Panel products maker posts “satisfying” half year update

Manufacturer of wood-based panel products to the furniture industry, EGGER, has reported a growth in half year sales.

According to its latest trading update for the first half of the 2025/26 financial year, total sales rose 2.6% to €2.15bn. EBITDA resulted at €293.3m, down 8.4%, while margin was 13.7%.

EGGER said that 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 €1.9bn, up 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.

“The ongoing weakness in consumer spending, weak construction activity in the core markets and global uncertainties characterised the general conditions,” the group said. “Thanks to its solid financial basis and consistent implementation of its long-term strategy, the family company was able to secure stability and continue to make far-reaching investments in its own plants.”

Thomas Leissing, Speaker of the EGGER Group Management and responsible for Finance/Administration, commented: “Of course we would like to see a more dynamic development. 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. We would like to thank our highly committed 12,000 employees worldwide, whose dedication and competence have made a significant contribution to this stable result.”

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