Strong sales development with solid profitability driven by productivity and pricing improvements
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".
Jolanda Mulle, Customer Service Employee
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.
Hans Henrik Ter-Borch, Head of Product Management
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.
The Hackitt Review interim report makes promising noises, but public safety requires more than the “status-quo plus”, says ROCKWOOL International Senior Vice President, Gilles Maria. Dame Judith Hackitt rightly says in her interim report that the UK’s building regulations are not fit for purpose and that “regulations and guidance must be simplified and unambiguous”. We can all agree with that. More contentious, however, is how to achieve it.
Do you have experience within a waste management, recycling or product end of life capacity? Are you up for a new challenge at our growing, international and ambitious company? Welcome to Grodan…
With good design and materials, rapid urbanisation can be sustainable.