News archive

Tag: Growth

Growth for the EGGER Group

01-08-2018
EGGER, EGGER Group, growth

The EGGER Group again set new records in its annual results for 2017/2018. Sales increased during the business year 2017/2018 by 12.5 per cent to reach EUR 2.6 billion (US$3.1 billion). EBITDA increased by 22.6 per cent to hit EUR 445.8 million (US$522.5 million), with the margins exceeding previous years’ levels by 16.6 per …

Editor’s pickBIFA Wood Vietnam: In the heart of Vietnam's Furniture Manufacturing Cluster

26-07-2018
Vietnam, BIFA Wood Vietnam, Furniture, Wood, Panels, Timber, Market, Export, Wood Industry, Woodworking, Southeast Asia, Growth

Vietnam’s woodworking industry is seeing significant growth in recent years. Just last year alone, the industry saw a revenue of US$8 billion, a 10 per cent growth from US$7.3 billion in 2016. The country’s phenomenal growth in the last decade has made it a serious contender to overtake China as the world’s manufacturing …

Kährs Group: Strong sales growth with stable underlying operating profit

26-07-2018
Kährs Group, flooring, Sweden, second quarter report, strong sales growth

Net sales for the Kährs Group totalled SEK 844 million (792), or US$95.4 million, an increase of 7 per cent compared with the same period in 2017. Organic sales growth was 6 per cent. Operating EBITA rose 1 per cent and totalled SEK 76 million (75), or US$8.6 million corresponding to an operating margin of 9.0 per cent (9.5). Market …

Editor’s pickThe Growth of Binh Duong

17-07-2018
Vietnam, Asia, Timber, Wood, Wood Industry, Industry, Material, Business, Binh Uuong, Tran Thanh Liem, BIFA Wood Vietnam, Economy, Growth

Mr Tran Thanh Liem, Vice Chairman of the People's Committee of Binh Duong Province Binh Duong is located in southeast Vietnam. The city is part of the Southern Key Economic Zone, which also includes Ho Chi Minh City and the provinces of Dong Nai, Ba Ria – Vung Tau, Binh Phuoc, Tay Ninh, Long An and Tien Giang. The gateway to Ho Chi Minh …

CLT market forecast to reach $880Mn by 2022

19-06-2017
CLT, market, CAGR, growth

The global cross-laminated timber market is expected to reach US$880Mn by 2022. According to the latest report, Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022, by IMARC Group, robust growth can be attributed to the green building movement that is gaining momentum all across the …

Global engineered wood market to reach $41.2bn by 2022

13-02-2017
engineered wood, CAGR, growth

The global engineered wood market is estimated to reach $41.2bn by 2022, growing at a CAGR of 24.8 percent from 2016 - 2022. North America and Europe account for nearly 70 percent of global engineered wood production and will continue to maintain high CAGRs, according to a new report from market research firm Allied Market Research (AMR). Demand …