Hedehusene, Denmark, 2011-05-24 12:57 CEST (GLOBE NEWSWIRE) --
Release no. 08 – 2011
Report on first quarter 2011
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
24 May 2011
Report on first quarter 2011 for Rockwool International A/S
Today the Board of Directors of Rockwool International A/S has approved the following report on first quarter 2011.
Highlights
* Sales in first quarter, at actual exchange rates, increased by 16% compared to the same period in 2010 of which 12% is organic growth.
* EBIT in first quarter amounted to DKK 104 million which is a decrease of DKK 42 million compared to the same period in 2010.
* The Group expects net sales at unchanged exchange rates to increase between 10 and 15% in 2011 compared to last year.
* The Group reaffirms its expectations of a result after minority interests of DKK 550 million.
* Capital expenditure excluding acquisitions is expected to be DKK 1,100 million.
Further information: Gilles Maria, Chief Financial Officer