Kingspan Group

Rockwool cautious on 2021 operating margin

  • Sectors : Building products
  • Companies : Kingspan Group

Ratings and price correct at time of issue.

  • Kingspan Group

    Closing Price: 5275c

  • RATING 12/05/11

  • PREVIOUS RATING 30/06/09

    NEUTRAL

DAVY VIEW

The Rockwool share price fell almost 5% after the group published its 2020 results. The results themselves were generally along expected lines but cautious margin guidance for this year weighed on sentiment. One reason cited by Rockwool was higher energy prices, and recovering higher input costs will be a focus for many in the building materials sector this year.

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Feb 11 2021, 07:30 GMT

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