ROCKWOOL adjusts outlook related to revenue and earnings for full-year 2025

Core Viewpoint - ROCKWOOL A/S has adjusted its revenue and earnings outlook for the full year 2025 due to a challenging market environment, particularly in North America [2][3]. Group 1: Revenue Outlook - The company expects full-year revenue to be at the same level as last year in local currencies, a change from the previous expectation of low single-digit revenue growth [2][5]. - Revenue for H1 2025 reached 1,947 MEUR, reflecting a one percent increase in both local currencies and reported figures compared to the previous year, with acquisitions in 2024 contributing a two-percentage point positive impact [5]. - Revenue for Q2 2025 was 988 MEUR, showing a two percent decrease in both local currencies and reported figures compared to last year, despite a two-percentage point positive impact from 2024 acquisitions [5]. Group 2: Earnings Outlook - The EBIT margin is now forecasted to be below 16 percent, revised from the previous outlook of around 16 percent [3][5]. - EBIT for H1 2025 decreased by 10 percent to 307 MEUR, with an EBIT margin of 15.8 percent, down 1.9 percentage points compared to H1 2024 [5]. - EBIT for Q2 2025 decreased by 19 percent to 153 MEUR, with an EBIT margin of 15.5 percent, down 3.2 percentage points compared to Q2 2024 [5]. Group 3: Investment Level - The investment level, excluding acquisitions, is maintained at around 450 MEUR [3].