“First quarter sales rebounded satisfactorily, up six percent, and earnings were strong, up 46 percent. Prices have remained broadly stable during the quarter, with demand remaining solid in North America and parts of Asia. The Insulation segment performed well overall on sales and earnings, whereas performance was more challenged in the Systems segment.
"I am pleased that we successfully started up our new green energy technology in Switzerland – the biggest stone wool electric melter in the world. Looking ahead, we are carefully optimistic that we will see improved conditions in the industrial construction sector. We are encouraged by the EU’s adoption of the Energy Performance of Buildings Directive, which over time will increase the rate of building renovations and thus demand for insulation". - CEO Jens Birgersson
