View ValuationRockwool 향후 성장Future 기준 점검 3/6Rockwool (는) 각각 연간 32.8% 및 3.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 49.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.7% 로 예상됩니다.핵심 정보32.8%이익 성장률49.11%EPS 성장률Building 이익 성장11.9%매출 성장률3.7%향후 자기자본이익률12.74%애널리스트 커버리지Good마지막 업데이트21 May 2026최근 향후 성장 업데이트공시 • May 12Rockwool A/S Updates Earnings Guidance for the Year 2026Rockwool A/S updated earnings guidance for the year 2026. For the year, the company expects revenue growth to be between 3% to 6%, changed from previously between 2% to 4%. EBIT margin is maintained between 13% to 14%.After a slow start of the year, affected by the weather in Europe, volume demand has picked up from March into the second quarter, and company expects the higher revenue level to continue in the second half of the year.공시 • May 11Rockwool A/S Revises Earnings Guidance for the Year 2026dRockwool A/S revised earnings guidance for the year 2026. Based on this, the company forecast full-year revenue growth to be between 3%-6%, changed from previously between 2%-4%.공시 • Nov 12Rockwool A/S Adjusts Earnings Guidance for the Full-Year 2025Rockwool A/S adjusted earnings guidance for the full-year 2025. For the period, the company expects an EBIT margin to be between 14% and 15%, compared to the previous outlook of an EBIT margin below 16%. Revenue is still expected to be at level with last year.공시 • Aug 21Rockwool A/S Revises Earnings Guidance for the Year 2025Rockwool A/S revised earnings guidance for the year 2025. For the year, the company expects that its full-year revenue will be at level with last year in local currencies compared to the previous outlook of a low single-digit revenue growth in local currencies. Based on the first half of 2025 earnings level and the ongoing efforts, the company forecast an EBIT margin below 16% compared to the previous outlook of an EBIT margin around 16%.공시 • Jul 19Rockwool A/S Provides Earnings Guidance for the Year 2024Rockwool A/S provided earnings guidance for the year 2024. For the year, the company expects sales remains unchanged with an expected growth of around mid-single-digit percent in local currencies.공시 • May 16Rockwool A/S Provides Earnings Guidance for the Year 2024Rockwool A/S provided earnings guidance for the year 2024. For the year, the company expects Sales growth of around mid-single-digit percent in local currencies. EBIT margin around 15%.모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Claes Westerlind was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • May 12Rockwool A/S Updates Earnings Guidance for the Year 2026Rockwool A/S updated earnings guidance for the year 2026. For the year, the company expects revenue growth to be between 3% to 6%, changed from previously between 2% to 4%. EBIT margin is maintained between 13% to 14%.After a slow start of the year, affected by the weather in Europe, volume demand has picked up from March into the second quarter, and company expects the higher revenue level to continue in the second half of the year.공시 • May 11Rockwool A/S Revises Earnings Guidance for the Year 2026dRockwool A/S revised earnings guidance for the year 2026. Based on this, the company forecast full-year revenue growth to be between 3%-6%, changed from previously between 2%-4%.공시 • Feb 04+ 1 more updateRockwool A/S Proposes DividendRockwool A/S proposed dividend per share is 4.15 DKK, maintaining a payout ratio of 33%, when adjusting for the Russian result and value adjustment.공시 • Dec 06Rockwool A/S, Annual General Meeting, Apr 15, 2026Rockwool A/S, Annual General Meeting, Apr 15, 2026.공시 • Dec 05+ 3 more updatesRockwool A/S to Report First Half, 2026 Results on Aug 19, 2026Rockwool A/S announced that they will report first half, 2026 results on Aug 19, 2026공시 • Nov 12Rockwool A/S Adjusts Earnings Guidance for the Full-Year 2025Rockwool A/S adjusted earnings guidance for the full-year 2025. For the period, the company expects an EBIT margin to be between 14% and 15%, compared to the previous outlook of an EBIT margin below 16%. Revenue is still expected to be at level with last year.공시 • Aug 21Rockwool A/S Revises Earnings Guidance for the Year 2025Rockwool A/S revised earnings guidance for the year 2025. For the year, the company expects that its full-year revenue will be at level with last year in local currencies compared to the previous outlook of a low single-digit revenue growth in local currencies. Based on the first half of 2025 earnings level and the ongoing efforts, the company forecast an EBIT margin below 16% compared to the previous outlook of an EBIT margin around 16%.공시 • Apr 03+ 1 more updateRockwool A/S Appoints Claes Westerlind as New Member of the Board of DirectorsRockwool A/S announced that at the annual general meeting held on 2 April 2025, approved the appointment of Claes Westerlind as new member of the board of directors.공시 • Feb 18Rockwool A/S announces Annual dividend, payable on April 07, 2025Rockwool A/S announced Annual dividend of DKK 63.0000 per share payable on April 07, 2025, ex-date on April 03, 2025 and record date on April 04, 2025.공시 • Feb 08Rockwool A/S (CPSE:ROCK B) announces an Equity Buyback for 900,000 shares, for MUR 150 million.Rockwool A/S (CPSE:ROCK B) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 Class B shares for MUR 150 million. The shares may not be purchased at a price that exceeds the highest of the share price of the most recent independent trade or the highest independent buyer’s bid in the Nasdaq Copenhagen market at the time of trading. The shares repurchased will be cancelled. The repurchase program will continue until February 5, 2026.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Dec 10+ 4 more updatesRockwool A/S, Annual General Meeting, Apr 02, 2025Rockwool A/S, Annual General Meeting, Apr 02, 2025.공시 • Oct 25Rockwool A/S (CPSE:ROCK B) acquired Wetherby Building Systems Ltd.Rockwool A/S (CPSE:ROCK B) acquired Wetherby Building Systems Ltd on October 25, 2024. Rockwool A/S (CPSE:ROCK B) completed the acquisition of Wetherby Building Systems Ltd on October 25, 2024.Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: €6.60 (vs €4.70 in 2Q 2023)Second quarter 2024 results: EPS: €6.60 (up from €4.70 in 2Q 2023). Revenue: €1.01b (up 10% from 2Q 2023). Net income: €142.0m (up 39% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Jul 19Rockwool A/S Provides Earnings Guidance for the Year 2024Rockwool A/S provided earnings guidance for the year 2024. For the year, the company expects sales remains unchanged with an expected growth of around mid-single-digit percent in local currencies.공시 • Jun 26Rockwool A/S Elects Janni Munkholm Nielsen as Employee Representative of the Board of DirectorsThe Group-elected employee representative of the Board of Directors in ROCKWOOL A/S. The employees of ROCKWOOL have chosen that Janni Munkholm Nielsen shall represent them for the remaining election period until the Annual General Meeting in 2026, where new elections for employee-elected Board members will take place. Janni Munkholm Nielsen now joins, Connie Enghus Theisen and Christian Westerberg, as employee-elected Board members in ROCKWOOL A/S.공시 • May 23Rockwool A/S Announces Demise of Board Member Berit KjerulfRockwool A/S announced demise of Board member Berit Kjerulf. Fellow employees elected Berit to represent them on the Board of Directors in 2022. Berit had been employed at ROCKWOOL since 2005.Reported Earnings • May 16First quarter 2024 earnings released: EPS: €5.40 (vs €3.60 in 1Q 2023)First quarter 2024 results: EPS: €5.40 (up from €3.60 in 1Q 2023). Revenue: €920.0m (up 6.2% from 1Q 2023). Net income: €116.0m (up 49% from 1Q 2023). Profit margin: 13% (up from 9.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • May 16Rockwool A/S Provides Earnings Guidance for the Year 2024Rockwool A/S provided earnings guidance for the year 2024. For the year, the company expects Sales growth of around mid-single-digit percent in local currencies. EBIT margin around 15%.공시 • Apr 11Rockwool A/S Approves DividendRockwool A/S at its Annual General Meeting held on 10 April 2024, approved the dividends of DKK 43 (EUR 5.8) per share of a nominal value of DKK 10, corresponding to a total of EUR 125 million.Upcoming Dividend • Apr 04Upcoming dividend of kr.43.00 per shareEligible shareholders must have bought the stock before 11 April 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.8%).공시 • Feb 29Rockwool A/S Announces CEO ChangesJens Birgersson will continue as CEO until Jes Munk Hansen, currently CEO at Terma, joins ROCKWOOL, latest 1 September 2024. Successor Jes Munk Hansen has more than 20 years' experience from the building materials industry with a focus on energy efficiency and sustainability. Prior to joining Terma, Jes had substantial international leadership experience, and has among other things lived in the United States, where he was in charge of Grundfos' North America business for five years. Subsequently, he held a number of leadership positions in OSRAM as well as being CEO for LEDVANCE. He is Vice Chairman in the Confederation of Danish Industries and Board member in WSAudiology and has also been on the ROCKWOOL Board for the past year. Jes Munk Hansen will stand for re-election to the ROCKWOOL Board at the next Annual General Meeting and will first step down from the Board in connection with taking over as CEO. Jes Munk Hansen is 56 years-old, married, with four children. The family lives in Copenhagen. He has Danish and American citizenship and earned a Master of Science degree at Copenhagen University and an MBA from London Business School.공시 • Feb 24Rockwool A/S to Report Q2, 2024 Results on Jul 26, 2024Rockwool A/S announced that they will report Q2, 2024 results on Jul 26, 2024Declared Dividend • Feb 19Dividend of kr.43.00 announcedShareholders will receive a dividend of kr.43.00. Ex-date: 11th April 2024 Payment date: 15th April 2024 Dividend yield will be 14%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €290, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Building industry in Europe. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share.공시 • Feb 09Rockwool A/S (CPSE:ROCK B) announces an Equity Buyback for 1,200,000 shares, for €160 million.Rockwool A/S (CPSE:ROCK B) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 Class B shares for €160 million. The shares may not be purchased at a price that exceeds the highest of the share price of the most recent independent trade or the highest independent buyer’s bid in the Nasdaq Copenhagen market at the time of trading. The shares repurchased will be cancelled. The repurchase program will continue until February 7, 2025.공시 • Feb 08+ 1 more updateRockwool A/S Proposes DividendRockwool A/S proposed dividend per share is DKK 43, an increase of DKK 8 per share from 2023.Reported Earnings • Feb 08Full year 2023 earnings releasedFull year 2023 results: Revenue: €3.64b (down 7.0% from FY 2022). Net income: €389.0m (up 43% from FY 2022). Profit margin: 11% (up from 7.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Building industry in Europe.공시 • Dec 01+ 4 more updatesRockwool A/S, Annual General Meeting, Apr 10, 2024Rockwool A/S, Annual General Meeting, Apr 10, 2024.Reported Earnings • Nov 24Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €904.0m (down 11% from 3Q 2022). Net income: €109.0m (up 142% from 3Q 2022). Profit margin: 12% (up from 4.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Europe.공시 • Nov 23Rockwool A/S Provides Earnings Guidance for the Year 2023Rockwool A/S provides earnings guidance for the year 2023. The company expects Sales decline of 4%-5% in local currencies, changed from previously up to eight percent. EBIT margin around 14%, changed from previously around 13%.Reported Earnings • Sep 03Second quarter 2023 earnings released: EPS: €4.70 (vs €2.90 in 2Q 2022)Second quarter 2023 results: EPS: €4.70 (up from €2.90 in 2Q 2022). Revenue: €917.0m (down 9.9% from 2Q 2022). Net income: €102.0m (up 65% from 2Q 2022). Profit margin: 11% (up from 6.1% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공시 • Jul 07Rockwool A/S Provides Earnings Guidance for the Full Year 2023Rockwool A/S provided earnings guidance for the full year 2023. For the year, the company expects the EBIT margin to improve to around 12% from the previous outlook of around 10%. Full year outlook for a sales decline of up to 10% in local currencies and investment level around EUR 400 Million excluding acquisitions are maintained.공시 • May 11Rockwool A/S Provides Revenue Outlook for 2023Rockwool A/S provided revenue Outlook for 2023. For the year, the company expects Sales decline of up to 10% in local currencies.Reported Earnings • May 10First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €872.0m (down 5.6% from 1Q 2022). Net income: €78.0m (up 24% from 1Q 2022). Profit margin: 8.9% (up from 6.8% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe.Upcoming Dividend • Mar 23Upcoming dividend of kr.35.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.3%).Reported Earnings • Feb 12Full year 2022 earnings released: EPS: €12.66 (vs €14.05 in FY 2021)Full year 2022 results: EPS: €12.66 (down from €14.05 in FY 2021). Revenue: €3.91b (up 27% from FY 2021). Net income: €273.0m (down 9.9% from FY 2021). Profit margin: 7.0% (down from 9.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €227, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Building industry in Europe. Total returns to shareholders of 3.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €153 per share.공시 • Feb 09+ 1 more updateRockwool A/S Provides Earnings Guidance for the Year 2023Rockwool A/S provided earnings guidance for the year 2023. For the year, Sales decline of up to 10% in local currencies. EBIT margin in the range of 8% to 10%.공시 • Nov 30+ 4 more updatesRockwool A/S to Report Nine Months, 2023 Results on Nov 22, 2023Rockwool A/S announced that they will report nine months, 2023 results on Nov 22, 2023공시 • Nov 25Rockwool A/S Provides Earnings Guidance for the Year 2022Rockwool A/S provided earnings guidance for the year 2022. For the year, the company expects Growth in net sales of 20% to 25% in local currencies and guiding revenue of EUR 3.7 billion to EUR 3.85 billion or something like that.Reported Earnings • Nov 24Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €1.01b (up 27% from 3Q 2021). Net income: €45.0m (down 43% from 3Q 2021). Profit margin: 4.4% (down from 9.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: €2.90 (vs €3.90 in 2Q 2021)Second quarter 2022 results: EPS: €2.90 (down from €3.90 in 2Q 2021). Revenue: €1.02b (up 31% from 2Q 2021). Net income: €62.0m (down 26% from 2Q 2021). Profit margin: 6.1% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.7%, compared to a 9.2% growth forecast for the Building industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.공시 • Aug 27Rockwool Not to Sell Russian FactoriesJens Birgersson, Chief Executive Officer of Danish insulation materials supplier Rockwool A/S (CPSE:ROCK B), has said that the company's four factories in Russia will remain in the group's ownership and production will continue. He said that a sale of the Russian assets to local owners would be a gift to people who will most likely have close links with the Russian state. According to Birgersson, Rockwool's technology is in a class of its own on the market, and sharing out of its intellectual property rights would result in considerable losses.공시 • Aug 25Rockwool A/S Provides Earnings Guidance for the Fiscal Year 2022Rockwool A/S provided earnings guidance for the fiscal year 2022. For the period, the company expects sales growth in the range of 20% to 25% in local currencies. EBIT margin between 10% and 12%.공시 • Aug 19Rockwool A/S Lowers Earnings Guidance for the Year 2022Rockwool A/S lowered earnings guidance for the year 2022. For the year, the company is lowering its expected EBIT margin from around 13% to between 10% and 12%.공시 • May 19Rockwool A/S Provides Sales Outlook for 2022Rockwool A/S provided sales outlook for 2022. For the year the company is expecting the Growth in net sales of 20% to 25% in local currencies.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Apr 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 6.9% per annum over the same time period.Board Change • Apr 13Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 07+ 1 more updateROCKWOOL International A/S Announces Executive ChangesThe annual general meeting of ROCKWOOL A/S was held on 6 April 2022 announced Ilse Irene Henne was elected as new member of the board of directors. At the same time, Andreas Ronken retired from the board of directors.Upcoming Dividend • Mar 31Upcoming dividend of kr.35.00 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 11 April 2022. Payout ratio is a comfortable 33% and the cash payout ratio is 75%. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (3.7%). Lower than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €279, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €315 per share.Reported Earnings • Feb 13Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €14.05 (up from €11.55 in FY 2020). Revenue: €3.09b (up 19% from FY 2020). Net income: €303.0m (up 21% from FY 2020). Profit margin: 9.8% (in line with FY 2020). Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 10+ 1 more updateROCKWOOL International A/S Proposes DividendROCKWOOL International A/S proposed dividend of DKK 35.00 per share, an increase of DKK 3.00 from the last year.Reported Earnings • Nov 25Third quarter 2021 earnings: Revenues exceed analyst expectationsThird quarter 2021 results: Revenue: €799.0m (up 19% from 3Q 2020). Net income: €79.0m (up 2.6% from 3Q 2020). Profit margin: 9.9% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 11%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.공시 • Nov 25ROCKWOOL International A/S Provides Earnings Guidance for the Year 2021ROCKWOOL International A/S provided earnings guidance for the year 2021. For the year, the company expects Growth in net sales around 17% in local currencies.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS €3.90 (vs €1.80 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €778.0m (up 33% from 2Q 2020). Net income: €84.0m (up 110% from 2Q 2020). Profit margin: 11% (up from 6.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • May 21First quarter 2021 earnings releasedThe company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: €672.0m (up 3.5% from 1Q 2020). Net income: €68.0m (up 12% from 1Q 2020). Profit margin: 10% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • May 07ROCKWOOL International A/S Raises Earnings Guidance for the Year 2021ROCKWOOL International A/S raised earnings guidance for the year 2021. For the year, the company now expects net sales growth of 10% to 12% compared to 3% to 5% as previously reported.Executive Departure • Apr 11Second Deputy Chairman Søren Kähler has left the companyOn the 7th of April, Søren Kähler's tenure as Second Deputy Chairman ended after 5.4 years in the role. We don't have any record of a personal shareholding under Søren's name. A total of 2 executives have left over the last 12 months.Upcoming Dividend • Apr 02Upcoming dividend of kr.32.00 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 12 April 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.7%).Reported Earnings • Feb 12Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €2.61b (down 5.4% from FY 2019). Net income: €251.0m (down 12% from FY 2019). Profit margin: 9.6% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.Analyst Estimate Surprise Post Earnings • Feb 12Revenue beats expectationsRevenue exceeded analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 3.5%, compared to a 3.6% growth forecast for the Building industry in Germany.Is New 90 Day High Low • Dec 17New 90-day low: €280The company is down 8.0% from its price of €305 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €196 per share.Is New 90 Day High Low • Dec 03New 90-day low: €290The company is down 4.0% from its price of €302 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €323 per share.공시 • Dec 01+ 4 more updatesROCKWOOL International A/S, Annual General Meeting, Apr 07, 2021ROCKWOOL International A/S, Annual General Meeting, Apr 07, 2021.Reported Earnings • Nov 27Third quarter 2020 earnings released: EPS €3.50The company reported a soft third quarter result with weaker revenues, although earnings and profit margins were flat. Third quarter 2020 results: Revenue: €672.0m (down 4.8% from 3Q 2019). Net income: €77.0m (flat on 3Q 2019). Profit margin: 12% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.Analyst Estimate Surprise Post Earnings • Nov 27Revenue misses expectationsRevenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 2.9%, compared to a 2.6% growth forecast for the Building industry in Germany.Is New 90 Day High Low • Oct 02New 90-day high: €323The company is up 34% from its price of €241 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €118 per share.이익 및 매출 성장 예측DB:R902 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20284,1654361147501312/31/20273,957402536771412/31/20263,776372-7668133/31/20263,877465605N/A12/31/20253,87728137610N/A9/30/20253,827490180654N/A6/30/20253,821523225699N/A3/31/20253,843543368758N/A12/31/20243,855550430817N/A9/30/20243,819513708812N/A6/30/20243,765467610805N/A3/31/20243,672427408741N/A12/31/20233,620389381707N/A9/30/20233,641392327643N/A6/30/20233,748328215525N/A3/31/20233,849288116457N/A12/31/20223,90727360394N/A9/30/20223,79424213337N/A6/30/20223,58127652359N/A3/31/20223,341298109399N/A12/31/20213,088303124426N/A9/30/20212,946304161479N/A6/30/20212,819302156473N/A3/31/20212,624258125454N/A12/31/20202,60225176438N/A9/30/20202,61725039409N/A6/30/20202,65325014437N/A3/31/20202,765289-16421N/A12/31/20192,757285N/A402N/A9/30/20192,751279N/A440N/A6/30/20192,737278N/A413N/A3/31/20192,709268N/A404N/A12/31/20182,671265N/A408N/A9/30/20182,609279N/A360N/A6/30/20182,531258N/A355N/A3/31/20182,449236N/A345N/A12/31/20172,383214N/A332N/A9/30/20172,321178N/A329N/A6/30/20172,280172N/A319N/A3/31/20172,251170N/A305N/A12/31/20162,211166N/A326N/A9/30/20162,208145N/A341N/A6/30/20162,213115N/A310N/A3/31/20162,215102N/A307N/A12/31/20152,22091N/A297N/A9/30/20152,20693N/A246N/A6/30/20152,212110N/A242N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: R902 의 연간 예상 수익 증가율(32.8%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: R902 의 연간 수익(32.8%)이 German 시장(17.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: R902 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: R902 의 수익(연간 3.7%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: R902 의 수익(연간 3.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: R902의 자본 수익률은 3년 후 12.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 23:00종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Rockwool A/S는 30명의 분석가가 다루고 있습니다. 이 중 14명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierPierre Sylvain RousseauBarclaysPierre Sylvain RousseauBarclays27명의 분석가 더 보기
공시 • May 12Rockwool A/S Updates Earnings Guidance for the Year 2026Rockwool A/S updated earnings guidance for the year 2026. For the year, the company expects revenue growth to be between 3% to 6%, changed from previously between 2% to 4%. EBIT margin is maintained between 13% to 14%.After a slow start of the year, affected by the weather in Europe, volume demand has picked up from March into the second quarter, and company expects the higher revenue level to continue in the second half of the year.
공시 • May 11Rockwool A/S Revises Earnings Guidance for the Year 2026dRockwool A/S revised earnings guidance for the year 2026. Based on this, the company forecast full-year revenue growth to be between 3%-6%, changed from previously between 2%-4%.
공시 • Nov 12Rockwool A/S Adjusts Earnings Guidance for the Full-Year 2025Rockwool A/S adjusted earnings guidance for the full-year 2025. For the period, the company expects an EBIT margin to be between 14% and 15%, compared to the previous outlook of an EBIT margin below 16%. Revenue is still expected to be at level with last year.
공시 • Aug 21Rockwool A/S Revises Earnings Guidance for the Year 2025Rockwool A/S revised earnings guidance for the year 2025. For the year, the company expects that its full-year revenue will be at level with last year in local currencies compared to the previous outlook of a low single-digit revenue growth in local currencies. Based on the first half of 2025 earnings level and the ongoing efforts, the company forecast an EBIT margin below 16% compared to the previous outlook of an EBIT margin around 16%.
공시 • Jul 19Rockwool A/S Provides Earnings Guidance for the Year 2024Rockwool A/S provided earnings guidance for the year 2024. For the year, the company expects sales remains unchanged with an expected growth of around mid-single-digit percent in local currencies.
공시 • May 16Rockwool A/S Provides Earnings Guidance for the Year 2024Rockwool A/S provided earnings guidance for the year 2024. For the year, the company expects Sales growth of around mid-single-digit percent in local currencies. EBIT margin around 15%.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Claes Westerlind was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • May 12Rockwool A/S Updates Earnings Guidance for the Year 2026Rockwool A/S updated earnings guidance for the year 2026. For the year, the company expects revenue growth to be between 3% to 6%, changed from previously between 2% to 4%. EBIT margin is maintained between 13% to 14%.After a slow start of the year, affected by the weather in Europe, volume demand has picked up from March into the second quarter, and company expects the higher revenue level to continue in the second half of the year.
공시 • May 11Rockwool A/S Revises Earnings Guidance for the Year 2026dRockwool A/S revised earnings guidance for the year 2026. Based on this, the company forecast full-year revenue growth to be between 3%-6%, changed from previously between 2%-4%.
공시 • Feb 04+ 1 more updateRockwool A/S Proposes DividendRockwool A/S proposed dividend per share is 4.15 DKK, maintaining a payout ratio of 33%, when adjusting for the Russian result and value adjustment.
공시 • Dec 06Rockwool A/S, Annual General Meeting, Apr 15, 2026Rockwool A/S, Annual General Meeting, Apr 15, 2026.
공시 • Dec 05+ 3 more updatesRockwool A/S to Report First Half, 2026 Results on Aug 19, 2026Rockwool A/S announced that they will report first half, 2026 results on Aug 19, 2026
공시 • Nov 12Rockwool A/S Adjusts Earnings Guidance for the Full-Year 2025Rockwool A/S adjusted earnings guidance for the full-year 2025. For the period, the company expects an EBIT margin to be between 14% and 15%, compared to the previous outlook of an EBIT margin below 16%. Revenue is still expected to be at level with last year.
공시 • Aug 21Rockwool A/S Revises Earnings Guidance for the Year 2025Rockwool A/S revised earnings guidance for the year 2025. For the year, the company expects that its full-year revenue will be at level with last year in local currencies compared to the previous outlook of a low single-digit revenue growth in local currencies. Based on the first half of 2025 earnings level and the ongoing efforts, the company forecast an EBIT margin below 16% compared to the previous outlook of an EBIT margin around 16%.
공시 • Apr 03+ 1 more updateRockwool A/S Appoints Claes Westerlind as New Member of the Board of DirectorsRockwool A/S announced that at the annual general meeting held on 2 April 2025, approved the appointment of Claes Westerlind as new member of the board of directors.
공시 • Feb 18Rockwool A/S announces Annual dividend, payable on April 07, 2025Rockwool A/S announced Annual dividend of DKK 63.0000 per share payable on April 07, 2025, ex-date on April 03, 2025 and record date on April 04, 2025.
공시 • Feb 08Rockwool A/S (CPSE:ROCK B) announces an Equity Buyback for 900,000 shares, for MUR 150 million.Rockwool A/S (CPSE:ROCK B) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 Class B shares for MUR 150 million. The shares may not be purchased at a price that exceeds the highest of the share price of the most recent independent trade or the highest independent buyer’s bid in the Nasdaq Copenhagen market at the time of trading. The shares repurchased will be cancelled. The repurchase program will continue until February 5, 2026.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Dec 10+ 4 more updatesRockwool A/S, Annual General Meeting, Apr 02, 2025Rockwool A/S, Annual General Meeting, Apr 02, 2025.
공시 • Oct 25Rockwool A/S (CPSE:ROCK B) acquired Wetherby Building Systems Ltd.Rockwool A/S (CPSE:ROCK B) acquired Wetherby Building Systems Ltd on October 25, 2024. Rockwool A/S (CPSE:ROCK B) completed the acquisition of Wetherby Building Systems Ltd on October 25, 2024.
Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: €6.60 (vs €4.70 in 2Q 2023)Second quarter 2024 results: EPS: €6.60 (up from €4.70 in 2Q 2023). Revenue: €1.01b (up 10% from 2Q 2023). Net income: €142.0m (up 39% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Jul 19Rockwool A/S Provides Earnings Guidance for the Year 2024Rockwool A/S provided earnings guidance for the year 2024. For the year, the company expects sales remains unchanged with an expected growth of around mid-single-digit percent in local currencies.
공시 • Jun 26Rockwool A/S Elects Janni Munkholm Nielsen as Employee Representative of the Board of DirectorsThe Group-elected employee representative of the Board of Directors in ROCKWOOL A/S. The employees of ROCKWOOL have chosen that Janni Munkholm Nielsen shall represent them for the remaining election period until the Annual General Meeting in 2026, where new elections for employee-elected Board members will take place. Janni Munkholm Nielsen now joins, Connie Enghus Theisen and Christian Westerberg, as employee-elected Board members in ROCKWOOL A/S.
공시 • May 23Rockwool A/S Announces Demise of Board Member Berit KjerulfRockwool A/S announced demise of Board member Berit Kjerulf. Fellow employees elected Berit to represent them on the Board of Directors in 2022. Berit had been employed at ROCKWOOL since 2005.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: €5.40 (vs €3.60 in 1Q 2023)First quarter 2024 results: EPS: €5.40 (up from €3.60 in 1Q 2023). Revenue: €920.0m (up 6.2% from 1Q 2023). Net income: €116.0m (up 49% from 1Q 2023). Profit margin: 13% (up from 9.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • May 16Rockwool A/S Provides Earnings Guidance for the Year 2024Rockwool A/S provided earnings guidance for the year 2024. For the year, the company expects Sales growth of around mid-single-digit percent in local currencies. EBIT margin around 15%.
공시 • Apr 11Rockwool A/S Approves DividendRockwool A/S at its Annual General Meeting held on 10 April 2024, approved the dividends of DKK 43 (EUR 5.8) per share of a nominal value of DKK 10, corresponding to a total of EUR 125 million.
Upcoming Dividend • Apr 04Upcoming dividend of kr.43.00 per shareEligible shareholders must have bought the stock before 11 April 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.8%).
공시 • Feb 29Rockwool A/S Announces CEO ChangesJens Birgersson will continue as CEO until Jes Munk Hansen, currently CEO at Terma, joins ROCKWOOL, latest 1 September 2024. Successor Jes Munk Hansen has more than 20 years' experience from the building materials industry with a focus on energy efficiency and sustainability. Prior to joining Terma, Jes had substantial international leadership experience, and has among other things lived in the United States, where he was in charge of Grundfos' North America business for five years. Subsequently, he held a number of leadership positions in OSRAM as well as being CEO for LEDVANCE. He is Vice Chairman in the Confederation of Danish Industries and Board member in WSAudiology and has also been on the ROCKWOOL Board for the past year. Jes Munk Hansen will stand for re-election to the ROCKWOOL Board at the next Annual General Meeting and will first step down from the Board in connection with taking over as CEO. Jes Munk Hansen is 56 years-old, married, with four children. The family lives in Copenhagen. He has Danish and American citizenship and earned a Master of Science degree at Copenhagen University and an MBA from London Business School.
공시 • Feb 24Rockwool A/S to Report Q2, 2024 Results on Jul 26, 2024Rockwool A/S announced that they will report Q2, 2024 results on Jul 26, 2024
Declared Dividend • Feb 19Dividend of kr.43.00 announcedShareholders will receive a dividend of kr.43.00. Ex-date: 11th April 2024 Payment date: 15th April 2024 Dividend yield will be 14%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €290, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Building industry in Europe. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €129 per share.
공시 • Feb 09Rockwool A/S (CPSE:ROCK B) announces an Equity Buyback for 1,200,000 shares, for €160 million.Rockwool A/S (CPSE:ROCK B) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 Class B shares for €160 million. The shares may not be purchased at a price that exceeds the highest of the share price of the most recent independent trade or the highest independent buyer’s bid in the Nasdaq Copenhagen market at the time of trading. The shares repurchased will be cancelled. The repurchase program will continue until February 7, 2025.
공시 • Feb 08+ 1 more updateRockwool A/S Proposes DividendRockwool A/S proposed dividend per share is DKK 43, an increase of DKK 8 per share from 2023.
Reported Earnings • Feb 08Full year 2023 earnings releasedFull year 2023 results: Revenue: €3.64b (down 7.0% from FY 2022). Net income: €389.0m (up 43% from FY 2022). Profit margin: 11% (up from 7.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Building industry in Europe.
공시 • Dec 01+ 4 more updatesRockwool A/S, Annual General Meeting, Apr 10, 2024Rockwool A/S, Annual General Meeting, Apr 10, 2024.
Reported Earnings • Nov 24Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €904.0m (down 11% from 3Q 2022). Net income: €109.0m (up 142% from 3Q 2022). Profit margin: 12% (up from 4.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Building industry in Europe.
공시 • Nov 23Rockwool A/S Provides Earnings Guidance for the Year 2023Rockwool A/S provides earnings guidance for the year 2023. The company expects Sales decline of 4%-5% in local currencies, changed from previously up to eight percent. EBIT margin around 14%, changed from previously around 13%.
Reported Earnings • Sep 03Second quarter 2023 earnings released: EPS: €4.70 (vs €2.90 in 2Q 2022)Second quarter 2023 results: EPS: €4.70 (up from €2.90 in 2Q 2022). Revenue: €917.0m (down 9.9% from 2Q 2022). Net income: €102.0m (up 65% from 2Q 2022). Profit margin: 11% (up from 6.1% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공시 • Jul 07Rockwool A/S Provides Earnings Guidance for the Full Year 2023Rockwool A/S provided earnings guidance for the full year 2023. For the year, the company expects the EBIT margin to improve to around 12% from the previous outlook of around 10%. Full year outlook for a sales decline of up to 10% in local currencies and investment level around EUR 400 Million excluding acquisitions are maintained.
공시 • May 11Rockwool A/S Provides Revenue Outlook for 2023Rockwool A/S provided revenue Outlook for 2023. For the year, the company expects Sales decline of up to 10% in local currencies.
Reported Earnings • May 10First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €872.0m (down 5.6% from 1Q 2022). Net income: €78.0m (up 24% from 1Q 2022). Profit margin: 8.9% (up from 6.8% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Building industry in Europe.
Upcoming Dividend • Mar 23Upcoming dividend of kr.35.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.3%).
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: €12.66 (vs €14.05 in FY 2021)Full year 2022 results: EPS: €12.66 (down from €14.05 in FY 2021). Revenue: €3.91b (up 27% from FY 2021). Net income: €273.0m (down 9.9% from FY 2021). Profit margin: 7.0% (down from 9.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €227, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Building industry in Europe. Total returns to shareholders of 3.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €153 per share.
공시 • Feb 09+ 1 more updateRockwool A/S Provides Earnings Guidance for the Year 2023Rockwool A/S provided earnings guidance for the year 2023. For the year, Sales decline of up to 10% in local currencies. EBIT margin in the range of 8% to 10%.
공시 • Nov 30+ 4 more updatesRockwool A/S to Report Nine Months, 2023 Results on Nov 22, 2023Rockwool A/S announced that they will report nine months, 2023 results on Nov 22, 2023
공시 • Nov 25Rockwool A/S Provides Earnings Guidance for the Year 2022Rockwool A/S provided earnings guidance for the year 2022. For the year, the company expects Growth in net sales of 20% to 25% in local currencies and guiding revenue of EUR 3.7 billion to EUR 3.85 billion or something like that.
Reported Earnings • Nov 24Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €1.01b (up 27% from 3Q 2021). Net income: €45.0m (down 43% from 3Q 2021). Profit margin: 4.4% (down from 9.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: €2.90 (vs €3.90 in 2Q 2021)Second quarter 2022 results: EPS: €2.90 (down from €3.90 in 2Q 2021). Revenue: €1.02b (up 31% from 2Q 2021). Net income: €62.0m (down 26% from 2Q 2021). Profit margin: 6.1% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.7%, compared to a 9.2% growth forecast for the Building industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year.
공시 • Aug 27Rockwool Not to Sell Russian FactoriesJens Birgersson, Chief Executive Officer of Danish insulation materials supplier Rockwool A/S (CPSE:ROCK B), has said that the company's four factories in Russia will remain in the group's ownership and production will continue. He said that a sale of the Russian assets to local owners would be a gift to people who will most likely have close links with the Russian state. According to Birgersson, Rockwool's technology is in a class of its own on the market, and sharing out of its intellectual property rights would result in considerable losses.
공시 • Aug 25Rockwool A/S Provides Earnings Guidance for the Fiscal Year 2022Rockwool A/S provided earnings guidance for the fiscal year 2022. For the period, the company expects sales growth in the range of 20% to 25% in local currencies. EBIT margin between 10% and 12%.
공시 • Aug 19Rockwool A/S Lowers Earnings Guidance for the Year 2022Rockwool A/S lowered earnings guidance for the year 2022. For the year, the company is lowering its expected EBIT margin from around 13% to between 10% and 12%.
공시 • May 19Rockwool A/S Provides Sales Outlook for 2022Rockwool A/S provided sales outlook for 2022. For the year the company is expecting the Growth in net sales of 20% to 25% in local currencies.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Apr 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €346, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Earnings per share has grown by 3.2%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 6.9% per annum over the same time period.
Board Change • Apr 13Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Rebekka Herlofsen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 07+ 1 more updateROCKWOOL International A/S Announces Executive ChangesThe annual general meeting of ROCKWOOL A/S was held on 6 April 2022 announced Ilse Irene Henne was elected as new member of the board of directors. At the same time, Andreas Ronken retired from the board of directors.
Upcoming Dividend • Mar 31Upcoming dividend of kr.35.00 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 11 April 2022. Payout ratio is a comfortable 33% and the cash payout ratio is 75%. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (3.7%). Lower than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €279, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €315 per share.
Reported Earnings • Feb 13Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €14.05 (up from €11.55 in FY 2020). Revenue: €3.09b (up 19% from FY 2020). Net income: €303.0m (up 21% from FY 2020). Profit margin: 9.8% (in line with FY 2020). Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 10+ 1 more updateROCKWOOL International A/S Proposes DividendROCKWOOL International A/S proposed dividend of DKK 35.00 per share, an increase of DKK 3.00 from the last year.
Reported Earnings • Nov 25Third quarter 2021 earnings: Revenues exceed analyst expectationsThird quarter 2021 results: Revenue: €799.0m (up 19% from 3Q 2020). Net income: €79.0m (up 2.6% from 3Q 2020). Profit margin: 9.9% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 11%, compared to a 9.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
공시 • Nov 25ROCKWOOL International A/S Provides Earnings Guidance for the Year 2021ROCKWOOL International A/S provided earnings guidance for the year 2021. For the year, the company expects Growth in net sales around 17% in local currencies.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS €3.90 (vs €1.80 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €778.0m (up 33% from 2Q 2020). Net income: €84.0m (up 110% from 2Q 2020). Profit margin: 11% (up from 6.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • May 21First quarter 2021 earnings releasedThe company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: €672.0m (up 3.5% from 1Q 2020). Net income: €68.0m (up 12% from 1Q 2020). Profit margin: 10% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • May 07ROCKWOOL International A/S Raises Earnings Guidance for the Year 2021ROCKWOOL International A/S raised earnings guidance for the year 2021. For the year, the company now expects net sales growth of 10% to 12% compared to 3% to 5% as previously reported.
Executive Departure • Apr 11Second Deputy Chairman Søren Kähler has left the companyOn the 7th of April, Søren Kähler's tenure as Second Deputy Chairman ended after 5.4 years in the role. We don't have any record of a personal shareholding under Søren's name. A total of 2 executives have left over the last 12 months.
Upcoming Dividend • Apr 02Upcoming dividend of kr.32.00 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 12 April 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.7%).
Reported Earnings • Feb 12Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: €2.61b (down 5.4% from FY 2019). Net income: €251.0m (down 12% from FY 2019). Profit margin: 9.6% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.
Analyst Estimate Surprise Post Earnings • Feb 12Revenue beats expectationsRevenue exceeded analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 3.5%, compared to a 3.6% growth forecast for the Building industry in Germany.
Is New 90 Day High Low • Dec 17New 90-day low: €280The company is down 8.0% from its price of €305 on 18 September 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €196 per share.
Is New 90 Day High Low • Dec 03New 90-day low: €290The company is down 4.0% from its price of €302 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €323 per share.
공시 • Dec 01+ 4 more updatesROCKWOOL International A/S, Annual General Meeting, Apr 07, 2021ROCKWOOL International A/S, Annual General Meeting, Apr 07, 2021.
Reported Earnings • Nov 27Third quarter 2020 earnings released: EPS €3.50The company reported a soft third quarter result with weaker revenues, although earnings and profit margins were flat. Third quarter 2020 results: Revenue: €672.0m (down 4.8% from 3Q 2019). Net income: €77.0m (flat on 3Q 2019). Profit margin: 12% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
Analyst Estimate Surprise Post Earnings • Nov 27Revenue misses expectationsRevenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 2.9%, compared to a 2.6% growth forecast for the Building industry in Germany.
Is New 90 Day High Low • Oct 02New 90-day high: €323The company is up 34% from its price of €241 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €118 per share.