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.
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.
The award recognises ROCKWOOL for contributing to reducing the building sector’s climate impact and for acting decisively to accelerate the green transition.
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