Rockwool A/S (ROCKB) Earnings Call Transcripts

Rockwool A/S's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Rockwool A/S reported a revenue increase of 2% year-over-year, reaching EUR 1.2 billion, while the EBIT margin declined to 13.2%, down 2.2 percentage points from the previous year. The company cited challenges from a weak construction market, particularly in Canada and the UK, as well as higher logistic costs impacting margins. Management has adjusted its revenue growth guidance for the fiscal year to a range of 3% to 6%, indicating a cautious outlook amidst ongoing geopolitical and macroeconomic uncertainties.

Reported metrics

Guidance from management

Rockwool expects revenue growth of 3% to 6% in local currencies for 2026, with an EBIT margin forecast of 13% to 14%. Management highlighted that price increases should help mitigate inflationary pressures going forward.

What management said

Yes. Thank you very much. And I know the operator will invite in for questions. I just have a small request for you when -- even if we limit to two questions at a time, please allow us to answer one question at a time. Thank you very much.

It's not significantly delayed. I mean you know the delay that originally was caused by getting building permits. That's what's pushed it originally, but else, the project is fairly much on time. The timing of all these factories, of course, what we're trying to hit here is this expected uptick in Europe in what we call the renovation wave. As you know, in Europe, in Brussels, the new EPBD regulations that now are fa...

What analysts pressed on

Analysts expressed concerns about the ongoing challenges in the Canadian and UK markets, particularly regarding construction activity and permitting delays. Questions were raised about the potential impact of inflation on margins and the timing of price increases relative to cost pressures.

Main topics on the call

• Revenue Growth — Rockwool achieved a 2% revenue growth in Q1, primarily driven by strong performance in Eastern Europe and the U.S. CEO Jes Hansen noted, "volume demand recovered from March and onwards," indicating a positive trend despi...
• Margin Compression — The EBIT margin fell to 13.2%, impacted by a weak construction market and increased costs. Hansen stated, "Margins in the quarter were impacted by several factors," highlighting the challenges faced in Canada and the UK.
• Geographic Performance — Eastern Europe saw a significant 15% revenue growth, while the U.S. maintained growth momentum. However, Canada experienced a decline due to weak residential demand, as noted by Hansen, "Canada is hugely affected by the ...
• Production Challenges — The restart of the Flumroc factory in Switzerland and ongoing upgrades in the Netherlands affected output. Management indicated that these production issues would continue to impact margins for the rest of the year.

Read the full Rockwool A/S transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 40 Rockwool A/S earnings call transcripts on record, spanning February 6, 2020 to May 20, 2026. Based on this history, Rockwool A/S reports quarterly. The most recent call on file is dated May 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ROCKB

Exchange

CPSE

Country

DK

Sector

Industrials

Industry

Building Products

Calls on record

40

First call

February 6, 2020

Most recent

May 20, 2026

Reporting cadence

quarterly