Kingspan | Business Post

Kingspan executives enjoy €7m share bonanza after €8bn revenues

Building insulation specialist reported 2022 revenues of €8.3bn earlier this month

Kingspan sales rise above €8bn despite ‘bumpy’ trading

The building insulation firm said it was affected by high energy and consumer inflation

Kingspan accused of ‘dishonest science’ at Grenfell inquiry

Building materials firm engaged in ‘fraudulent tactics’ and ‘buck passing’, victims’ groups barristers argue

Kingspan’s acquisitions set to add €35m to profits in 2023

The Cavan-based group’s trading profit of €432.2 million for the first half of 2022 is up by 32 per cent on the year before

Kingspan reports record revenue of €4.2 billion as profits rise by 32%

Materials giant said exposure to high growth end markets and a concerted worldwide move towards an energy conscious future played a key part in driving growth

Grenfell inquiry: Kingspan accused of being ‘unscrupulous player’ in building industry

Building firm accused of making misleading claims about its insulation product K15, as module of London fire probe concludes

Kingspan to invest €200m in new technology campus in Ukraine

The Cavan-based multinational company has said it will begin construction this year of a new building technology campus in Ukraine that will be completed by 2027

Kingspan exits Russian market

The building materials giant said it made the decision to exit Russia in early March

Analysis: How the invasion of Ukraine will hit global food security

While the fallout of the Russian assault on Ukraine is being felt in the energy markets, conflict in a region that supplies over a third of the world’s wheat could have serious consequences for the global food supply system

Kingspan reports record profits for 2021 but warns of major cost inflation challenges

The Cavan-based insulation giant said soaring raw material and energy prices had forced it to pass on almost €700 million in additional costs to customers last year

US union writes to Kingspan’s major shareholder over Grenfell Tower fire inquiry

Dispute escalates as sheet metal workers’ organisation follows report on investigation with letter to company’s biggest institutional investor

Ulster Rugby deal now in the spotlight as Grenfell inquiry pressure mounts on Kingspan

As the beleaguered insulation company faces further questions at the inquiry into the 2017 Grenfell Tower fire, protesters are demanding that Ulster Rugby sever all sponsorship ties with it

Investment funds buy €260m worth of Kingspan shares

Expenditure comes despite slide in the company’s share price due to Covid-19 outbreaks on construction sites and Brexit

Grenfell Tower inquiry: Kingspan is accused of ‘gaming’ fire safety body

Senior staff member says insulation manufacturers fostered close relationships with authorities to try to get more latitude on tests

Kingspan questioned by building regulator after insulation board removed from Dublin property

Developer Cosgrave Property Group was paid substantial compensation for having to replace insulation product supplied by Cavan firm

Kingspan accused of embodying ‘corrupt culture’ at Grenfell inquiry

Insulation firm has been accused by lawyers for the victims of the June 2017 fire in London of helping to create the conditions that led to the disaster

LA firm pays €186m to grow Kingspan stake as Grenfell fallout continues

The Cavan-based insulation firm has performed strongly this year, but its move to sponsor Mercedes Formula 1 team has sparked fresh controversy

Kingspan shares set to hit €120 despite ‘overhang’ from Grenfell Tower inquiry

Strong sales prompt upgrade of expected revenue for Cavan firm, though ongoing inquiry into London fire disaster means it remains vulnerable

Kingspan predicts €750m full-year operating profit in trading update

The insulations company said a swell in demand at the start of this year buoyed its results for the nine months up to September

The Grenfell blame game: ‘A merry-go-round of buck-passing’

More than four years after a devastating fire ripped through the Grenfell Tower in London, killing 72 people, the construction companies criticised for their alleged role in the tragedy are pointing fingers in other directions – much to the distress of those who survived the event