Rockwool made more gains than expected in this year's first quarter. The insulation company booked sales of EUR 534 million, growth of 8 percent year-on-year, while the result grew EUR 4 million before taxes to EUR 44 million with a profit margin of 8.6 percent, compared to 8.4 percent for the same period last year.
Rockwool writes that a particular and important reason for the rise in revenue is "positive calendar impact of around 2%". In other words, there were more working days in the first three months of 2017 than in 2016, despite it being a leap year.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.