Rockwool Q3 Report 2023
- Sales in the first nine months of 2023 reached 2686 MEUR, a decrease of six percent in local currencies and nine percent in reported figures compared to last year, driven by lower sales in many European markets.
- Sales in Q3 2023 reached 903 MEUR, a decrease of four percent in local currencies and 11 percent in reported figures compared to last year.
- EBITDA in the first nine months of 2023 reached 577 MEUR, up 22 percent, yielding a 21.5 percent EBITDA margin. Sales prices were maintained while energy prices eased, bringing earnings back to a normalized level.
- EBITDA in Q3 2023 reached 219 MEUR, an increase of 68 percent compared to the unsatisfactory low result last year. The EBITDA margin was 24.3 percent.
- EBIT in the first nine months of 2023 increased 27 percent to 383 MEUR, with a 14.3 percent EBIT margin, including the 27 MEUR donations to the Foundation for Ukrainian Reconstruction*.
- EBIT in Q3 2023 increased 115 percent to 146 MEUR, with a 16.2 percent EBIT margin, up 9.4 percentage points.
