13441618192158.jpg
Egger management (from left to right): Schiegl (production/engineering), Bühler (sales/marketing/communication) and Leissing (finance/administration/logistics) © Egger

Egger increased turnover

Article by Martina Nöstler, translated by Susanne Höfler | 05.08.2015 - 14:49
13441618192158.jpg

Egger management (from left to right): Schiegl (production/engineering), Bühler (sales/marketing/communication) and Leissing (finance/administration/logistics) © Egger

At their recent press conference, Egger reported satisfactory results for the previous business year  ending in April. The company achieved revenues of € 2.26 billion across the group. In comparison to the previous business year, this makes for a plus of 2.15%. Key driver for this growth has been the business sector of decorative timber products, particularly in the UK, Germany, Italy and parts of Central and Eastern Europe.

Again, the group has been able to increase its operative cash flow: The EBITDA was at € 318.4 million which is 2% more than last year, and the EBITDA margin is at a steady 14.1%, meaning that last year's level could be maintained. What distinguishes Egger in particular is their high credit ranking: They were able to improve their equity ratio to 40%.