Reinforcing our growth path
Overall market and macroeconomic conditions in 2017 were positive for ROCKWOOL and the construction industry, particularly in the United States and key European markets. After a couple of difficult years in Russia we are pleased to see a return to growth. Consumer confidence, investment levels, and employment continued their upswing, contributing to higher levels of construction activity.
And notwithstanding the U.S. withdrawal from the Paris climate agreement, there remains deep and broad political support for reaching ambitious climate targets, in which energy efficiency in buildings plays an increasingly important role. And fire safety took on even greater prominence in 2017, following the tragic Grenfell Tower fire in London.