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High construction activity resulted in solid Q3 sales growth, with soaring energy prices requiring additional price increases
Sales in Q3 2021 reached 797 MEUR, a growth of 18 percent in local currencies compared to last year. EBIT in Q3 2021 was 13.2 percent, down 1.7 percentage points for the same period in 2020.
Increasing building renovation rates is central to achieving net-zero carbon targets
Increasing building renovation rates is central to achieving net-zero carbon targets.
ROCKWOOL expands production capacity in Russia, lowers carbon emissions
The new production line at the Vyborg, Russia facility will use ROCKWOOL’s low-carbon electric melting technology, cutting the facility’s carbon emissions in half.
ROCKWOOL receives EY sustainability award for long term value creation
The award recognises ROCKWOOL for contributing to reducing the building sector’s climate impact and for acting decisively to accelerate the green transition.
Broad based growth, with strong sales and earnings in an upbeat market
Second quarter net sales grew 35 percent in local currencies, with EBIT margin up 4.3 percentage points. For the full year, net sales are expected to grow around 17 percent, with an EBIT margin above 13 percent.
ROCKWOOL Group upgrades expected net sales growth and earnings margin for full-year 2021
ROCKWOOL Group upgrades expected net sales growth and earnings margin for full-year 2021
René Tronborg
Media Relations Manager, Denmark
ROCKWOOL Group
