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.
08.01.2024
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.
16.12.2023
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. SAIB, based in Caorso, near Piacenza, has been one of the leading wood-based materials manufacturers in Italy for 60 years, with a strong focus on design and sustainability. For the plant with around 200 employees, the majority shareholding by EGGER opens up further growth and synergies in this globally active group of companies. With this investment, EGGER is confirming its strategy of further growth in its home market of Europe.
20.12.2023
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.
16.11.2023
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
14.09.2023
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.
11.09.2023
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.
27.07.2023
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.
31.01.2023
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.
21.12.2022
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.
28.07.2022
EGGER Group Closes Financial Year with 4.23 Billion Euros in Sales in a Challenging Environment
The EGGER Group is closing its 2021/2022 financial year in exceptionally challenging times. The ongoing COVID-19 pandemic and the dramatic developments in Ukraine are having an impact on the global energy and raw materials markets.
22.12.2021
EGGER Group: Sales and earnings growth at half-year
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. The situation on the raw material markets was challenging.
15.12.2021
EGGER turns 60
Since 1961, EGGER has developed from a Tirolean sawmill into one of the world's leading manufacturers of wood-based materials. The pioneering spirit of the founder, Fritz Egger sr., still characterises the company today. His sons Fritz and Michael Egger have positioned the company internationally and as a full-range supplier. On the occasion of its 60th anniversary, the family company presents a new corporate video.
25.10.2021
Announcement: New appointments in the EGGER Group Management as of 1 May 2022
Walter Schiegl, Thomas Leissing and Ulrich Bühler jointly manage the operative business of the EGGER Group since 2009. As of 1 May 2022, there will be changes in the executive committee of the wood-based material manufacturer: After more than 20 years in the Group Management, Walter Schiegl will move to the Supervisory Board. Hannes Mitterweissacher, who has also been with the EGGER Group for more than 25 years, will follow him. In addition, the Group Management will be composed of four persons in the future: Frank Bölling will be responsible for the logistics area.
29.07.2021
Crisis-proof: EGGER Group closes 2020/2021 business year with EUR 3.08 billion turnover
With the close of the EGGER Group's business year on 30.04.2021, the company looks back on a special situation for the past twelve months. After Corona-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 onwards, which has remained at an exceptionally high level to this day.
22.12.2020
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.
25.09.2020
Start of production at the 20th EGGER plant in Lexington, North Carolina, USA
After a two-year construction period a big milestone has been reached: the EGGER Group has started production at the new wood-based materials plant in Lexington, North Carolina, USA. This is the 20th plant of the globally active family company and the first EGGER plant in North America. The investment amounts to around 440 million euros. The new location creates 400 new jobs.