Release no. 10 - 2009
Report on the first half of 2009
To NASDAQ OMX Nordic Exchange Copenhagen A/S
This is a translation of the Danish version.
Only the Danish version is legally binding.
ROCKWOOL INTERNATIONAL A/S
Hovedgaden 584, Entrance C
DK-�2640 Hedehusene
Phone: +45 4656 0300
www.rockwool.com
27 August 2009
Report on the first half of 2009 for Rockwool International A/S
Today the Board of Directors of Rockwool International A/S has approved the
following report on the first half of 2009.
Highlights
* Sales in the first half year decreased by 21% compared to the same period in
2008 or 17% based on comparable exchange rates.
* EBIT in the first half of 2009 amounts to DKK 177 million which is a decrease
of DKK 596 million compared to the same period in 2008.
* An additional cost reduction programme has been initiated which will generate
DKK 250 million savings when fully executed mid 2010. Restructuring and
reorganisation costs are expected to reduce the net result by DKK 85 million in
2009.
* As the market is deteriorating more than anticipated, the total net sales for
the year 2009 are now expected to decrease by 22% (or 18% based on comparable
exchange rates).
* The net result after minority interests for 2009 is now expected to be DKK
200 million including restructuring and reorganisation costs.
* Capital expenditure is now expected to reach DKK 1,000 million excluding
acquisitions.
Further information: Gilles Maria, Chief Financial Officer
