ROCKWOOL A/S

Latest Results (24.10.2025):

ROCKWOOL A/S reported its financial results for the first half of 2025, demonstrating resilience despite challenging market conditions. The company achieved a 1% increase in revenue to €1,947 million compared to the previous year, while earnings metrics saw a slight decline due to unfavorable mixes and higher investment-related depreciations.

Revenue Growth

In H1 2025, ROCKWOOL A/S achieved a revenue of €1,947 million, marking a 1% increase both in local currencies and reported figures compared to H1 2024. The 2024 acquisitions positively impacted revenue by two percentage points, with strong performances in North America and the technical insulation segment.

EBITDA and EBIT

EBITDA for H1 2025 stood at €450 million, reflecting a margin of 23.1%, which is a decrease of 1.2 percentage points from the previous year. EBIT decreased by 10% to €307 million, with the EBIT margin falling to 15.8%, down 1.9 percentage points compared to H1 2024, primarily due to higher depreciation expenses from investments.

Investments

ROCKWOOL A/S invested a total of €187 million in H1 2025. Major projects included expanding production capacity in Romania, establishing a new factory in Poland, and enhancing digitalization efforts. These investments are aimed at supporting long-term growth and operational efficiency.

Cash Flow and Shareholder Activities

Cash flow from operations before financial items and tax was €323 million in H1 2025, down from €394 million the previous year. Additionally, the company repurchased 1,859,800 B shares for a total of €70 million as part of its share buy-back programme.

Outlook

ROCKWOOL A/S anticipates revenue to remain steady with last year's levels in local currencies and expects the EBIT margin to stay below 16% for the full year 2025. The company remains committed to investing in capacity expansion, decarbonization, and digitalization to drive future growth.