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January 3, 2023

Egger: Demand significantly lower, outlook uncertain

The Egger Group closed the first half of its 2022/2023 financial year (reporting date 31 October 2022) with consolidated sales of Euro 2.26 billion (+14.0% as compared to the previous year). However, the highly volatile general conditions are also a challenge for the wood-based materials manufacturer: it is forced to register a noticeable decline in demand.  The first half of the 2022/23 financial year was marked by a multitude of crises and uncertainties, both economically and politically. Thomas Leissing, CFO of Egger Group, said: "The very strong results of the previous year are ...

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