Economic downturn, weak construction sector, global conflicts and uncertainties: The general circumstances of the 2024/2025 financial year of the EGGER Group were certainly challenging.
Despite this economic environment, EGGER reports a very solid financial year. EGGER generated a group-wide turnover of EUR 4.13 billion and EBITDA of EUR 541.3 million. Stability in such volatile times is by no means synonymous with stagnation.
Thanks to its solid financial basis, the family company is realising significant growth projects and investing in the expansion of further capacities and in sustainability, even in a very weak market context. One of the largest projects in the industry, the EUR 200 million investment in the Markt Bibart (DE) plant, is approaching the completion of the first expansion phase.
"Although we would like to see a more ambitious development, we can be really satisfied given the economic environment," affirms Thomas Leissing, Chief Financial Officer EGGER Group and Speaker of the Group Management. ]
"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 even uses crises as an opportunity."
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 stabilisation.
“We are ideally positioned for a market recovery. With our state-of-the-art industrial basis, we have created major production advantages that we will utilise accordingly. Our clear goal for the current financial year is to maximise our capacity utilisation. Together with our international team of around 12,000 employees and our many satisfied customers worldwide, we want to continue to grow sustainably”, said the Group Management unanimously.
