Rockwool Half-Year Report 2023
- Sales in H1 2023 reached 1783 MEUR, a decrease of seven percent in local currencies and eight percent in reported figures compared to last year, driven by lower sales in many European markets.
- Sales in Q2 2023 reached 917 MEUR, a decrease of seven percent in local currencies and 10 percent in reported figures compared to last year.
- EBITDA in H1 2023 reached 358 MEUR, up four percent, yielding a 20.1 percent EBITDA margin. Sales prices were maintained while energy costs decreased bringing earnings back to a normalized and satisfactory level.
- EBITDA in Q2 2023 reached 194 MEUR, an increase of three percent. The EBITDA margin was 21.2 percent.
- EBIT in H1 2023 increased two percent to 237 MEUR, with a 13.3 percent EBIT margin. Excluding the 27 MEUR donations to the Foundation for Ukrainian Reconstruction*, EBIT margin in H1 2023 was 14.8 percent.
- EBIT in Q2 2023 increased one percent to 133 MEUR, with a 14.5 percent EBIT margin, up 1.6 percentage points. Excluding the 13 MEUR donations to the Foundation for Ukrainian Reconstruction in Q2, the EBIT margin was 16.0 percent.
