Rockwool makes upwards adjustment to expected profit margin

Rockwool’s Q1 earnings are a smidge better than analyst projections, while the margin is a clear and positive surprise against the disappointing top line.
Photo: Søren Osgood
Photo: Søren Osgood
by MARKETWIRE and FREDERIK TIMM BENTSEN, translated by christian radich hoffman

The insulation group Rockwool makes a slight upwards adjustment of its guidance to its margin of earnings before interests and taxes (EBIT). It is now expected at 10% instead of ranging between 8-10%.

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