ROCKWOOL posted a strong start to 2025, reporting a 4% increase in revenue for Q1, reaching 959 million EUR. The growth was consistent in both local currencies and reported figures. Notably, two percentage points of this rise stemmed from acquisitions completed in October 2024.
Earnings remained robust, with EBITDA at 223 million EUR, resulting in a 23.2% EBITDA margin—just 0.3 points below last year. Stable sales prices and input costs contributed to the continued earnings strength.
EBIT climbed 1% year-over-year to 154 million EUR, although the EBIT margin slightly declined to 16%, primarily due to increased depreciation tied to recent investments. The acquisitions had minimal effect on the EBIT margin.
Capital investments reached 93 million EUR in the quarter, focusing on electrifying existing production lines, expanding capacity in Romania, advancing digitalisation efforts, and establishing a new facility in the U.S.
Operational cash flow before financial items and tax stood at 126 million EUR, compared to 135 million EUR in Q1 2024. Additionally, the company repurchased 84,680 B shares worth 31 million EUR as part of its ongoing buy-back programme.
Shareholders have the option to convert A shares into B shares from 19 May to 4 June 2025. Details are available on the ROCKWOOL investor website.
2025 Outlook
ROCKWOOL projects low single-digit revenue growth in local currencies and expects to maintain an EBIT margin of around 16%. Total investments are forecasted at approximately 450 million EUR, excluding acquisitions.
CEO Perspective
CEO Jes Munk Hansen expressed confidence in the company’s direction, stating,
“ROCKWOOL delivered a strong Q1 performance amid ongoing macroeconomic challenges. Revenue growth was broad-based, excluding Eastern Europe. Our strategic investments in capacity—including sites in the U.S., Romania, and India—are on track. We anticipate continued demand for our fire-safe, energy-efficient solutions as European nations implement national renovation plans under the Energy Performance of Buildings Directive.”
Looking for more updates on financial innovation and revenue-driven technology?
Visit RevTech News for expert insights and the latest trends.
News Source: Finance.yahoo.com