ROCKWOOL Group reports record sales and earnings for first half of 2024

Strong volume growth and efficient operations drive financial performance

ROCKWOOL Group today released its financial results for the first half of 2024, reporting record sales and earnings.

Key highlights

• Sales in H1 2024 reached €1,928 million, an increase of 12% compared to the same period in 2023.
• Operating profit before depreciation (EBITDA) amounted to €354 million, an increase of 18% year-over-year.
• Net profit for the period was €238 million, a 22% increase compared to H1 2023.
• ROCKWOOL Group will propose an interim dividend of €1.08 per share to its shareholders.

The company's strong financial performance was driven by volume growth across all regions, particularly in Europe and North America. Efficient operations and cost control measures also contributed to the positive results.

Commenting on the results, ROCKWOOL Group CEO Jens Birgersson said: "We are pleased to report another period of strong financial performance. The team's focus on delivering sustainable solutions to our customers, combined with efficient operations, has enabled us to achieve these record results."

ROCKWOOL Group is a global leader in the production of stone wool insulation and other construction materials. The company's products are used in a wide range of applications, including residential and commercial buildings, infrastructure projects, and marine and offshore installations.