Today the Board of ROCKWOOL International A/S has discussed and approved the following report on first half-year 2014. Hedehusene,
Denmark, 2014-08-20 15:26 CEST(GLOBE NEWSWIRE) -- Release no. 06 – 2014 Report on first half-year 2014 To NASDAQ OMX Nordic Exchange Copenhagen A/S ROCKWOOL International A/S Hovedgaden 584, Entrance C DK?2640 Hedehusene Phone: +45 4656 0300 www.rockwool.com 20 August 2014Report on first half-year 2014 for ROCKWOOL International A/S Today the Board of ROCKWOOL International A/S has discussed and approved the following report on first half-year 2014. Highlights * Sales accumulated end of first half-year 2014 at actual exchange rates increased 12% compared to the same period in 2013 or 8% like-for-like (comparable structure and exchange rates). * EBIT end of first half-year 2014 amounts to EUR 75.8 millionwhich is an increase of 28% compared to the same period in 2013. The acquisitions have no significant impact on the EBIT end of first half-year. * 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. * The Group’s expectations for net profit for the year 2014 are unchanged around EUR 127 million. * Investment expenditure is now expected to be in the range of EUR 220-240 millionexcluding acquisitions (versus previous expectation of EUR 188 million). Further information: Gilles Maria, Chief Financial Officer Copyright © 2014 OMX AB (publ).