes financial year with a turnover of EUR 4.13 billion in challenging times
The turbulent overall economic environment is also challenging for the international wood-based material manufacturer. Nevertheless, strategic milestones in growth and climate protection have been reached. The turbulent overall economic environment is also challenging for the international wood-based material manufacturer. Nevertheless, strategic milestones in growth and climate protection have been reached.
22.04.2024
EGGER Group says good-bye to Ulrich Bühler as he starts his well-deserved retirement
The family company would like to thank Ulrich Bühler for 24 years of extraordinary commitment.
11.04.2024
EGGER takes the next step in the circular economy: First recycling collection site in Italy
The EGGER Group acquires a majority stake in the Italian recycling company Cartfer Urbania S.r.l. The purchase agreement was concluded on 27 March 2024.
01/08/2024
Strategic partnership: EGGER acquires minority stake in Thai Panel Plus
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.
12/20/2023
EGGER Group reports stable business development at the half-year mark
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.
11/16/2023
The EGGER Group is taking a big step in climate protection and commits to Net Zero 2050
With its climate-friendly products, the family company would like to contribute towards protecting and preserving the future.
09/14/2023
EGGER Group presents its sixth Group-wide Sustainability Report
The EGGER Group is already presenting its sixth Sustainability Report for the financial year 2022/2023. It contains the strategy, objectives and performance of the Group with regard to economic, ecological and social sustainability.
09/11/2023
EGGER Group acquires Rauch chipboard plant
The EGGER Group continues its growth course and takes over the plant in Markt Bibart (DE). The purchase agreement was signed on 8 September 2023.
7/27/2023
EGGER Group closes financial year with revenue of EUR 4.45 billion in an extremely volatile environment
The EGGER Group looks back on an extremely volatile financial year 2022/2023. The business environment was characterised by sharply rising interest rates, high inflation, declining new construction figures, highly volatile raw materials and energy markets, as well as geopolitical uncertainties. Despite these challenges, the EGGER Group can report a stable development.
01/31/2023
Awards for the EGGER Group's sustainability performance
Sustainable management is a significant component of the EGGER Group's corporate behaviour. The company has aspired to act sustainably since its founding. A key requirement is the continuous improvement of its own sustainability management. EGGER has itself therefore regularly assessed by external institutions. EGGER was recently able to achieve two awards in sustainability ratings: Prime status in the ISS ESG Corporate Rating and the EcoVadis silver medal.
12/21/2022
EGGER Group: Satisfactory company performance at the half-year mark
The EGGER Group, headquartered in St. Johann in Tirol (AT), closed the first half of its 2022/2023 financial year (reporting date 31 October 2022) with consolidated sales of EUR 2.26 billion (+14.0% as compared to the previous year). This increase in sales is primarily due to the sharp rise in costs for raw materials, energy and logistics, which led to higher sales prices. The many uncertainties and crises and their effects on the energy and raw material markets, as well as massive inflation and the resulting loss of purchasing power, have caused a noticeable decline in demand. The outlook for the second half of the year is therefore reserved.
12/16/2022
SAIB becomes part of the EGGER Group
EGGER acquires 60% of the shares in Italian wood-based materials manufacturer SAIB. Acquisition agreement closed on December 15, 2022.
11/18/2022
EGGER Apprentices Engage with Business Leaders, Government Officials at European Embassies in Washington, D.C.
Two EGGER Wood Products apprentices had the opportunity to meet with international business leaders and government officials to share their experiences as women in manufacturing and discuss the impact of apprenticeship on their career paths.
12/22/2021
EGGER Group: Sales and earnings growth at half-year
The EGGER Group closed the first half of its 2021-22 financial year (reporting date Oct. 31, 2021) with consolidated sales of 1.98 billion euros ($2.24 billion), an increase of 36.5% as compared to the previous year.
12/22/2021
EGGER Half Year Results (December 2021)
The EGGER Group, headquartered in St. Johann in Tirol (AT), closed the first half of its 2021/2022 financial year (reporting date 31st October 2021) with consolidated sales of EUR 1.98 billion (+36.5% as compared to the previous year). The special economic situation in the construction and furniture sector as well as the capacity increases of new plants contributed significantly to the result.
12/16/2021
EGGER Turns 60
On the occasion of its 60th anniversary, the family company presents a new corporate video.
12/13/2021
Additional Investment Approved at EGGER Lexington
EGGER will invest $20 million for an additional thermally fused laminate production line at the company’s sole U.S. location, potentially adding up to 25 new jobs.
11/01/2021
EGGER Group Awarded for Sustainability Performance from Leading Global ESG Rating Agencies
EGGER recently received two awards in sustainability ratings: Prime status in the ISS ESG Corporate Rating, a first for EGGER Group, and the EcoVadis silver medal.
09/20/2021
EGGER Celebrates One-Year Production Anniversary at Manufacturing Plant in Lexington
EGGER this month marked one year since officially starting production at its Lexington plant. The state-of-the-art production plant is the company’s 20th worldwide facility and the first in North America.
09/15/2021
EGGER’s Decor Match System Delivers a Flawless Look
EGGER Wood Products’ Decor Match System makes life easier for architects, designers and fabricators by offering a comprehensive one-stop solution for decorative surfaces.
07/29/2021
Crisis-proof: EGGER Group closes 2020-21 business year strong
After pandemic-related effects at the beginning of the business year, EGGER experienced a strong increase in demand in almost all markets from the summer of 2020 onward, which has remained at an exceptionally high level to this day
04/30/2021
Virtual Run Efforts Benefit United Way
EGGER has made a $1,500 donation to the United Way of Davidson County following the company’s 3rd annual EGGER Runs event.
04/20/2021
First Rail Car Shipment in Lexington
EGGER has completed its first rail car shipment in North America, sending a Norfolk Southern rail car from Lexington to Cedar Hill, Texas.
12/22/2020
Stable sales and earnings growth at half-year
The EGGER Group, headquartered in St. Johann in Tirol (Austria), closed the first half of its 2020-21 financial year (reporting date Oct. 30, 2020) with consolidated sales of 1.45 billion euros ($1.69 billion), a change of -2.1 % as compared to the previous year.