Rockwool plunges on outlook cut amid near-term hurdles
ReutersAug 20, 2025 1:39 PM
Shares in Rockwool ROCKb.CO are down 15% after the Danish mineral wool maker lowered its full year guidance as it expects challenges in key markets
It now forecasts its revenue in 2025 to be in line with last year's results, against single-digit growth it expected earlier
It also estimates its EBIT margin in 2025 to be below 16%, while earlier it saw the number at around 16%
Rockwool expects near-term constraints in key markets, including North America
The stock fall to the bottom of STOXX 600 .STOXX and is set for worst day since February 2023
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