Subdued outlook for revenue and earnings development of the Egger Group

Egger Group closes financial year with revenue of EUR 4.45 billion in an extremely volatile environment. Overall economic downturn brings the international wood-based material manufacturer a moderate increase in revenue and a decline in earnings. Subdued expectations for the 2023/2024 financial year The ongoing crisis in Ukraine, volatile energy and raw materials markets, persistently high inflation in key sales regions and further impending geopolitical crises, as well as the enormous challenges of climate change, are determining elements in the overall economic outlook. Egger faces additional challenges from the currency development in Argentina. The outlook for ...