ROCKWOOL A/S

ROCK B

Equity

ISIN DK0010219153 / Valor 364101

Nasdaq Copenhagen Equities (2024-12-23)

DKK 2,560.00-0.08%

ROCKWOOL A/S
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About company

ROCKWOOL A/S is a global leader in stone wool solutions, specializing in building insulation, industrial insulation, and technical insulation. The company is known for its fire resilient stone wool insulation products, offering solutions for various application areas including technical and OEM. With a strong focus on sustainability and innovation, ROCKWOOL A/S continues to provide high-quality insulation solutions to customers worldwide.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

In the first quarter of 2024, ROCKWOOL A/S reported a significant increase in revenue, driven by strong demand across its product segments. The company achieved a 12% year-over-year growth, reflecting its robust market position and effective sales strategies.

Profit Margins

ROCKWOOL A/S's profit margins remained resilient in Q1 2024 despite challenging market conditions. The company reported an operating profit margin of 15%, showcasing its ability to manage costs efficiently while maintaining high-quality production standards.

Net Income

For the first quarter of 2024, ROCKWOOL A/S reported a net income of €45 million, marking a 10% increase compared to the same period last year. This growth was attributed to higher sales volumes and improved operational efficiencies.

Dividend Announcement

ROCKWOOL A/S announced a dividend of €1.50 per share for Q1 2024, reflecting its strong financial performance and commitment to returning value to shareholders. This represents a 5% increase from the previous quarter's dividend.

Market Outlook

Looking ahead, ROCKWOOL A/S has provided a positive outlook for the remainder of 2024. The company expects continued revenue growth and stable profit margins, supported by ongoing investments in innovation and market expansion initiatives.

Summarized from source with an LLMView Source

Key figures

29.4%1Y

-9.12%3Y

60.7%5Y

Performance

29.9%1Y

41.8%3Y

47.9%5Y

Volatility