Rockwool upgrades guidance

The Danish insulation producer books decent preliminary figures for the first quarter.

Photo: PR / Rockwool International A/S

Rockwool upgrades its guidance for 2021 upon preliminary figures for the first quarter.

The company now targets revenue growth by 10-12 percent in local currency against the previously estimated 3-5 percent. Guidance for its EBIT margin is upgraded to "around 12 percent" from the previous "around 11 percent".

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