EnergyWatch

Rockwool surges in third quarter

The Danish mineral wool insulation producer has gone forward on all counts in the third quarter and is upgrading its expectations for sales for the whole year.

Rockwool has had a very lucrative third quarter with sales up 14.6 percent accounted in local currency. Earnings before interest and taxes (EBIT) as well as profit have shown even higher performance.

Revenue has landed at EUR 692 million against EUR 612 million from the same period last year. According to the mineral wool producer, that corresponds to an increase of 14.6 in local currency. Operating income is up 28 percent to EUR 97 million.

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