Rockwool upgrades forecast after a positive start to the year

The first quarter improved more than Rockwool expected, prompting the company to increase its expectations for 2018.

Photo: PR Rockwool

Rockwool upgraded its 2018 forecast Monday after close of trading, following a stronger-than-expected first quarter.

The group, which produces insulation materials, now expects an EBIT of "approximately 13 percent" against a prior "at least 11 percent."

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