ROCKWOOL releases Q3 results
Strong results in a depressed construction market
Satisfactory first quarter earnings in a difficult market with low construction activity
Q3 net sales recover well with strong profitability
The ROCKWOOL Group starts to reap benefits from the Business Transformation Programme just a few months after launch. The operating cash flow increased 45% and the operating result 6% in the newly published 2015 annual accounts
Earlier this year, Corporate Knights ranked ROCKWOOL #16 among the world’s 100 most sustainable companies and #1 among building products companies.
Agile operations reduced impact from decreased sales, preserving double-digit profitability
Sales in Q3 2021 reached 797 MEUR, a growth of 18 percent in local currencies compared to last year. EBIT in Q3 2021 was 13.2 percent, down 1.7 percentage points for the same period in 2020.
The Danes – who finished in second place overall in Cádiz – dominated the fleet races despite light winds, to book their place in the final race
ROCKWOOL reports satisfactory annual results in a challenging market and commits to net-zero GHG emissions by 2050.