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Companies in the timber industry / Daily News / Sawmilling / Wood flooring / Wood-based panels / Europe / Global
August 2, 2016

EGGER Group reports increased turnover for the 2015/2016 financial year

EGGER Group reports increased turnover for the 2015/2016 financial year

The Austrian wood-based materials manufacturer, EGGER, was able to profit from slightly positive economic developments, the recovering demand for construction services in Europe, as well as the stable raw material prices.

During the 2015/2016 financial year (30th of April 2016) turnover increased to 2.34 billion Euro (+3.4%), the EBITDA to 349.6 million Euro (+9.8%). The EBITDA margin exceeded previous years’ levels at 14.9%.

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