Despite a challenging economic environment, EGGER Group has reported solid financial results.
EGGER generated a Group-wide turnover of EUR 4.13 billion and EBITDA of EUR 541.3 million.
Thanks to its solid financial basis, the family company is realizing significant growth projects and investing in the expansion of further capacities and in sustainability.
One of the largest projects in the industry, the EUR 200 million investment in the Markt Bibart plant in Germany, is approaching the completion of the first expansion phase.
“Although we would like to see a more ambitious development, we are satisfied given the economic environment,” said Thomas Leissing, chief financial officer EGGER Group.
“Stability in such volatile times is a significant achievement. We would like to thank our 11,860 employees for this. Our global team proves once again that EGGER is not only crisis-proof, but uses it as an opportunity,”
Developments in the product segments
EGGER Group produced 10.8 million m3 of wood-based materials and timber in the 2024/2025 financial year (previous year: 10.4 million m3). The effects of the economic circumstances were felt to varying degrees in the individual product areas and markets.
“Our business is closely linked to the construction sector in the respective countries and we have seen a particularly weak development in our core markets in Western and Central Europe,” says Michael Egger Jr., chief sales officer. “The weak construction industry is negatively impacting the demand for our products, particularly in the building products segment, but also downstream for our decorative products. Naturally, this weak demand resulted in strong price and volume competition. However, we were able to hold our own in this environment.”
Markets in Eastern Europe and overseas, particularly Asia, have developed positively in the past financial year. And the plant in Lexington, North Carolina also delivered an improvement in earnings.
EGGER Group pursues a long-term investment strategy aimed at sustainable growth. In the past financial year 2024/2025, investments totalling EUR 435.0 million (previous year: EUR 568.6 million) were made. The focus was on building further capacities and on sustainability projects.
Cautious outlook for the 2025/2026 financial year
From an overall economic perspective, the weak economy, subdued demand in the construction sector and challenging geopolitical conditions are expected to continue. The turnover and earnings expectations for EGGER are correspondingly cautious. However, there are initial signs of economic stabilization.
“We are ideally positioned for a market recovery,” the management group said in a statement. “With our state-of-the-art industrial basis, we have created major production advantages that we will utilize accordingly. Our clear goal for the current financial year is to maximize our capacity utilization. Together with our international team of around 12,000 employees and our many satisfied customers worldwide, we want to continue to grow sustainably.”
