Denmark's Rockwool Q2 revenue rises on volume growth; lifts 2026 outlook

Rockwool A/S

19/08/2026 09:17

Overview
Denmark insulation materials maker's Q2 revenue grew 10% in local currencies to record high
Q2 EBIT rose 3% to 129 mln EUR with margin at 12.9%
Company raised 2026 revenue growth outlook to 5-7% from 3-6%

Outlook
Rockwool raises 2026 revenue growth outlook to 5-7% from 3-6%
Company lifts 2026 investment forecast to around 750 mln EUR from about 700 mln EUR
Rockwool maintains 2026 EBIT margin outlook at 13-14%

Result Drivers
VOLUME GROWTH - Co said Q2 revenue was driven by volume growth and market share gains
PRICE INCREASES - Sales price increases were introduced to compensate inflation on energy and raw materials
NORTH AMERICAN CONSTRAINTS - Growth was partly constrained by sourcing limitations in North America

Company press release: ID:nGNE5sLzq8

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EBIT
 
EUR 129 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 5 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the construction materials peer group is "buy"
Wall Street's median 12-month price target for Rockwool A/S is DKK237.50, about 6.2% above its August 18 closing price of DKK223.60
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 13 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.)