Rockwool's unchanged margin outlook, smaller-than-expected revenue target hike disappoint
BUZZ-Rockwool's unchanged margin outlook, smaller-than-expected revenue target hike disappoint ** Shares in Rockwool ROCKb.CO fall 5.2% after the Danish mineral wool maker raised its 2026 revenue outlook less than investors had expected and left its margin goal unchanged
** Nordnet analyst Per Hansen says the upgrade was largely anticipated and investors had positioned for a larger increase following strong results from peers Saint-Gobain SGOB.PA and Kingspan KSP.I
** Rockwool raised its 2026 revenue growth outlook to 5%-7% from 3%-6%, while keeping EBIT margin guidance at 13%-14%
** "The absence of margin upgrade, which investors had largely expected, is a disappointment," J.P. Morgan says
** If the losses hold, the shares will see their worst trading day in five months
($1 = 0.8622 euros)
(Reporting by Jesus Calero)
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Rockwool's unchanged margin outlook, smaller-than-expected revenue target hike disappoint