This is why ROCKWOOL products should be your preferred choice
Strong sales development with solid profitability driven by productivity and pricing improvements
“The strong first quarter performance is primarily driven by growing demand for our non-combustible insulation as well as our focus on productivity improvements and pricing. Owing to our broad-based manufacturing footprint, particularly in Europe, we are able to flexibly service growing customer demand, even if this results in somewhat increased logistics costs”.
First half sales growth and positive market conditions give confidence for an upgraded outlook for the year. CEO Jens Birgersson comments on the second-quarter results announced today: "Overall, we're pleased with our H1 and Q2 2017 results. For the half-year, net sales increased 5.0% and EBIT margin reached almost 10%. As expected, the sales price increases we're implementing are beginning to show. Pricing will continue to be a major focus going forward, and we see positive market developments in the second half of the year, including an increasing interest for fire safe stone wool products. With better visibility for the remainder of the year, we are also increasing our guidance for sales growth".
Our half-year results show solid improvement on both sales and profitability, underlining strengthened performance towards customers and growing market demand for our non-combustible insulation and other stone wool products. With sales up in all regions, ROCKWOOL’s 11,000 highly dedicated and committed employees are the driving force behind these positive results.
Committee urges government to expand ban to also include high-risk buildings such as hospitals, hotels, and student accommodations.
UK Department of Communities and Local Government issues post-Grenfell fire guidance. ROCKWOOL welcomes the guidance while raising concerns about the tests on which it’s based and advocating for changes in UK building regulations.
Our purpose is simple and compelling: To release the natural power of stone to enrich modern living.
What has changed to make homes safer from fire since Grenfell? Bluntly, almost nothing. Every piece of official government guidance that allows Grenfell-type facade materials on tall buildings is still in place.