Hedehusene, Denmark, 2012-01-13 13:02 CET (GLOBE NEWSWIRE) --
Release no. 1 – 2012
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
Danish CVR no: 54879415
13 January 2012
Revised expectations for 2011 and outlook for 2012
In the third quarter report, the Rockwool Group expected a sales increase for the full year 2011 of 15% compared to 2010, and a result after tax and minority interests of approx. DKK 550 million.
Based on the registered level of sales in 2011, the sales increase is now expected at 17% and the result after tax and minority interests is now expected to be above DKK 600 million.
The healthy sales trend in Rockwool products has continued in the last months of 2011 which is due to the mild winter weather in Europe combined with strong underlying demand in core markets.
Despite the challenging macro-economic environment in especially Europe and the rather low visibility, the Rockwool Group expects continued growth in 2012. Thus, the Group expects sales in 2012 to increase by approx. 5% and the result after tax and minority interests to be kept at the 2011 level above DKK 600 million.
Further information: Gilles Maria
Chief Financial Officer
Rockwool International A/S
+45 46 56 03 00
