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Revenue developed well with solid profitability in Q1 2025

Report on first quarter of 2025 for ROCKWOOL A/SRelease no. 30 - 2025 to Nasdaq Copenhagen19 May 2025 Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Revenue developed well with solid profitability in Q1 2025 Highlights Revenue in Q1 2025 reached 959 MEUR, an increase of four percent measured in both local currencies and reported figures compared to last year....
Currencies

Dollar weakness key worry for tech in FY26, says Kotak: Wipro, Persistent, Mphasis may be hit most – Industry News

The sharp depreciation of the US dollar over the past three months poses a growing challenge for Indian IT companies, particularly those with a high concentration of USD-denominated revenues. The USD has depreciated sharply over the past three months, approximately 4 per cent against the INR and even more significantly against the EUR (7.6 per cent) and GBP (9.9 per cent). This sharp INR appreciation can negatively impact profitability, especially for mid-tier firms with high offshore exposure and limited currency hedging. Per an analysis report by Kotak Institutional Equities, the...