EGGER Group was able to increase the Group’s turnover by 3.4% to reach Euro 2.34 billion during the 2015/2016 financial year.
The EBITDA (result before interest, taxes and depreciation) increased by 9.8 % to Euro 349.6 million with all key indicators experienced a positive development. The EBITDA margin exceeded previous years’ levels at 14.9% and the family business continues to enjoy a good credit rating thanks to a high equity ratio of 38.9%.
For the fifth time in a row, the EGGER Group reached a new level in its annual results, confirming its consistent investment and innovation strategy. The wood-based materials manufacturer was able to profit from slightly positive economic developments, the recovering demand for construction services in Europe, as well as stable raw material prices.
Source: Lesprom Network