Earnings call on full-year results 2022

Thursday, 9 February 11:00 CET 

Presented by

Listen to earnings call

Chairman Thomas Kähler and CEO Jens Birgersson, Jens, Thomas
To our colleagues, thank you for your dedication, commitment, and hard work again this past year. And to our customers and suppliers, thank you for entrusting us to help meet your needs and helping us to meet ours.

Thomas Kähler & Jens Birgersson

Download our 2022 reports

Sales
0

up 23% in local currencies

EBIT margin
0

down from 13.0% last year

ROIC
0

down from 18.8% last year

“ROCKWOOL achieved record sales in 2022 led by strong market demand during the first half and significant price increases throughout the year. Growing concerns over inflation, higher interest rates, and the war in Ukraine led to a slow-down in most businesses…We adjusted existing capacity to align with market demand, while continuing to invest in new capacity and sustainability during the year”.

Thomas Kähler & Jens Birgersson

Download Report

We expect the challenging macroeconomic environment to continue in 2023, with demand softening and uncertainty remaining high. On the positive side, the policy environment for energy efficiency and building renovation is increasingly favourable. We expect to see a gradual implementation of governmental and EU support schemes that deliver the required energy efficiency in accordance with the climate targets for 2030 and 2050.

plat dak, tauroxx, rhinoxx, schunk xycarb, fri, roofer, sxt
Sales decline up to
0

in local currencies

EBIT margin
0

in the range of

Investments
0

around, excl. acquisitions

Record high sales with 23 percent growth in local currency. Profitability remained double-digit despite soaring inflation during the year, especially in the third quarter, achieving a 10.3 percent full-year EBIT margin. Based on our commitment to support Ukraine with relief aid and reconstruction activities, spent and accrued costs of 13 MEUR were recognised in the fourth quarter.

Cadiz Sail Grand Prix, SailGP, F50 catamaran, Denmark SailGP Team
Sales
0

up 23% in local currencies

EBIT margin
0

down from 13.0% last year

ROIC
0

down from 18.8% last year

Thomas Harder, Director of Group Treasury & Investor Relations

Thomas Harder

Director,
Group Treasury & Investor Relations, ROCKWOOL Group