Egger Group reports a stable development of its key indicators for the business year 2020-21. The Group generated revenue of Euro 3,082.8 million (+8.9% on the previous year) and EBITDA of Euro 622.3 million (+46.6% on the previous year). The EBITDA margin is 20.2% (previous year 15%) and the equity ratio is 42% (previous year 37.9%).
“This clear development shows that at Egger, on the one hand, we have coped well with the challenges of the pandemic, and at the same time, we have also made very good use of the opportunities that have arisen in our industry. In addition, the new plant in Biskupiec, Poland, in particular made a significant contribution to the increase in earnings," said Thomas Leissing, Spokesman of the Group Management and responsible for Finance, Administration and Logistics.
Projections are currently difficult due to the lack of reliable forecasts on the development of the pandemic and possible further lockdown measures. Despite these uncertainties, Egger anticipates a positive development in the 2021-22 business year.
Egger is one of the world's leading wood-based solutions suppliers. Egger produces an extensive product range of wood-based materials (chipboard, OSB, and MDF board) as well as timber.
