Annual Report 2025
ROCKWOOL delivered a solid performance in 2025, even though the broader economic and political environment was challenging. Our colleagues stayed focused on what we can control: strengthening customer relationships, managing costs and pricing, and pushing ahead with long-term investments in capacity and decarbonisation.
Revenue in 2025 was broadly in line with 2024 in local currencies, with a one percent overall growth, slightly above expectation due to a strong finish of the year. Revenue grew three percent in local currencies and EBIT margin landed at 14.0 percent, excluding Russia impacts. We consider this to be a good result given the challenging market conditions in 2025.
In 2026, we expect a slightly positive but varied outlook, with low overall construction activity in Europe, continued pressure in parts of Eastern Europe and Canada and solid long-term growth potential in the United States. We also foresee selective opportunities driven by EU renovation and demand for fire-safe insulation.
With this in mind – and recognising that it is still early in the construction season – revenue in 2026 is expected to grow between 2-4 percent in local currencies.
