Hedehusene, Denmark, 2016-01-12 08:07 CET (GLOBE NEWSWIRE) --
Release no. 1 – 2016
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
12 January 2016
Upward adjustment of 2015 EBIT
In the third quarter report of 2015 published on 20 November 2015, the ROCKWOOL Group announced a full year expectation of sales increase of 1-2% with no material exchange rate effect and a full-year EBIT result excluding write-downs and redundancy costs above EUR 150 million.
Thanks to continued efficiency improvements from the Group’s Transformation program and lower input costs on key items such as energy, raw materials and transport, the Group now expects the EBIT result excluding write-downs and redundancy costs to end slightly above EUR 170 million. Sales in the fourth quarter was up 2.2% meaning that reported full year 2015 sales will end with a 1.2% increase including a negative full-year currency effect of around 1%.
The final figures will be published on 26 February at which time also the expectations for 2016 will be presented.
Further information: CEO Jens Birgersson
ROCKWOOL International A/S
+45 46 56 03 00
