Egger: half-year results

The Egger Group, with headquarters in St. Johann in Tirol (AT), has completed the first half of its financial year 2019/2020 (reference date the 31st October 2019) with a consolidated turnover of Eur 1.48 billion and a turnover increase of 3.4 percent as compared to the previous year. The result before interest, taxes and depreciation (Ebitda) is Eur 220.1 million (-4.9 percent as compared to the previous year). These results should be taken into account alongside the massive investments and the associated set-up and start-up costs that are in line with the company’s strategic growth plans. During the reporting period, Egger started operating its 19th plant in Poland. The outlook for the second half of the year is also positive.