Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Products / Wood-based panels / Europe / Global
July 29, 2019
EGGER reports record sales figure for its financial year; outlook positive
The wood-based panels giant recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million. The key performance indicators showed a stable development: Group turnover increased by +5.6%, while adjusted EBITDA declined slightly by -4.7%. The record total investment of EUR 489.1 million had a strong impact on this result. One of the flagship projects was recently completed: The 19th EGGER plant in Biskupiec, Poland, started operations at the end of June. EGGER Group Management is satisfied with the sales of EUR 2,841.5 million ...
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