Rockwool International A/S
Report on the first 9 months of 2014 for ROCKWOOL International A/S
DGAP-News: Rockwool International A/S 20.11.2014 / 17:05 --------------------------------------------------------------------- Today the Board of ROCKWOOL International A/S has discussed and approved the following report on the first 9 months of 2014. Hedehusene, Denmark, 2014-11-20 17:05 CET (GLOBE NEWSWIRE) -- Release no. 08 - 2014 Report on the first 9 months of 2014 To NASDAQ Copenhagen A/S ROCKWOOL International A/S Hovedgaden 584, Entrance C DK-2640 Hedehusene Phone: +45 4656 0300 www.rockwool.com 20 November 2014 Report on the first 9 months of 2014 for ROCKWOOL International A/S Today the Board of ROCKWOOL International A/S has discussed and approved the following report on the first 9 months of 2014. Highlights * Sales in the first 9 months of 2014 at actual exchange rates increased 11% compared to the same period in 2013 or 6% like-for-like (comparable structure and exchange rates). * EBIT end of the first 9 months in 2014 amounts to EUR 127.2 million which is an increase of 7% compared to the same period in 2013. The acquisitions have an impact of 2%. * The Group re-confirms its expectations for 2014 net sales at comparable exchange rates to increase by 12% compared to last year and by 5% like-for-like. * Due to the expected exchange rate effect, adjustment in restructuring provisions and the higher start-up costs in US, the Group's expectations for net profit for the year 2014 are now expected to be in the range of EUR 110-120 million whereas the previous expectation amounted to around EUR 127 million. * Investment expenditure is still expected to be in the range of EUR 220-240 million excluding acquisitions. Further information: Gilles Maria, Chief Financial Officer News Source: NASDAQ OMX --------------------------------------------------------------------- 20.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Rockwool International A/S Denmark ISIN: DK0010219153 End of News DGAP News-Service --------------------------------------------------------------------- 298412 20.11.2014
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