Rockwool

Earnings Release • Aug 25, 2015

Today the Board of Directors of ROCKWOOL International A/S has approved the
following report on the first half-year 2015.

Hedehusene, Denmark, 2015-08-25 17:44 CEST (GLOBE NEWSWIRE) --

Release no. 09 – 2015
Report on the first half-year of 2015

To NASDAQ Copenhagen

ROCKWOOL International A/S
Hovedgaden 584, Entrance C
DK2640 Hedehusene
Phone: +45 4656 0300
www.rockwool.com
Danish CVR no: 54879415

25 August 2015

Report on the first half-year 2015
ROCKWOOL International A/S

Today the Board of Directors of ROCKWOOL International A/S has approved the
following report on the first half-year 2015.

Highlights

• Sales for the first half-year of 2015 at actual exchange rates increased 2.3%
  compared to the same period in 2014 with no significant effect from exchange
  rates.

• EBIT end of the first half-year of 2015 amounts to EUR 72.7 million (6.9%
  EBIT ratio) compared to EUR 75.8 million last year (7.3% EBIT ratio) – a
  decrease of 0.4 %-point, but based on comparable exchange rates this represents
  an increase of 0.1%-point.

• The Group’s forecast for sales growth for 2015 remains unchanged and is
  expected to be in the range of 2 to 3%, based on comparable exchange rates. Net
  effect on sales from exchange rates as of today is estimated not to be
  material.

• EBIT expectation for the year remains unchanged above EUR 150 million.

• Investment expenditure expectation for 2015 remains unchanged around EUR 180
  million excluding acquisitions.

Commenting on the Group’s performance, CEO Jens Birgersson says:

“I am pleased to see continued recovery in most European markets, but we have
still not seen our two most important markets, Germany and France, pick up. As
expected, the Russian market has declined, but thanks to strong efforts from
our Russian organization, we have managed to maintain a healthy business. In
North America, our strong growth continues though at a slightly slower pace
than we saw in the first quarter. Our focus to improve the profitability of our
stone wool insulation business and bring it closer to the strong performance of
our Systems business remains”.

     Further information: Gilles Maria, Chief Financial Officer