Brief: Rockwool Sees EBIT Margin Of About 13% In 2024

Rockwool A/S

07/02/2024 12:40

Feb 7 (Reuters) - Rockwool A/S  ROCKb.CO :
    * PROPOSED DIVIDEND PER SHARE IS 43 DKK, AN INCREASE OF 8
DKK PER
SHARE FROM 2023
    * OUTLOOK 2024: SALES IS EXPECTED TO BE ROUGHLY AT SAME
LEVEL AS
IN 2023 IN LOCAL CURRENCIES
    * SHARE BUY-BACK PROGRAMME UP TO AN AMOUNT OF 160 MEUR WILL
COMMENCE ON 8 FEBRUARY 2024
    * OUTLOOK 2024: EBIT MARGIN AROUND 13 PERCENT
    * OUTLOOK 2024: INVESTMENT LEVEL AROUND 375 MEUR, EXCLUDING
ACQUISITIONS
    * PROFITABILITY SHOULD REMAIN SOLID AT AROUND 13 PERCENT
EBIT
MARGIN
    * WE EXPECT TO SEE CONTINUED LOW CONSTRUCTION ACTIVITY
LEVELS IN
KEY MARKETS

Source text for Eikon:  ID:nGNE10HngF 
Further company coverage:  ROCKb.CO 

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