Rockwool A/S (RKWBF) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.455 Good day to everyone. Welcome to Rockwool's AS conference call regarding the results 00:00:04.455 -- 00:00:07.398 for the first nine months of 2025. 00:00:07.398 -- 00:00:10.602 My name is Kim Jung Andersen. I'm the CFO of Rockwool AS. 00:00:10.602 -- 00:00:14.265 Today I'm pleased to present CEO Jes Munch Hansen. 00:00:14.265 -- 00:00:18.490 For the first part of this call, all participants will be in listening only mode. 00:00:18.490 -- 00:00:21.513 As a reminder, this conference call is being recorded. 00:00:21.513 -- 00:00:25.457 First, Jes will go through our presentation and give you an update of the results for 00:00:25.457 -- 00:00:28.870 the first nine months and third quarter of 2025. 00:00:28.870 -- 00:00:32.476 Afterward, we'll be ready to answer all your questions. 00:00:32.476 -- 00:00:37.003 Before I hand over the word to Jes, I must ask you to notice slide number two, which 00:00:37.003 -- 00:00:42.952 is the forward-looking statement. Please be aware that this presentation contains uncertainties. 00:00:42.952 -- 00:00:45.876 Now we can go to the next slide, which is slide number three. 00:00:45.876 -- 00:00:49.679 Jes, I now hand over the word to you. 00:00:49.702 -- 00:00:52.547 Good morning, everyone. And 00:00:52.547 -- 00:00:57.689 I start on slide number three. As you all know, the construction industry is still 00:00:57.689 -- 00:01:03.899 challenged in the macro context, owing to uncertainty, geopolitical turmoil 00:01:03.899 -- 00:01:09.266 and continued hesitations in the market. We don't expect this to change 00:01:09.266 -- 00:01:11.770 in the near term. 00:01:11.770 -- 00:01:17.018 Revenue in the first nine months increased 1% in local currencies. 00:01:17.018 -- 00:01:20.643 Acquisitions we made in Oct...