Egger Group says it has achieved a “stable” first half of its financial year performance with revenues up 2.6% to €2.15bn, compared to a year ago.
The Austria-based wood-based panels and timber products manufacturer said its performance in the six months ending October 31, 2025, was despite a persistently challenging market environment. EBITDA was €293.3m (-8.4% compared to the same period of the previous year).
The company reported ongoing weakness in consumer spending, weak construction activity in the core markets and global uncertainties.
“Of course we would like to see a more dynamic development,” said Thomas Leissing, speaker of the Egger Group Management and responsible for Finance/Administration.
“However, given the duration and intensity of the economically challenging phase in which we have found ourselves for some time now, we are satisfied. For us, stability in no way means stagnation; on the contrary, we use it as a basis for targeted investments in the future, sustainability and innovation.”
Egger says the markets in Eastern Europe and overseas developed positively, while efficiency and innovative strength were required in Western and Central Europe in order to counter the strong competition within weak markets.
The area of decorative products for furniture and interior design achieved unconsolidated revenues of €1.907bn (+2.6% compared to the same period of the previous year). The slight increase in revenues was spread evenly across all regions and resulted primarily from slight volume and price increases. EBITDA in this product segment is below the previous year’s figure, which is primarily due to weaker results in Western Europe.
The product area for wood construction and flooring generated unconsolidated sales of €365.1m (+4.0% compared to the same period of the previous year). Although this represents a slight increase in sales, the earnings situation remains extremely tense. Demand in the flooring segment in particular is weak and the lack of new construction activity could only be partially offset by renovations.
Egger invested €248.6m during the period, with the major multi-stage project at the Markt Bibart plant in Germany being particularly noteworthy. Over €200m will be invested there in sustainability, upgrading and automation by 2026.
The company says the overall economic outlook remains challenging, “even though the low point of the downturn appears to have passed”.
“The ongoing price pressure due to weak demand is nevertheless expected to continue in the current financial year. This also results in reserved revenue and earnings expectations for the Egger Group in the second half of the 2025/2026 financial year,” it said.
