Egger 'well-placed' to deal with uncertainties

MAJOR

- COREENA FORD

The Egger works in Hexham

Northumberland employer Egger says it is "well placed", despite economic uncertainty and seeing turnover and profits fall.The Hexham business, which employs more than 800 people, manufactures wood panels and flooring for bedrooms, kitchens and offices. Its materials are used by a range of sectors include the hotel, retail and housebuilding industries.

The firm - which forms part of a wider group of companies spread across Europe with its head office in Austria - has spent the last two years weathering challenging trading amid rising inflation and increased costs, which have impacted profits and sales.

Egger UK has published accounts for the year ending April 2025, showing a 4.1% drop in turnover to £412.2m, as well as a sizeable drop in operating profit from £41.8m to £28.2m.

Employee numbers rose from 817 to 844, taking the payroll bill up to £46.8m from £41.9m. Meanwhile, no dividend was paid to the parent company Egger Holzwerkstoffe GmbH, with the previous year dividends standing at £80m.

Director Jonathan Tully said Egger UK had "delivered strong financial results for the year".