EnergyWatch

Rockwool has to pay to maintain high growth

Rockwool is having difficulties keeping up with high demand in certain markets, which means the Danish insulation producer is obliged to pay increasing logistics costs for bringing its product to market.

Photo: PR Rockwool

Insulation producer Rockwool is no exception to Friday's discount madness. In any case, the company's equity fell by almost 10 percent ahead of noon, despite the fact that Rockwool delivered a third quarter report in which revenue landed at EUR 692 million against EUR 612 million from the same period last year.

The bottom line also grew to EUR 76 million, giving a profit margin of 14.0 percent against 12.4 percent from Q3 in 2017.

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