Egger Group reports stable business development despite challenges

The Egger Group, headquartered in St. Johann in Tirol (AT), concluded the initial half of its 2023/2024 financial year (reporting date 31 October 2023) with consolidated sales of €2.1 billion (–7.0% compared to the previous year). The business environment proved challenging, marked by persistently high inflation, elevated interest rates, volatile raw material prices, and geopolitical crises. Despite these conditions, the wood-based material manufacturer is content with its stable development in the first half of 2023/2024. Thomas Leissing, chief financial officer of Egger Group and Speaker of the Group Management, remarked, “The first six months ...