Hedehusene, Denmark, 2015-02-19 17:34 CET (GLOBE NEWSWIRE) --
Release no. 02 – 2015
To NASDAQ Copenhagen
ROCKWOOL International A/S
Hovedgaden 584, Entrance C
DK-�2640 Hedehusene
Phone: +45 4656 0300
www.rockwool.com
Danish CVR no: 54879415
19 February 2015
Annual Report 2014 for ROCKWOOL International A/S
The Board of ROCKWOOL International A/S has at its meeting today considered and approved the Annual Report for the financial year that ended 31 December 2014.
Highlights
* Net sales increased by 8.9% and reached EUR 2,180.4 million. Excluding the negative currency effect of 3.5% sales would have increased by 12.4%. Based on same structures and exchange rates the like-for-like sales increased by 5.1%.
* EBIT reached EUR 161.4 million corresponding to 7.4% EBIT ratio.
* Investments and acquisitions totalled EUR 257.3 million.
* Cash flow from operations amounted to EUR 205.5 million – a decrease of 18.7% on 2013.
* The Group expects net sales growth for 2015 to be slightly positive even when including a negative exchange rate effect of 2.5% based on the exchange rates as of today.
* EBIT is expected to end around EUR 150 million corresponding to an EBIT ratio around 7%. This includes a negative currency effect which – based on the exchange rates as of today – amounts to EUR 15 million.
* 2015 investment level excluding acquisitions is expected to be around EUR 180 million.
* The proposed dividend is increased from DKK 10.40 to DKK 11.30 per share.
Further information: Gilles Maria Chief
Financial Officer
ROCKWOOL International A/S
+45 46 56 03 00
