Skip to main content

Revenue developed well with solid profitability in Q1 2025

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Report on first quarter of 2025
for ROCKWOOL A/S
Release no. 30 – 2025
to Nasdaq Copenhagen

19 May 2025

Revenue developed well with solid profitability in Q1 2025

Highlights

  • Revenue in Q1 2025 reached 959 MEUR, an increase of four percent measured in both local currencies and reported figures compared to last year. Two percentage points of the increase derived from the two acquisitions made in October 2024.
  • EBITDA in Q1 2025 reached 223 MEUR, with a 23.2 percent EBITDA margin, down 0.3 percentage points compared to Q1 2024. Earnings continued at a good level, as sales prices and input costs overall remained stable.
  • EBIT increased one percent to 154 MEUR in Q1 2025. EBIT margin reached 16 percent down 0.5 percentage points compared to Q1 2024, mainly due to higher depreciations related to investments. Acquisitions had limited impact on the EBIT margin.
  • Investments totalled 93 MEUR in Q1 2025, of which the largest projects related to electrification of existing production lines, the expansion of production capacity in Romania, digitalisation, as well as the new factory in the United States.
  • Cash flow from operations before financial items and tax amounted to 126 MEUR in Q1 2025 compared to 135 MEUR in Q1 2024.
  • Shareholders may from 19 May 2025 until 4 June 2025 request conversion of A shares to B shares. For further information please refer to https://www.rockwool.com/group/about-us/investors/conversion-shares/.
  • During Q1 2025, the company purchased 84,680 B shares related to share buy-back programmes for a total amount of 31 MEUR.

Outlook 2025

  • Revenue growth of low single-digit percent in local currencies.
  • EBIT margin around 16 percent.
  • Investments around 450 MEUR excluding acquisitions.

CEO comment
Commenting on the Group’s performance, CEO Jes Munk Hansen says:

“ROCKWOOL continued to perform well in the first quarter, both on revenue and profitability, effectively navigating macroeconomic turbulence. Our business continues to show a positive development across all key indicators while we achieve good revenue growth across all regions except Eastern Europe. Investments in capacity are progressing with new sites in the United States, Romania, and India as well as other projects in various development phases in Europe. We expect to see continuous demand for our energy efficient, fire safe solutions in Europe as member states define their national renovation plans to meet the mandatory targets established by the Energy Performance of Buildings Directive”.

Further information:
Kim Junge Andersen, Chief Financial Officer
ROCKWOOL A/S
+45 46 56 03 00

Earnings call:
ROCKWOOL Group will host an earnings call on 20 May 2025 at 08.30 CET. The earnings call will be transmitted live on www.rockwool.com.

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.