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%.
In April, the German wood packaging, pallet and export packaging industry recorded month-on-month increases in the purchase prices of solid wood and OSB. Only the purchase price of plywood fell...
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According to the German wood packaging, pallet and export packaging association (HPE), the original draft version of the EU’s Packaging and Packaging Waste Regulation (PPWR) failed to include the...
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In January and February, Germany imported 6.7 million pallets, i.e. 31% fewer than last year. In exports, a decrease of 15% was recorded, which brought the total number down to 4.1 million pallets.
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