Denmark's Rockwool Q1 revenue stable, raises 2026 revenue growth outlook

Rockwool A/S

11/05/2026 12:41

Overview

Denmark insulation producer's Q1 revenue stable in reported figures, up 2.3% in local currencies

Q1 EBIT margin fell 2.2 points to 13.2%, impacted by higher costs and production issues

Company raised 2026 revenue growth outlook to 3-6% and investment forecast to 700 mln EUR

Outlook

Rockwool raises 2026 revenue growth outlook to 3-6% from 2-4%

Company lifts 2026 investment forecast to around 700 mln EUR (excluding acquisitions) from 650 mln EUR

Rockwool maintains 2026 EBIT margin outlook at 13-14%

Result Drivers

HIGHER INPUT COSTS - Co said elevated oil, gas, and logistics costs weighed on margins in Q1

PRODUCTION DISRUPTIONS - Q1 margin was affected by a production incident in Switzerland and a planned production stop in the Netherlands

DEMAND RECOVERY - Volume demand picked up from March after a slow start to the year due to weather in Europe

Company press release: ID:nGNE3WhRWV

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 906 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 7 "hold" and 2 "sell" or "strong sell"

Wall Street's median 12-month price target for Rockwool A/S is DKK232.00, about 23.9% above its May 8 closing price of DKK187.30

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)