Feb 22, 2008. /Lesprom.com/. Pfleiderer AG generated record consolidated revenues and profit in 2007. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by approximately 20% to Euro 248.7 million. This figure is at the top end of the forecast target corridor of Euro 240 to Euro 250 million. At 13.8%, the EBITDA margin was down from last year’s figure of 14.7%, but this had been expected due to costs for integration and restructuring measures at Pergo and the rationalization program in Western Europe. These costs amounted to Euro 21.6 million in 2007. Consolidated revenues grew by 27% to Euro 1.8 billion, whereby 11 percentage points are attributable to organic growth and 16 percentage points to external growth. Pfleiderer’s own target of Euro 1.9 billion was not achieved due to currency translation effects and postponed revenues in North America. However, since the majority of these postponed revenues will be recovered in 2008 and the order situation is promising, Pfleiderer expects consolidated revenues in the order of Euro 2 billion and an improvement in the Group-wide EBITDA margin to 15% for the new fiscal year, previous year was 13.8%. Pfleiderer Group is one of the worldwide leading manufacturers of engineered wood, surface finished products and laminate flooring.