- Publication year : 2024
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ROCKWOOL Group announced its financial results for the third quarter of 2024. Revenue was €957 million (approximately ¥153 billion, based on an exchange rate of €1 = ¥160), representing a 5% increase year-on-year in local currency terms. On a reported basis, it increased by 6%. The EBIT margin was 18.1%, up by 1.9 percentage points. "As I deepen my understanding of our organization and customers, I am continually impressed by the quality of our team, technology, and our ability to respond to the market under changing circumstances. The group's sales and profitability performance in the third quarter and for the year is further evidence of this. In our key markets in Europe and North America, sales volume growth has been strong, driving revenue up. Profitability is also being driven by the increase in sales volume, along with a combination of overall stable selling prices and high productivity. While new residential construction activity across Europe remains subdued, the renovation market is more resilient. We continue to invest in business expansion and are optimistic about the future." - CEO Jes Munk Hansen
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Free membership registrationWe will be exhibiting at the Japan Home Show & Building Show 2024, held at Tokyo Big Sight from November 20 to 22. Building Materials and Components Zone Booth Location: 2J-10 (East Hall 2) Content: Trærock - Wooden Construction Fire-Resistant and Insulating Exterior Skin System Our booth will allow you to see, touch, and experience the original Japanese product, Trærock, directly. We will also hold a seminar! Date and Time: November 22, 12:30-13:00 Venue: Seminar C (East Hall 2) Seminar Title: "Insulation" Alone Cannot Protect. The "Future Form" of Wooden Construction: Fire-Resistant and Insulating Exterior Skin System Made with Stone Wool Pre-registration is required for the seminar. You can register from the official site: https://www.jma.or.jp/homeshow/tokyo/ We look forward to welcoming you at our booth. Japan Home Show & Building Show This exhibition showcases a wide range of products related to architecture, from residential to commercial facilities and urban development, including building materials, interior products, structural materials and components, equipment, and services.
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Free membership registrationJes Munk Hansen has been appointed as the new CEO of the ROCKWOOL Group. He has uploaded an introductory video himself. The video has Japanese subtitles and English audio. https://youtu.be/PEkCwscdU8E
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Free membership registrationROCKWOOL Group announced its financial results for the second quarter of 2024. Revenue reached €1.01 billion (approximately ¥162 billion, based on an exchange rate of €1 = ¥160), representing a 10% increase in local currency compared to the second quarter of 2023. The EBIT margin was 18.7%, an increase of 4.2 percentage points from the previous year. "We are pleased with the performance of sales and earnings in the second quarter, with revenues reaching an all-time high. This result was driven mainly by increased sales volumes in multiple regions, stable prices, and very efficient operations. The growth in sales volumes was particularly strong in Eastern Europe, North America, and South Asia. While new construction in Western Europe continues to face challenges, the renovation and industrial sectors performed better than new construction. Overall, sales were strong in Germany, Italy, Spain, and Sweden, but not as much in France and the UK," said CEO Jens Birgersson. Full report here (in English): www.rockwool.com/group/about-us/news/2024/20240522-q2-results/
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Free membership registrationROCKWOOL Japan LLC has obtained a one-hour fire-resistance structural certification (Certification Number FP060CN-1053) for square steel pipe columns (150x150x9mm or larger) and round steel pipe columns (φ191x9mm or larger). Until now, we have been manufacturing and selling the fire-resistant wrapping material "Tekkaroll" using the certification of the company from which we acquired the business for fireproofing steel structures. With the new certification obtained, we can further expand our sales. The wrapping fireproofing material has the advantage of generating significantly less dust and noise during and after construction compared to sprayed fireproofing materials, and it can be installed concurrently with other construction work. Moving forward, we aim to continue obtaining fire-resistance structural certifications for "Tekkaroll" and increase the number of certifications to expand our sales in the market.
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Free membership registrationWe will be exhibiting at the Sustainable Plant EXPO 2024, which will be held from July 24 (Wednesday) to July 26 (Friday), 2024. ◆ Venue: Tokyo Big Sight ◆ Exhibition Booth Number: 7C-01 (East Hall 7) We look forward to your visit after pre-registration. We will introduce industrial insulation products using the new water-repellent technology WR-Tech. Corrosion under insulation (CUI) is one of the biggest maintenance challenges in the industrial sector, especially in the oil and gas industry. To combat this issue, the ROCKWOOL Group has developed the innovative water-repellent technology "WR-Tech." Overview of WR-Tech: - Minimum water absorption rate: Exceeds the industry's strictest water absorption standards (EN13472) and achieves 1/5 of that standard. - Maintains water repellency at high temperatures: Up to 250°C. - High drying capability: The open structure of ROCKWOOL's stone wool insulation facilitates easy evaporation. - Awarded the 2019 Corrosion-related Innovation of the Year by the Material Performance magazine. - Conducted practical tests at a factory producing world-renowned chemicals, receiving high praise.
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Free membership registrationROCKWOOL Group has announced its financial results for the first quarter of 2024. Revenue was 918 MEUR (153.3 billion yen, based on an exchange rate of 1 euro = 167 yen), representing a 6% increase in local currency compared to the first quarter of 2023. The EBIT margin was 16.5%, an increase of 4.5 percentage points year-on-year. Revenue in the first quarter has shown a steady recovery. Full report here (in English): https://www.rockwool.com/group/about-us/news/2024/ROCKWOOL-Q1-financial-results/
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Free membership registrationTrylock Practical Specification House Open House in Otsu City, Shiga Prefecture Stone wool manufactured from domestically produced basalt has been used in a house in Otsu City, Shiga Prefecture. This wooden single-family home features earthen walls, with the natural wood structure exposed from the interior. Would you like to see the "future form" of wooden construction where all parts of the roof, walls, and floors utilize a stone wool fire-resistant and insulating exterior skin system? Date: Saturday, May 11, 2024 Time: 1st session: 9:00 am - 10:00 am 2nd session: 11:00 am - 12:00 pm 3rd session: 1:30 pm - 2:30 pm 4th session: 3:30 pm - 4:30 pm How to participate: Form https://forms.gle/LfBTxMSdQDmJbQE88 *First come, first served. (Registration will close once capacity is reached) Deadline: Friday, May 3, 2024 Those who apply will be informed of their participation time and the site address later. <Required Information> Name, Company Name, Position, Phone Number, Desired Viewing Time, Reply Email Address
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Free membership registrationThank you very much for your continued support. We will be closed for the Golden Week holiday during the following period. 【Holiday Schedule】 From May 3 (Friday) to May 6 (Monday) We will resume normal operations on May 7 (Tuesday). 【Order Acceptance Deadline and Delivery Dates】 Due to high shipping volume around the Golden Week, please contact us as early as possible. April 30 - May 2: Pickup: ✓ Delivery: ✓ May 7: Pickup: ✓ Delivery: × May 8: Pickup: ✓ Delivery: ✓ ● Direct Truck Delivery Delivery dates of April 30 - May 2: Order acceptance deadline is April 23 at 10:00 AM Delivery dates of May 8 and 9: Order acceptance deadline is April 26 at 10:00 AM *The above schedule does not guarantee truck arrangements. For more details, please contact your sales representative or customer service. Kanto Branch Phone Number: 048-951-2400
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Free membership registrationROCKWOOL Group announced its financial results for 2023. Revenue reached 3,620 MEUR (580.3 billion yen, based on an exchange rate of 160 yen per euro), representing a 4% decrease in local currency terms and a 7% decrease on a reported basis. EBIT for the fiscal year 2023 increased by 29% to 518 MEUR (83 billion yen), with an EBIT margin of 14.3%. This includes a donation of 27 MEUR (4.3 billion yen) to the Ukraine Reconstruction Fund, which was approved by shareholders in 2023. The financial report can be downloaded (in English) from the following link: https://www.rockwool.com/group/about-us/investors/financial-reports/annual-report-highlights-2023/
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